276:
achieved record revenues, record profitability and carried a record number of passengers. Its common shares had the greatest share price appreciation of all companies listed on the
Toronto Stock Exchange over the decade ended December 31, 2019. It has expanded dramatically and serves 220 destinations on all six inhabited continents. During his tenure, Air Canada was recognized by Skytrax as the Best Airline in North America in eight out of ten years, and as the only four star network carrier in North America. In addition, it won numerous other awards including Air Transport World's 2018 Eco Airline of the Year and is one of Canada's Top Employers.
1456:
38:
231:, and for over 20 years practiced in the areas of corporate finance and mergers and acquisitions. While a lawyer at Stikeman Elliott LLP, Rovinescu served as lead external counsel on Air Canada's privatization and public offering in 1988 and continued advising the airline on significant transactions and events thereafter. He is a member of the Quebec and Ontario Bar Associations.
275:
Rovinescu is broadly credited with having saved Air Canada from bankruptcy and having set it on a course for sustainable profitability, better labour relations and continued success. In the ten years following his appointment, Air Canada's shares had appreciated more than 4,000% and the airline had
319:
In 2019, Tourisme
Montreal presented Rovinescu with their highest honour, the Tribute Award, for his contribution to the development of Montreal and the Conseil du Patronat inducted him into its Entrepreneursâ Club, amongst the significant leaders of Quebec business. He was inducted as a Companion
279:
On
October 3, 2019, together with his wife Elaine, he announced the creation of the Rovinescu Admission Scholarships for new Canadians, to benefit students at both the University of Ottawa and Université de Montréal through a gift of $ 2M, to be divided equally between the two institutions. The
307:
magazine named
Rovinescu Canada's best CEO of 2013 and again in 2019, the only two-time winner of this award. In addition, in 2016, he was named Canada's Outstanding CEO of the Year by Financial Post Magazine, the country's preeminent award for chief executives, founded in 1990 to identify and
311:
In 2018, Flight Global presented
Rovinescu with the Global Executive Leadership Award at the 2018 Airline Strategy Awards in London, England, the airline industryâs leading recognition for CEOs of global carriers. He was recognized for his "strong and unwavering leadership of Air Canada."
342:
Rovinescu was appointed a member of the Order of Canada for promoting the associated charitable causes and organizations of Canada's largest airline, and for his leadership in spearheading humanitarian relief following several natural disasters.
315:
Also in 2018, Rovinescu was recognized with the CEO lifetime achievement Award at the
Airline Passenger Experience Association (APEX) expo in Boston, and named the first CEO from the Americas to be presented with the Award by APEX.
237:
Between 2004 and returning to Air Canada in 2009, Rovinescu was a co-founder and principal of independent investment bank
Genuity Capital Markets, which subsequently merged with Canaccord Capital to form Canaccord Genuity Group.
498:
840:
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234:
Rovinescu first joined Air Canada in 2000 as its
Executive Vice President of Corporate Development and Strategy and served as its Chief Restructuring Officer during its 2003â2004 restructuring.
280:
Rovinescu
Scholarships will provide first-generation Canadians or children of immigrants, with the opportunity to pursue a bachelorâs or professional degree designation at either university.
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249:, the world's largest global airline alliance, and served in that role from 2012 to 2016. He has also been a member of the board of governors of the
743:
417:
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1386:
250:
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866:
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1485:
1186:
768:
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336:
499:"BCE nominates Monique Leroux and Calin Rovinescu to its Board of Directors; Director Gordon Nixon to be appointed Chair of the Board"
260:, Canada's largest telecom and media company and of the Bank of Nova Scotia, Canadaâs third largest bank. He is a Senior Advisor to
1651:
560:
197:
253:, a global trade association representing some 240 airlines since 2010. He served as chairman of IATA from June 2014 to June 2015.
694:
269:
1533:
1365:
1278:
717:
360:
841:"Prix Distinction 2019 - Tourisme Montréal celebrates excellence and pays a special tribute to Air Canada's Calin Rovinescu"
323:
Rovinescu has been awarded honorary doctorate degrees from six institutions: Université de Montréal, University of Ottawa,
1381:
272:, an organization composed of the CEOs of Canada's largest enterprises, representing all sectors of the Canadian economy.
