Michael Rousseau, chief executive officer of Air Canada, speaks with attendees of the Montreal Chamber of Commerce on Wednesday, Nov. 10, 2021. T2K 6J7. I look forward to the challenge, confident that our dedicated and highly motivated team will exceed your expectations as we transport you safely to your next destination. Leading an iconic company like Air Canada is a huge responsibility and, for a proud Canadian like me, also a great honour. Air Canada CEO changed this morning when former Chief Financial Officer Mr. Michael Rousseau took over from Mr. Calin Rovinescu. Click here to print the content on this page. Air Canada chief executive officer Michael Rousseau apologized and pledged to learn French following a wave of criticism from political leaders in Ottawa and Quebec for saying he doesn't speak . Now it wont refund my $3,606. Michael Rousseau President and Chief Executive Officer Air Canada Centre 7373 Cte-Vertu Blvd. guidelines. When search suggestions are available use up and down arrows to review and enter to select. Rousseau previously held the position of President for Hudson's Bay Co., Chief Financial Officer & Senior Vice President of Moore Corp., Principal at Capital Eye Investments Ltd. and Chief Financial Officer & Vice President at Silcorp Ltd. Mr. Rousseau received a graduate degree from Villanova University and an undergraduate degree from The Pure electric planes are limited to short-haul and commuter routes because of battery limitations. Bloomberg Markets European Close. Mr. Rousseau has been a member of the Board of Directors at Resolute Forest Products since 2010 and he has held several Board memberships of other public companies over the past 18 years. View Air Canada (www.aircanada.com) location in Quebec, Canada , revenue, industry and description. Michael Rousseau holds the position of President, Chief Executive Officer, and Director at Air Canada. Michael S. Rousseaubecame Air Canadas President and Chief Executive Officer in February 2021. googletag.pubads().collapseEmptyDivs(); googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); The latest email that has reached our inboxes is from the President and Chief Executive Officer of Air Canada, Mr. Michael Rousseau. 137 others named mike rousseau are on LinkedIn See others named mike rousseau . As Deputy Chief Executive Officer and Chief Financial Officer, Mr. Rousseau had oversight for several significant corporate initiatives and businesses including Air Canada Rouge, in addition to his responsibilities for the airline's overall financial strategic direction comprising all aspects of financial reporting and planning, investor relations, treasury and controller's operations, taxation, pension administration, internal audit, procurement and corporate real estate. RPO Thorncliffe I am sure that Mr. Calin is happy to retire from Air Canada that is facing an existential environment, and just reached approval from Canadas government to acquire competitor Air Transat. All were eventually removed from the fleet in the 1990s, part of an industry trend in which most passenger carriers determined the cost structure and infrastructure required didnt justify a separate freighter division in a market with regular peaks and valleys. It opened the export acceptance area on Monday, featuring 30,000 square feet of temperature-controlled storage, an X-ray machine that allows certain pharmaceutical and fresh products to be screened and an area to keep active refrigeration units. The latest email that has reached our inboxes is from the President and Chief Executive Officer of Air Canada, Mr. Michael Rousseau. The changes would see Air Canada reduce its schedule by 77 round trips or 154 flightson average, each day during the months of July and August. In the past year, we finished the technically challenging task of installing a new reservation system to serve customers better, and we launched a transformed Aeroplan program that is a step change in terms of flexibility and reward appeal. