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AIR CANADA

AIR CANADA

Attention Business/Financial Editors

Media Advisory - Air Canada to present fourth quarter and full year 2009 results

	    MONTREAL, Jan. 28 /CNW Telbec/ - Air Canada will hold a conference call
for analysts on Wednesday, February 10, 2010 to present fourth quarter and
full year 2009 results. Air Canada President and Chief Executive Officer,
Calin Rovinescu, Executive Vice President and Chief Financial Officer, Michael
Rousseau, and Executive Vice President and Chief Commercial Officer, Benjamin
Smith will be available for analysts' questions. Media and the public may
access this call on a listen-in basis. Details are as follows:

	    <<
	    ANALYST CONFERENCE CALL / AUDIO WEBCAST

	    Date:    Wednesday, February 10, 2010

	    Time:    8:30 a.m. ET

	    By telephone:  1-866-223-7781 toll free or (416) 340-8018 for the Toronto
	                   area.
	                   Please allow 10 minutes to be connected to the conference
	                   call.

	    Webcast:  http://events.startcast.com/events6/20/C0015/Default.aspx
	              Note: This is a listen-only audio webcast. Media Player or
	              Real Player is required to listen to the broadcast; please
	              download well in advance of call.

	    Replay:   Instant replay will be available beginning approximately one
	              hour after the call. Dial 416-695-5800 or 1-800-408-3053 toll
	              free and enter the passcode 5838274#, until
	              midnight ET Wednesday, February 17, 2010.

	    Note:     A slide presentation will be available at approx. 8:00 a.m.,
	              Wednesday, February 10, 2010 for viewing at
	              http://www.aircanada.com/en/investors/quarterly.html.  This
	              presentation is not intended for simultaneous viewing with the
	              conference call.
	    >>

	    Fourth quarter and full year 2009 results will be released prior to the
opening of markets and the conference call on Wednesday, February 10, 2010.





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