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    AC   CA0089118776

AIR CANADA

(AC)
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Delayed Toronto Stock Exchange  -  04:16 2022-11-25 pm EST
19.06 CAD   +0.21%
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Air Canada Wins Workplace Health and Safety Awards for Culture and for Technology at OHS Honours

09/16/2022 | 10:01am EST

Leading national workplace media brands, OHS Canada and Talent Canada, present Air Canada with OHS Culture and Best Use of Safety Technology awards

Editor's Note: A video featuring employees commenting on the OHS Honours awards can be found here.

MONTREAL, Sept. 16, 2022 /CNW Telbec/ - Air Canada has been recognized for its safety-first culture and its innovative use of technology to promote workplace safety. The awards were presented at OHS Honours, an event that recognises the best in workplace occupational health and safety (OHS) across Canada, where the airline won in the OHS Culture and Best Use of Safety Technology categories.

"I am very pleased that Air Canada won occupational health and safety awards for culture and technology at OHS Honours and I am especially proud that our employees at all business levels have made safety a cornerstone of their workplace. These awards demonstrate that our out-of-the-box thinking to develop simple and efficient technology solutions to engage our workforce and make occupational health and safety more effective has worked. Safety is one of our core values and drives every action we take, or decision we make. For an airline, there is no greater recognition to receive nor an award to win, than one for safety," said Samuel Elfassy, Vice President, Safety, at Air Canada.

Additionally, Mr. Elfassy, was named to the inaugural class of the OHS Canada Hall of Fame. The Hall of Fame recognizes Canada-based OHS professionals who have demonstrated excellence throughout their career and are dedicated to workplace health and safety through leadership, volunteerism and giving back.

"We had a record number of nominations for OHS Honours in 2022, which made the work of the judging panel harder than ever," said Todd Humber, Senior Editor of OHS Canada and Talent Canada. "The team was very impressed by the work Air Canada is doing to ensure its workers go home safe to their families at the end of the day. That commitment to the health and safety of their workforce is worth emulating and celebrating."

The OHS Honours are held annually in Toronto and the winners are selected by the editors and publisher of OHS Canada and Talent Canada based on stringent criteria and fact-checks. The OHS Culture Award is presented to organizations that showcase a positive change in health and safety at all business levels and demonstrate a collective shift amongst leadership and employees towards OHS excellence, while the Best Use of Safety Technology award is given to organizations who use technology to help reduce injuries and save lives.

About Air Canada

Air Canada is Canada's largest airline, the country's flag carrier and a founding member of Star Alliance, the world's most comprehensive air transportation network celebrating its 25thanniversary in 2022. Air Canada provides scheduled passenger service directly to 51 airports in Canada, 51 in the United States and 86 internationally. It is the only international network carrier in North America to receive a Four-Star ranking from Skytrax, which in 2021 gave Air Canada awards for the Best Airline Staff in North America, Best Airline Staff in Canada, Best Business Class Lounge in North America, and an excellence award for managing COVID-19. Through its leading travel loyalty Aeroplan program, Air Canada offers the ability to earn or redeem points on the world's largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada's passenger flights and cargo-only flights with its fleet of Boeing 767-300 freighters. Air Canada has committed to a net zero emissions goal from all global operations by 2050. 

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© Canada Newswire, source Canada Newswire English

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Sales 2022 16 374 M 12 242 M 12 242 M
Net income 2022 -1 752 M -1 310 M -1 310 M
Net Debt 2022 8 131 M 6 079 M 6 079 M
P/E ratio 2022 -3,80x
Yield 2022 -
Capitalization 6 826 M 5 104 M 5 104 M
EV / Sales 2022 0,91x
EV / Sales 2023 0,70x
Nbr of Employees 30
Free-Float 84,7%
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Number of Analysts 16
Last Close Price 19,06 CAD
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Spread / Average Target 41,7%
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Michael Stewart Rousseau President, Chief Executive Officer & Director
Amos S. Kazzaz Chief Financial Officer & Executive Vice President
Vagn Ove S°rensen Chairman
Craig Landry Executive Vice President-Operations
Michael M. Green Independent Director
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