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145:
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205:
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1502:
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into the
Canadian Business Hall of Fame at a virtual induction ceremony which occurred in June 2021.
284:
209:
151:
53:
1575:
1459:
1172:
268:, a global public affairs advisory to CEOs. He previously served on the Board of directors of the
1599:
1299:
1116:
1040:
304:
292:
96:
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1587:
1557:
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1094:
814:
141:
84:
1581:
1569:
1539:
1335:
1309:
1294:
661:"Air Canada CEO launches $ 2M scholarship for uOttawa and l'Université de Montréal students"
610:
522:
288:
225:
213:
893:"L'Université de Montréal décerne 5 doctorats honorifiques à des personnalités d'exception"
1470:
1304:
826:
168:
27:
537:"How Calin Rovinescu saved Air Canada â and set it on a smoother course â Financial Post"
1551:
1007:"PreĆedintele Air Canada â Doctor Honoris Causa al UniversitÄĆŁii Politehnica BucureÈti"
1615:
1330:
1325:
1131:
744:"Canada's outstanding CEO of the year: Air Canada's Calin Rovinescu â Financial Post"
246:
242:
37:
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635:
224:
Before joining Air Canada, Rovinescu was the managing partner of Montreal law firm
172:(born September 16, 1955), served as the president and chief executive officer of
718:"Algonquin Elder Claudette Commanda appointed chancellor at University of Ottawa"
196:
with his parents and sister when he was five years old. In 1974, he received his
1195:
1146:
173:
135:
956:"University to honour eight with honorary degrees during Spring Convocation"
185:
128:
117:
598:
Air Canada named Best Airline in North America for second consecutive year
1425:
257:
287:, replacing former Governor General Michaëlle Jean. He was replaced by
189:
981:"Honorary Doctorate Recipients â Pepperdine Graziadio Business School"
476:, Air Canada chief gets key role at global airline group Star Alliance
361:"Air Canada CEO Calin Rovinescu to retire in February - BNN Bloomberg"
193:
389:"Air Canada introduces direct flight between Montreal and Bucharest"
375:"Challenges await as Rousseau takes Air Canada helm from Rovinescu"
574:"Air Canada profit climbs on record passenger numbers, new routes"
265:
1031:
General, Office of the Secretary to the Governor (29 June 2018).
943:
Concordia awards honorary doctorates to 4 distinguished Canadians
769:"Airline Strategy Awards recognise Air Canada and AerCap chiefs"
1474:
1168:
687:"Reaching higher altitudes with new chancellor Calin Rovinescu"
1142:
228:
1164:
561:
Air Canada has set higher financial expectations through 2021
308:
recognize exemplary leadership and achievement in business.
283:
Since November 9, 2015, he was named 14th Chancellor of the
488:, Air Canada CEO Calin Rovinescu named new chairman of IATA
412:
410:
408:
406:
867:"2020 Canadian Business Hall of Fame Inductees Announced"
1063:"8 Concordians among newest Order of Canada honourees"
449:, Why this airline chief is Canada's best CEO of 2013
1356:
Montreal-Pierre Eliott Trudeau International Airport
1434:
1418:
1404:
1374:
1348:
1318:
1287:
1271:
1218:
1202:
796:"Air Canada CEO honoured at APEX EXPO â Travelweek"
264:, one of the worldâs largest asset managers and of
208:(Civil Law). In 1980, Rovinescu graduated from the
134:
124:
111:
106:
90:
78:
70:
51:
21:
457:
455:
245:chief executive board, the controlling body of
1392:Ottawa MacdonaldâCartier International Airport
1486:
1180:
535:Magazine, Financial Post (11 November 2014).
8:
742:Magazine, Financial Post (1 November 2016).
66:November 9, 2015 â November 8, 2022
1493:
1479:
1471:
1371:
1315:
1187:
1173:
1165:
1083:
36:
18:
391:. Romania-Insider.com. September 29, 2017
1387:Halifax Stanfield International Airport
794:Group, Travelweek (25 September 2018).
