Air Canada

TSX:AC Stock Report

Market Cap: CA$5.5b

Air Canada Management

Management criteria checks 3/4

Air Canada's CEO is Mike Rousseau, appointed in Feb 2021, has a tenure of 5.17 years. total yearly compensation is CA$13.13M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth CA$3.22M. The average tenure of the management team and the board of directors is 2.9 years and 10.4 years respectively.

Key information

Mike Rousseau

Chief executive officer

CA$13.1m

Total compensation

CEO salary percentage10.66%
CEO tenure5.2yrs
CEO ownership0.06%
Management average tenure2.9yrs
Board average tenure10.4yrs

Recent management updates

Recent updates

Air Canada (TSE:AC) Shareholders Will Want The ROCE Trajectory To Continue

Jan 09
Air Canada (TSE:AC) Shareholders Will Want The ROCE Trajectory To Continue

Air Canada's (TSE:AC) Problems Go Beyond Weak Profit

Aug 04
Air Canada's (TSE:AC) Problems Go Beyond Weak Profit

Is Air Canada (TSE:AC) A Risky Investment?

Jul 21
Is Air Canada (TSE:AC) A Risky Investment?

There's No Escaping Air Canada's (TSE:AC) Muted Earnings Despite A 28% Share Price Rise

May 11
There's No Escaping Air Canada's (TSE:AC) Muted Earnings Despite A 28% Share Price Rise

The Returns At Air Canada (TSE:AC) Aren't Growing

May 02
The Returns At Air Canada (TSE:AC) Aren't Growing

Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Apr 04
Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Air Canada's (TSE:AC) Business And Shares Still Trailing The Market

Mar 14
Air Canada's (TSE:AC) Business And Shares Still Trailing The Market

Return Trends At Air Canada (TSE:AC) Aren't Appealing

Jan 30
Return Trends At Air Canada (TSE:AC) Aren't Appealing

Is Air Canada (TSE:AC) Using Too Much Debt?

Dec 19
Is Air Canada (TSE:AC) Using Too Much Debt?
User avatar

Capacity Expansion Amid Rising Costs Will Erode Profits And Limit Earnings Growth

Planned capacity expansion may undermine revenue growth if demand doesn't meet supply increases amid cost pressures.

Does Air Canada (TSE:AC) Deserve A Spot On Your Watchlist?

Nov 28
Does Air Canada (TSE:AC) Deserve A Spot On Your Watchlist?

Air Canada (TSE:AC) Held Back By Insufficient Growth Even After Shares Climb 32%

Nov 02
Air Canada (TSE:AC) Held Back By Insufficient Growth Even After Shares Climb 32%

Air Canada (TSE:AC) Is Experiencing Growth In Returns On Capital

Oct 22
Air Canada (TSE:AC) Is Experiencing Growth In Returns On Capital

Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Sep 04
Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Pinning Down Air Canada's (TSE:AC) P/S Is Difficult Right Now

Aug 07
Pinning Down Air Canada's (TSE:AC) P/S Is Difficult Right Now

The Return Trends At Air Canada (TSE:AC) Look Promising

Jul 11
The Return Trends At Air Canada (TSE:AC) Look Promising

CEO Compensation Analysis

How has Mike Rousseau's remuneration changed compared to Air Canada's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025CA$13mCA$1m

