Emirates And Air Canada Enter Into Strategic Alliance

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Emirates and Air Canada announced today the signing of a strategic collaboration agreement that would provide consumers with more options while travelling on both airlines’ networks, while also boosting the overall customer experience.

Emirates and Air Canada plan to create a codeshare partnership later in 2022, which will provide Air Canada customers with more options for travel to the United Arab Emirates and beyond Dubai. Customers of Emirates will also enjoy a better travel experience while travelling to Toronto and other key Air Canada destinations. Customers will be able to book connecting flights between both airlines’ networks with the convenience of a single ticket, seamless connectivity at the carriers’ respective global hubs, and seamless baggage transfers.

Sir Tim Clark, president of Emirates Airline, stated:

This is a significant partnership that will enable our customers access to even more destinations in Canada and the Americas, via our Toronto and US gateways. It also opens up many new route combinations for travellers across Emirates’ and Air Canada’s extensive networks in the Americas, the Middle East, Africa and Asia. We are pleased to partner with Air Canada, one of North America’s most established airlines and Canada’s flag carrier and we look forward to jointly progressing on various areas to provide even better customer flight choices and experiences.

As we continue pursuing our strategy of expanding our global reach in response to growing opportunities in VFR markets (Visit Friends and Relatives) that serve Canada’s large multicultural communities, we are very pleased to form a strategic partnership with Emirates, a highly respected flag carrier of the United Arab Emirates with a hub in the vibrant city of Dubai. This strategic agreement will create network synergies, and Air Canada customers will have additional, convenient options when travelling between Canada and the United Arab Emirates as well as destinations beyond Dubai” said Michael Rousseau, President and Chief Executive Officer at Air Canada. “We look forward to introducing Air Canada codeshare service on key Emirates flights, as well as adding the EK code on select Air Canada flights, and welcoming Emirates customers on our services later this year.

To further improve the customer experience, the carriers will also offer reciprocal frequent flyer benefits and lounge access to qualifying passengers. As soon as the partnership and precise codeshare routes are finalised, they will be announced, pending regulatory approvals and final documentation.

The public communications of Air Canada may contain forward-looking statements as defined by applicable securities regulations. These statements may include guidance, strategies, expectations, planned operations, or future activities, but are not restricted to them. By their very nature, forward-looking statements are based on assumptions, are subject to significant risks and uncertainties, and cannot be relied upon owing, among other things, to changing external events and general business uncertainties.

Actual results could differ considerably from those projected in forward-looking statements due to a number of factors, including those described in this press release and in Air Canada’s public disclosure file, which is available at www.sedar.com. These forward-looking statements represent the expectations of Air Canada as of the date of this news release and are subject to change after such date. Air Canada disclaims any intention or duty to update or alter any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable securities laws.

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