TORONTO, May 3 /CNW/ - Further to an announcement earlier today regarding
a strategic partnership between Air Canada and Skyservice, Russell Payson,
Chairman, CEO and President, Skyservice and Robert Milton, President and Chief
Executive Officer, Air Canada, will be available at a news
conference/teleconference at 1:30 p.m. at the Skyservice/Esso Avitat, 5501
Electra Road, Mississauga.

MEDIA CONFERENCE/TELECONFERENCE CALL
Date: THURSDAY, MAY 3, 2001
Time: 1:30 P.M. ET
Address: Skyservice Offices, 5501 Electra Road, Mississauga

Directions: Turn west off Renforth Road (north of Highway 401) onto
Convair Drive; turn right on Electra Road; turn right onto 5501 Electra
Road and follow signs to the Skyservice/Esso Avitat Lounge, the smaller
glass building at the end of the hangar.

Call: 1-800-478-9326 or 416-695-5801
Replay: Available one hour after the call until midnight May 4, by
dialing 1-800-408-3053 and entering passcode 754420.

In view of the above, a media teleconference previously scheduled for
11:30 a.m. to discuss Air Canada's first quarter is cancelled. Mr. Milton and
Rob Peterson, Executive Vice President and Chief Financial Officer, will
respond to questions on the airline's first quarter results during the above
mentioned media conference/teleconference call.
The invitation to participate in the media conference/teleconference call
is extended to media only.