CA$644m

Sep 30 2025n/an/a

-CA$296m

Jun 30 2025n/an/a

CA$1b

Mar 31 2025n/an/a

CA$2b

Dec 31 2024CA$12mCA$1m

CA$2b

Sep 30 2024n/an/a

CA$3b

Jun 30 2024n/an/a

CA$2b

Mar 31 2024n/an/a

CA$2b

Dec 31 2023CA$12mCA$1m

CA$2b

Sep 30 2023n/an/a

CA$2b

Jun 30 2023n/an/a

CA$502m

Mar 31 2023n/an/a

-CA$722m

Dec 31 2022CA$12mCA$1m

-CA$2b

Sep 30 2022n/an/a

-CA$2b

Jun 30 2022n/an/a

-CA$2b

Mar 31 2022n/an/a

-CA$3b

Dec 31 2021CA$4mCA$500k

-CA$4b

Sep 30 2021n/an/a

-CA$4b

Jun 30 2021n/an/a

-CA$4b

Mar 31 2021n/an/a

-CA$5b

Dec 31 2020CA$3mCA$455k

-CA$5b

Sep 30 2020n/an/a

-CA$3b

Jun 30 2020n/an/a

-CA$2b

Mar 31 2020n/an/a

CA$82m

Dec 31 2019CA$4mCA$700k

CA$1b

Compensation vs Market: Mike's total compensation ($USD9.56M) is above average for companies of similar size in the Canadian market ($USD2.83M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Rousseau (67 yo)

5.2yrs
Tenure
CA$13,127,700
Compensation

Mr. Michael Stewart Rousseau, also known as Mike, has been Chairman of the Chief Executive Board of Star Alliance Services GmbH since December 2024. He has been Chief Executive Officer and President of Air...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Rousseau
CEO, President & Director5.2yrsCA$13.13m0.058%
CA$ 3.2m
John Di Bert
Executive VP & CFO2.8yrsCA$4.16m0.011%
CA$ 606.4k
Mark Nasr
Executive VP & COOless than a yearCA$3.43m0.013%
CA$ 692.9k
Craig Landry
Executive VPless than a yearCA$3.80m0.019%
CA$ 1.1m
Mark Galardo
Executive VPless than a yearCA$3.00m0.0021%
CA$ 116.4k
Melvin Crocker
Chief Information Officer4.6yrsno data0.0018%
CA$ 100.9k
Amanda Murray
Head of Financial Planningless than a yearno datano data
Marc Barbeau
Executive VP4.8yrsCA$2.51m0.0022%
CA$ 124.2k
Arielle Meloul-Wechsler
Executive VP and Chief Human Resources & Public Affairs12.6yrsCA$3.41m0.017%
CA$ 936.3k
Richard Steer
Senior Vice President of Operations & Express Carriersno datano datano data
Vincent Morin
President of Air Canada Pension Investmentsno datano datano data
Murray Strom
Senior Vice President of Flight Operations & Maintenance3.1yrsno data0.0072%
CA$ 396.3k
2.9yrs
Average Tenure
56yo
Average Age

Experienced Management: AC's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Rousseau
CEO, President & Director5.2yrsCA$13.13m0.058%
CA$ 3.2m
Kathleen Taylor
Independent Director9.9yrsCA$325.00k0.0035%
CA$ 192.9k
Madeleine Paquin
Independent Director10.9yrsCA$290.00k0.0064%
CA$ 357.0k
Annette Verschuren
Independent Director13.4yrsCA$297.50k0.024%
CA$ 1.3m
Vagn Ove Sorensen
Independent Chairman of the Board19.4yrsCA$490.00k0.011%
CA$ 593.7k
Christie James Clark
Independent Director12.8yrsCA$315.00k0.028%
CA$ 1.5m
Jean Huot
Independent Director16.9yrsCA$297.50k0.011%
CA$ 600.3k
Robert Fyfe
Independent Director8.6yrsCA$300.00kno data
Michael Green
Independent Director17.1yrsCA$290.00k0.031%
CA$ 1.7m
Amee Chande
Independent Director5.8yrsCA$295.00k0.0050%
CA$ 279.9k
Gary Doer
Independent Director8yrsCA$290.00kno data
Claudette McGowan
Independent Director2.9yrsCA$295.00kno data
10.4yrs
Average Tenure
66yo
Average Age

Experienced Board: AC's board of directors are seasoned and experienced ( 10.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/15 11:20
End of Day Share Price 2026/04/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Air Canada is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Cormark
David OcampoATB Cormark Historical (Cormark Securities)
Ahmad ShaathBeacon Securities Limited