Air Canada CFO 'confident' impact from potential recession would be less than in 2008, 2009

27 September, 2019

Air Canada EVP and CFO Michael Rousseau said he is "highly confident" the impact from a potential recession "would be less than half what the impact was in '08-09" (Delta Optimist, 26-Sep-2019). He noted the reduced impact would be due to the carrier's purchase of Aeroplan, greater labour contract flexibility, a more debt free fleet and its subsidiary Air Canada Rouge.