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Air Canada is the world's 10th largest passenger airline by fleet size, and the airline is a founding member of Star Alliance. In 2014, Air Canada together with its Air Canada Express regional partners carried over 38 million passengers. Between them, they operate on average more than 1,500 scheduled flights daily.
Air Canada Rouge (Rouge meaning 'red' in French) is a subsidiary of Air Canada, focused on operating lower-cost flights for leisure travellers. It is fully integrated into the Air Canada mainline and Air Canada Express networks; flights are sold with AC flight numbers but are listed as "operated by Air Canada Rouge" (similar to regional flights operated under the Air Canada Express banner).
Air Canada's predecessor, Trans-Canada Air Lines (TCA), was created by federal legislation as a subsidiary of Canadian National Railway (CNR) on 11 April 1937. [16] [17] The newly created Department of Transport under Minister C. D. Howe desired an airline under government control to link cities on the Atlantic coast to those on the Pacific coast.
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On October 19, 1999, Air Canada, backed by Star Alliance partners Lufthansa, United Airlines and CIBC announced a $930M counter bid to the Onex offer. Air Canada offered $92M for Canadian Airlines and committed to running it as a separate company. On November 2, Air Canada increased its offer to $16 per share to buy back 36.4 percent of the ...