Air Canada 2011 Annual Report Download - page 35

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2011 Management’s Discussion and Analysis
35
The following table provides, as at December 31, 2011, the number of aircraft operated by Jazz under the Jazz CPA and by
other airlines operating flights under the Air Canada Express banner on behalf of Air Canada pursuant to commercial
agreements with Air Canada.
As at December 31, 2011
Jazz Sky Regional Other Total
CRJ-100 17 – – 17
CRJ-200 25 – – 25
CRJ-705 16 – – 16
Dash 8-100 34 – – 34
Dash 8-300 26 – – 26
Dash 8-400 8 5 – 13
Beech 1900 – – 16 16
Total 126 5 16 147
At December 31, 2011, the 126 total aircraft operated by Jazz under the Jazz CPA included one Dash 8-400 aircraft which
operated earlier than planned. In January 2012, the number of aircraft operated by Jazz under the CPA reverted to a total 125
aircraft. During 2012, seven Dash 8-400 aircraft, owned by Jazz, will be introduced into the Jazz CPA fleet and eight
Bombardier CRJ-100 aircraft, owned by Air Canada, will be removed from the Jazz CPA fleet. The Jazz covered fleet is expected
to remain at 125 aircraft throughout 2012.
On May 1, 2011, Sky Regional, on behalf of Air Canada and pursuant to a capacity purchase agreement between the parties,
commenced service between Toronto Island's Billy Bishop Airport and Montreal’s Trudeau Airport.
Air Canada leases or subleases 83 aircraft to third parties, which have final maturities ranging from 2012 to 2024. Air Canada
aircraft, which are leased or subleased to third parties, are not shown in Air Canada's operating fleet table. These leased or
subleased aircraft include six Airbus A340-300s, two Airbus A340-500s, 18 Bombardier CRJ-100 aircraft, 25 Bombardier CRJ-
200 aircraft and 15 Bombardier CRJ-705 aircraft. All of the CRJ aircraft are leased or subleased to Jazz. In addition, seven Dash
8-100 aircraft are leased to Jazz, five Dash 8-400 aircraft are subleased to Sky Regional and five Beech aircraft are subleased
to other Tier III carriers. In 2011, Air Canada exercised purchase rights for two Boeing 777 aircraft with scheduled deliveries in
mid-2013. Air Canada is currently reviewing operating alternatives which may include subleasing, and as a result, these two
aircraft have not been included in the fleet tables above.