Air Canada 2010 Annual Report Download - page 143

Investor and Shareholder Information
Price Range and Trading Volume of Air Canada Variable Voting Shares (AC.A)
Price Range and Trading Volume of Air Canada Voting Shares (AC.B)
Price Range and Trading Volume of Air Canada Warrants (AC.WT)
Designed and produced in-house by
the Air Canada Multimedia Centre
Printing: RR Donnelley
Ce rapport annuel est publié dans
les deux langues officielles du Canada.
Pour en recevoir un exemplaire en français,
veuillez communiquer avec les Relations
avec les actionnaires.
For Further Information
Shareholder Relations
Telephone: [phone]
Facsimile: 514-422-0296
Email: [e-mail]
Investor Relations
Telephone: [phone]
Facsimile: 514-422-7396
Head Office
Air Canada Centre
7373 Côte-Vertu Blvd. West
Saint-Laurent, Quebec H4S 1Z3
Internet
www.aircanada.com
Air Canada complies with the guidelines
adopted by the Toronto Stock Exchange.
Transfer Agents and Registrar
CIBC Mellon Trust Company
Telephone: [phone]
Halifax, Montreal, Toronto,
Calgary and Vancouver.
Duplicate Communication
Shareholders receiving more than one copy
are requested to call 1-800-387-0825 or
write to the Transfer Agent and Registrar,
CIBC Mellon Trust Company at the
following address:
2001 University Street, Suite 1600,
Montreal, Quebec H3A 2A6
Inquiries may be submitted by electronic mail
to [email protected]
2010 High Low Volume Traded
1st Quarter $ 2.43 $ 1.25 9,716,700
2
nd Quarter $ 2.75 $ 1.51 12,110,394
3
rd Quarter $ 3.26 $ 1.58 24,114,944
4th Quarter $ 4.11 $ 2.72 11,669,264
57,611,302
2010 High Low Volume Traded
1st Quarter $ 2.29 $ 1.24 63,240,015
2
nd Quarter $ 2.67 $ 1.40 55,606,738
3
rd Quarter $ 3.05 $ 1.60 73,871,011
4th Quarter $ 4.09 $ 2.76 148,813,896
341,531,660
2010 High Low Volume Traded
1st Quarter $ 0.70 $ 0.27 19,482,307
2
nd Quarter $ 0.85 $ 0.34 5,461,505
3
rd Quarter $ 1.08 $ 0.34 19,882,235
4th Quarter $ 1.88 $ 0.91 25,764,915
70,590,962
ENGLISH OR FRENCH, IT’S THE CLIENT’S CHOICE
Official Languages at Air Canada
For Air Canada, offering service in the language chosen by its customers is essential. Verbal exchanges with clients, public-address announcements
at the airport and on board as well as briefing of passengers with special needs all constitute the very heart of customer service and call upon our
employees linguistic skills at all times. Our consideration to bilingualism not only makes good sense customer-wise, but also supports our legal
obligations to serve the public in the two official languages of Canada.
Air Canada puts great efforts to better serve clients in the language of their choice. It is through reach-out activities with the minority language
communities as well as ongoing employee awareness and training that we can face the daily challenges, whether it is the growing difficulty to
recruit bilingual candidates outside the province of Quebec and the national capital region, or for our employees to maintain their language skills
with very little opportunities to practice the acquired language in some regions of the country.
Restrictions on Voting Securities
Currently, the Air Canada Public Participation Act (ACPPA) limits ownership of Air
Canada’s voting interests by non-residents of Canada to a maximum of 25%. The
Canada Transportation Act (CTA) also requires that Canadians own and control at least
75% of the voting interests of licensed Canadian carriers. Accordingly, Air Canada's
articles contain restrictions to ensure that it remains “Canadian” as defined under the
CTA. The restrictions provide that non-Canadians can only hold variable voting shares of
Air Canada, that such variable voting shares will not carry more than 25% (or any higher
percentage that the Governor in Council may by regulation specify) of the aggregate
votes attached to all issued and outstanding voting shares and that the total number of
votes cast by the holders of such variable voting shares at any meeting of shareholders
will not exceed 25% (or any such higher percentage) of the votes that may be cast at
such meeting.
The Government of Canada's Bill C-10, the Budget Implementation Act 2009, contains
provisions whereby the restrictions on voting securities in the ACPPA would be repealed
and the CTA would be amended to provide the Governor in Council with flexibility to
increase the foreign ownership limit from the existing 25% level to a maximum of 49%.
These provisions will come into force on a date to be fixed by order of the Governor
in Council made on the recommendation of the Minister of Finance, in the case of the
ACPPA, and on the recommendation of the Minister of Transport, in the case of the CTA.