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. I joined Air Canada as Chief Financial Officer in 2007 to help the company at another difficult time in our industry, during the global financial panic. We mostly did all this without fanfare. The regional aircraft are expected to enter service in 2028. Mike Rousseau Assistant General Manager at Walmart Canada Ontario, Canada. In a world that is becoming more and more innovative each day, airlines and airports are looking to implement new technologies that improve the passenger experience. He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists. googletag.enableServices(); Cargo-only passenger flights since phased out as travel demand rebounded contributed $661 million in revenue during 2021. a New Window, Opens in a New Although many of you have not had a chance to travel recently, we know the desire to do so remains strong. Box 500 Station A Toronto, ON Canada, M5W 1E6. Canada on Monday said it would allow fully vaccinated U.S. tourists to enter the country starting from Aug. 9, after the COVID-19 pandemic forced an unprecedented 16-month ban. Sears couldnt deliver my appliances. Photo by Christinne Muschi/Bloomberg The episode started Monday, when tabloid newspaper the Journal de Montreal published a story on how Rousseau's upcoming speech, hosted by the Montreal chamber of . This edition is from theMarch/Aprilissue. As Deputy Chief Executive Officer & Chief Financial Officer, Mr. Rousseau had oversight for several significant corporate initiatives and businesses including Air Canada Rouge, in addition to his responsibilities for the airlines overall financial strategic direction comprising all aspects of financial reporting and planning, investor relations, treasury and controllers operations, taxation, pension administration, internal audit, procurement and corporate real estate. Site & Contents 2011-2023 LoyaltyLobby.comTerms of Use & Privacy Policy, 20112023 LoyaltyLobby.com - Site & Contents, Compensation Clinic: Air Canada Flight Delay & Missed Connection Resulting In 24h+ Delayed Arrival, Air Canada Aeroplan 3,500 To 7,000 Bonus Miles For Travel To Europe March 1 September 30, 2023 (Book By March 1), Air Canada Check-In System Is Still Unable To Accept Certain Covid Test Certificates, Hilton Go Employee And Friends & Family Rate Plans. You We also made major changes to our fleet, renewing it with modern Airbus A220 and Boeing 737 MAX aircraft that are more comfortable and, importantly, more environmentally friendly, than the older aircraft we retired. Cargo sales were up 119% compared to 2019. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Leading an iconic company like Air Canada is a huge responsibility and, for a proud Canadian like me, also a great honour. Why is it taking so long to get a cruise refund? He had held various roles in the company's executive suite since 2007. Air Canada has a large network operated by regional turboprops. She lost her engagement ring in a rental car. This allows affected passengers to reschedule their trips better or opt for a refund. Canada English edition. In the past year, we finished the technically challenging task of installing a new reservation system to serve customers better, and we launched a transformed Aeroplan program that is a step change in terms of flexibility and reward appeal. googletag.cmd.push(function() { At the same time, we will continue to deliver the superior customer service that won us the title of Best Airline in North America at eight of the last 10 Skytrax World Airline Awards. That prompted swift criticism from federal and provincial politicians and several Quebec commentators. I joined Air Canada as Chief Financial Officer in 2007 to help the company at another difficult time in our industry, during the global financial panic. This edition is from the March/April issue. Select your edition and language. I saw first-hand how a period of upheaval is an ideal opportunity to make changes and try new things. The airline's C$187 million full-year operating loss is a major improvement on the C$3.05 billion ($2.26 billion) losses over 2021. There are cargo lanes you really cant offer from a passenger perspective. I look forward to the challenge, confident that our dedicated and highly motivated team will exceed your expectations as we transport you safely to your next destination. Were always here to help. It is clear that many airlines, including Air Canada, have scheduled too many flights for this summer. And especially sad that Michael Rousseau, when he first set his sights on the corner office, did not have the wisdom and the curiosity to learn the language spoken by 8 million Canadians. }); WASHINGTON The man who got rid of Air Canadas last freighter as CFO 15 years ago now says as CEO he wants to double cargo revenue with the help of the airlines new freighter fleet. They will join the fleet in stages over the next 18 months. Since 2011, we have been helping millions of visitors like you untangle travel loyalty programs for free upgrades, flights and hotel nights. Michael Rousseauwas appointed Air Canada's President and Chief Executive Officer in February 