Air Canada 2008 Annual Report Download - page 35

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2008 Management’s Discussion and Analysis
35
In response to record high fuel prices, on June 17, 2008, Air Canada announced a reduction in capacity. This capacity
reduction, particularly the parking of the Boeing 767-200 aircraft, has impacted its fleet. The Corporation is continually
evaluating its fleet requirements and planned aircraft events may be subject to further review and change.
The following table provides the existing and planned fleet changes to Air Canada’s operating fleet (excluding aircraft
operated by Jazz):
Actual Planned
Fleet Plan
December31,2007
New Deliveries
SubleasetoThirdParty
Lease returns
Parked
December31,2008
New Deliveries
SubleasetoThirdParty
Lease returns
Parked
December31,2009
2010eetchanges
December31,2010
B777-300 5 5 - - - 10 2 - - - 12 - 12
B777-200 3 3 - - - 6 - - - - 6 - 6
B767-300 31 - - (1) - 30 - (2) - - 28 - 28
B767-200 10 - - - (10) - - - - - ---
A340-300 (1) 5 - (3) - (2) - - - - - - - -
A330-300 8 - - - - 8 - - - - 8 - 8
A321 10 - - - - 10 - - - - 10 - 10
A320 41 - - - - 41 - - - - 41 - 41
A319 37 - - (2) - 35 - - - - 35 - 35
Embraer E190 42 3 - - - 45 - - - - 45 - 45
Embraer E175 15 - - - - 15 - - - - 15 - 15
Total 207 11 (3) (3) (12) 200 2 (2) - - 200 - 200
Average age (years) 9.0 8.8 9.5 10.5
(1) Two Airbus A340-300 aircraft were parked in the fourth quarter of 2008 pending their sublease to third parties.
AircraftInteriorRefurbishmentProgram
Air Canada commenced a refurbishment program of the interiors of its existing aircraft (Boeing 767-300, Airbus A330-300,
A321, A320 and A319 aircraft) in 2006 in order to offer its customers a world class product. Air Canada has completed the
refurbishment of all its operating aircraft with the exception of seven Airbus A330 aircraft and one Boeing 767-300 aircraft.
These aircraft are scheduled to be refurbished by mid-2009. The Embraer and Boeing 777 aircraft are delivered with the new
seats and entertainment systems already installed.