Air Canada (ACDVF) CEO Calin Rovinescu on Q4 2020 Results - Earnings Call Transcript

Feb. 12, 2021 4:45 PM ETAir Canada (ACDVF), AC:CA
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Air Canada (OTCQX:ACDVF) Q4 2020 Earnings Conference Call February 12, 2021 8:30 AM ET

Company Participants

Kathleen Murphy - Director-Investor Relations & Corporate Reporting

Calin Rovinescu - President & Chief Executive Officer

Lucie Guillemette - Executive Vice President & Chief Commercial Officer

Mike Rousseau - Deputy Chief Executive Officer & Chief Financial Officer

Conference Call Participants

Konark Gupta - Scotiabank

Hunter Keay - Wolfe Research

Kevin Chiang - CIBC

Walter Spracklin - RBC Capital Markets

Savi Syth - Raymond James

Tim James - TD Securities

Chris Murray - ATB Capital Markets

Cameron Doerksen - National Bank Financial

Jamie Baker - JPMorgan

Stephen Trent - Citigroup


All participants, please standby; your conference is ready to begin. Good morning, ladies and gentlemen. Welcome to the Air Canada Fourth Quarter and Full Year 2020 Conference Call.

I would now like to turn the meeting over to Kathleen Murphy. Please go ahead, Ms. Murphy.

Kathleen Murphy

Thank you, Alina, and good morning, everyone, and thank you for joining us on our fourth quarter and full year 2020 earnings call. With me this morning are Calin Rovinescu, our President and Chief Executive Officer; Mike Rousseau, our Deputy Chief Executive Officer and Chief Financial Officer; Lucie Guillemette, our Executive Vice President and Chief Commercial Officer; and Craig Landry, our Executive Vice President of Operations.

On today's call, Calin will begin by giving you an overview of the impact of the COVID-19 pandemic and related travel restrictions on Air Canada, what we have been doing in response and how we view the future. Lucie will touch on travel demand, cargo, and loyalty. And Mike will provide you with visibility on current plans regarding cash burn rate and liquidity before turning it back to Calin. We will then open it up to questions from equity analysts followed by questions from fixed-income analysts. Before we get

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