Assignment: International trade of Canadian companies:
Name: Air Canada
As Canada’s largest airline and the world’s tenth-largest passenger airline by number of destinations, it offers direct passenger service to more than 175 destinations on five different continents. Air Canada is an airline offering air transport to diverse customers. Customers can pay premiums for first-class seats while others may chose to travel as economy class. The company’s primary function again is to offer air travel while other revenues stream from commodity sales abord air crafts.
Air Canada originated from the Canadian federal government's 1936 creation of Trans-Canada Airlines, which inaugurated its first flight on September 1, 1937. By 1964, TCA had grown to become Canada's national airline; it changed its name to Air Canada. The significance of this is that the government’s commissioning of the original company platformed it’s future success. The airline was fully privatized in 1989 (made independent from the government). After an unofficial monopolization of the company’s extent, In 2001 Air Canada began meeting new rivals. One example of a newer company that sprouted after this period was Canadian Airlines. All in all because of the outreach of the company’s operations on national and international levels, it became so strong that In 2006, 34 million people flew with Air Canada as the airline celebrated its 70th anniversary.
Operating revenues (Canadian dollars in millions):
$ 12,120 Revenue per passenger miles (millions) (RPM):
Headquarters: La Rondelle ("The Puck" in French); a 7 story building that serves as the corporate headquarters of Air Canada, located on the grounds of Montréal-Pierre Elliott Trudeau International Airport and in Saint-Laurent,Montreal, near Dorval.
The largest hub: Toronto Pearson International Airport is operated by the Greater Toronto Airports...
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