2021. d'Air Canada, Michael Rousseau, n Montral d'une mre francophone, rentr au Qubec depuis 14 ans, vit avec une conjointe francophone. Check out Elliott Advocacy Today, our free, daily newsletter with links to your favorite commentary, tips and news about consumer advocacy. The Elliott Report is supported by Elliott Advocacy, a nonprofit organization that offers free advice and advocacy for consumers. googletag.pubads().collapseEmptyDivs(); MONTREAL, Feb. 6, 2023 /CNW Telbec/ - Michael Rousseau, Air Canada President and Chief Executive Officer, Amos . Air Canada's CEO is Michael Rousseau Who is the CFO of Air Canada? Story continues below In a letter to the airline's chairman, Deputy Prime Minister and Finance Minister Chrystia Freeland said "significant improvement" in Chief Executive Officer Michael Rousseau's language ability "should be incorporated as one of his key performance goals." Stock Symbol. Air Canada Executive Team & Key Decision Makers. From the very beginning of the pandemic, we have continually layered on new biosafety measures and improved upon those already in place. The ES-30 model ordered by Air Canada will be capable of carrying 30 passengers and have a range of nearly 250 miles because the lithium-ion battery powering the electric motor will be mated with a traditional generator that can use sustainable aviation fuel. I saw first-hand how a period of upheaval is an ideal opportunity to make changes and try new things. Many pointed out that Air Canada is subjectto the Official Languages Act and must therefore serve customers in English and French, depending on the customer's preference. Is it easy?". General One of the top exports to Europe is lobsters and inbound flights from South America frequently include cut flowers. Air Canada maintains its headquarters in the borough of Saint-Laurent, Montreal, Quebec. Montreal's Chamber of Commerce had invited Rousseauto speak about Air Canada's recovery after the pandemic. Select your edition and language. Our help is free. Select your edition and language. Government fines airline for cabotage violations? Michael Rousseau, 61, was tagged as the successor to chief executive officer Calin Rovinescu in 2019, when he was promoted to deputy CEO. Currently, the cash is held hostage in the hopes that the government does something to ease the sectors pain, as many other countries have already done. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767737710-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Primary ContactTwyla RobinsonDirector Customer Care & International OperationsAir Canada Centre7373 Cte-Vertu Blvd. Rousseau was appointed president and CEO of Air Canada in February, and has occupied top positions at the airline since 2007. googletag.pubads().enableSingleRequest(); From the very beginning of the pandemic, we have continually layered on new biosafety measures and improved upon those already in place. Canada English edition. Quebec Liberal Party Leader Dominique Anglade also reacted, calling Rousseau's comments "appalling and disrespectful" and stating that "Air Canada frankly does not understand the impact of its decisions," to appoint a CEO who does not speak adequate French. West Saint-Laurent, Quebec H4S 1Z3 michael.rousseau@aircanada.ca Travelers say theyll skip the airport and hit the road in 2011, Ridiculous or not? Consumer Alert: No more automatic refunds for skipped ports? . Michael Rousseau - President & Chief Executive Officer, Air Canada Michael Rousseau was appointed Air Canada's President and Chief Executive Officer in February 2021. When Air Canada CEO Michael Rousseau was asked in French on Wednesday how he managed to live in Quebec's largest city for 14 years without speaking the language, he paused and requested the question be posed in English. Raymond Thberge, Canada's Commissioner of Official Languages, said he hopes Rousseau will make a commitment to do so. A graduate of York University, Mr. Rousseau has been a member of the Ontario Institute of Chartered Accountants since 1983. Air Canada | Aeroplan - Letter from AC's president Michael Rousseau re summer 2022 travel disruptions - Interesting, just received this At Air Canada, we know how important travel plans are. Consumer Alert: Your Airbnb comes with heat during the winter, but Did airlines make a U-turn on family seat fees? My Samsung tablet wont hold a charge. Policy, Cookies It was his first major speech since he was appointed CEO of the company, which used to be a Crown corporation, in February. Deputy CEO and CFO Michael Rousseau to succeed Mr. Rovinescu. We