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Air Canada
Symbol AC
Shares Issued 293,013,665
Close 2026-03-30 C$ 17.51
Market Cap C$ 5,130,669,274
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Globe says Air Canada boss Rousseau to retire in Sept.

2026-03-31 07:17 ET - In the News

The Globe and Mail reports in its Tuesday edition that Air Canada chief executive officer Michael Rousseau is leaving the company after setting off a political and public relations storm with an English-only video about this month's plane crash at New York's LaGuardia Airport, which cost the lives of two pilots. The Globe's Nicolas Van Praet and Eric Atkins write that Mr. Rousseau, 68, will retire by the end of September, the airline said in a statement Monday. The CEO sparked outrage and indignation in Quebec and Ottawa over his inability or unwillingness to speak French despite committing years ago to learning the language. In the video, he said only two words in French: "Bonjour" at the start and "merci" at the end. Federal Industry Minister Mélanie Joly said Mr. Rousseau's video showed "a lack of empathy and a lack of sensitivity," given that some of the victims and their families are French-speaking. Prime Minister Mark Carney said it lacked judgment and compassion. On Monday, Mr. Carney said it is "essential" Air Canada's next CEO is bilingual. "Recent events have underscored the importance of that," Mr. Carney told reporters, calling Mr. Rousseau's looming retirement "the right decision at the right time."

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