think cargo is a great business for Air Canada. Media CentreClick here to open mobile navigation. Michael Rousseau was born in 1958-1959 in Montreal, Canada. googletag.enableServices(); On 15 February, the 61-year-old took over from long-time Air Canada leader Calin Rovinescu, who led the company as chief executive for more than 12 years, and previously served its chief. googletag.pubads().enableSingleRequest(); Indicates an external site which may not meet accessibility Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Rousseau said the airline should have four or five 767 freighters by the first quarter of 2023. The latest trend in air travel must be the influx of advance apology emails from airline CEOs and boards. Air Canada is the flag carrier of Canada. Letter from Michael Rousseau, President and CEO: Looking Forward. This is even more the case today when many are taking their first trip in years following the pandemic. I look forward to the challenge, confident that our dedicated and highly motivated team will exceed your expectations as we transport you safely to your next destination. All of us at Air Canada are eager to welcome you back on board. }); googletag.cmd.push(function() { Do not simply write to the President/CEO. Eric is based in Portland, Oregon. Check out our directory. Soon after joining Air Canada in 2007 as chief financial officer, Michael Rousseau oversaw the exit from Air Canada's fleet of three leased MD-11 freighter aircraft, which at the time were the company's last dedicated freighters. }); Many years ago we had freighters. Its 2021 net loss was $3.602 billion or $10. He previously was the airline's Deputy Chief Executive Officer and Chief Financial Officer, a role held since January 2019. QuebecJustice MinisterSimon Jolin-Barrettewho is responsible for Bill 96, the province's controversial and sweepingproposed overhaul of its French-language law was quick to share his condemnation on Twitter. This is a business in the cargo world where they want year-round service. A graduate of York University, Mr. Rousseau has been a member of the Ontario Institute of Chartered Accountants since 1983. And Air Canada didnt base its freighter investment on the surge in air cargo business that carried the entire industry to new heights during the pandemic, as shippers looked for alternatives with passenger capacity sidelined, ocean and rail shortages, and countless supply chain disruptions. "In no way . This could limit your ability to resolve your issue. America. REUTERS/Ben Nelms/File Photo Click here to email the current page content. It must do so in both official languages and its leaders must be an example.". For the entire year 2022, Air Canada had a net loss of $1.7 billion or $4.75 per diluted share, which included a foreign exchange loss of $732 million. googletag.pubads().collapseEmptyDivs(); He has also held senior executive financial positions at other large, international corporations, including Moore Corporation in Chicago, Silcorp Limited and the UCS Group (a division of Imasco Limited). Air Canadas efforts to achieve net zero emissions by 2050 include forming a consortium to encourage more investments and credits in production of sustainable aviation fuel in Canada and supporting the development of carbon capture technologies. There is no need to trace or follow up, it does not speed up processing by emailing the Executive or President/CEO. window.googletag = window.googletag || {cmd: []}; Instead, it became a public relations. Director of Chorus since February 4, 2019. Pseudonyms will no longer be permitted. Check out Elliott Advocacy Today, our free, daily newsletter with links to your favorite commentary, tips and news about consumer advocacy. Michael Rousseau Email Address Rousseau was appointed Deputy Chief Executive Officer Chief Financial Officer in January 2019. Information on scheduled and estimated departure and arrival times, delays and cancellations. WestSaint-Laurent, Quebec H4S 1Z3https://www.aircanada.com/us/en/aco/home.html, Main: (514) 422-5000Toll Free: (888) 247-2262, PO Box 64239 Michael Rousseau, Air Canada's chief executive officer, urged Ottawa to act and introduce a reopening plan, "because air transport is a central pillar in the nation's infrastructure." "It. We also made major changes to our fleet, renewing it with modern Airbus A220 and Boeing 737 MAX aircraft that are more comfortable and, importantly, more environmentally friendly, than the older aircraft we retired. It holds a Four-Star ranking from Skytrax. 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