352:
256:He serves on the board of directors of
251:International Air Transport Association
200:degree. In 1978, he graduated from the
1637:Canadian transportation businesspeople
822:
812:
241:Rovinescu was elected chairman of the
1361:Toronto Pearson International Airport
442:
440:
438:
7:
337:Politehnica University of Bucharest
716:Deer, KaânhehsĂ:io (2 July 2022).
176:from April 2009 to February 2021.
14:
1667:Canadian airline chief executives
572:Atkins, Eric (16 February 2018).
418:"Air Canada Corporate Executives"
1455:
1454:
270:Business Council of Canada (BCC)
1534:Joseph-Guillaume-Laurent Forbes
1366:Vancouver International Airport
1657:Members of the Order of Canada
1037:The Governor General of Canada
1033:"Order of Canada Appointments"
464:, Calin Rovinescu â Air Canada
1:
1647:Université de Montréal alumni
1382:Calgary International Airport
1632:Romanian emigrants to Canada
1662:University of Ottawa alumni
262:Brookfield Asset Management
16:Canadian aviation executive
1683:
636:"Top Employer: Air Canada"
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1136:
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1123:
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158:
102:
59:
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35:
1652:McGill University alumni
180:Early life and education
1522:Charles-Hugues Gauthier
1219:Accidents and incidents
923:Office of the President
52:14th Chancellor of the
1411:Michael Rousseau (CEO)
1210:Trans-Canada Air Lines
985:bschool.pepperdine.edu
897:nouvelles.umontreal.ca
212:where he received his
204:where he received his
202:Université de Montréal
184:Rovinescu was born in
146:Université de Montréal
1516:Joseph-Thomas Duhamel
333:Pepperdine University
329:University of Windsor
303:The Globe and Mail's
1546:Marie-Joseph Lemieux
1504:University of Ottawa
1107:University of Ottawa
1043:on 29 September 2020
615:awards.atwonline.com
325:Concordia University
285:University of Ottawa
210:University of Ottawa
152:University of Ottawa
54:University of Ottawa
1576:Gordon F. Henderson
1528:Joseph-MĂ©dard Ămard
1501:Chancellors of the
1319:Former subsidiaries
1124:Business positions
873:. December 19, 2019
335:in California, and
1600:Claudette Commanda
1300:Air Canada Express
1117:Claudette Commanda
825:has generic name (
578:The Globe and Mail
363:. 16 October 2020.
305:Report on Business
299:Awards and honours
293:Claudette Commanda
192:. He emigrated to
115:September 16, 1955
97:Claudette Commanda
1642:Air Canada people
1609:
1608:
1468:
1467:
1442:Canadian Airlines
1400:
1399:
1344:
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1163:
1162:
1154:Succeeded by
1114:Succeeded by
1087:Academic offices
919:"Calin Rovinescu"
667:. October 6, 2019
422:www.aircanada.com
162:
161:
142:McGill University
42:Rovinescu in 2015
1674:
1582:Huguette Labelle
1540:Alexandre Vachon
1505:
1495:
1488:
1481:
1472:
1458:
1457:
1419:Loyalty programs
1372:
1336:Air Canada Tango
1316:
1310:Air Canada Rouge
1295:Air Canada Cargo
1189:
1182:
1175:
1166:
1157:Michael Rousseau
1129:Preceded by
1092:Preceded by
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1073:
1059:
1053:
1052:
1050:
1048:
1039:. Archived from
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847:. March 22, 2019
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693:. Archived from
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640:content.eluta.ca
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226:Stikeman Elliott
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107:Personal details
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1594:Calin Rovinescu
1564:Gabrielle LĂ©ger
1507:
1503:
1499:
1469:
1464:
1446:
1435:Merged airlines
1430:
1414:
1396:
1370:
1340:
1326:Air Canada Jazz
1314:
1305:Air Canada Jetz
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899:. 26 April 2019
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697:on 4 April 2019
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74:Jacques Frémont
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1602:(2022-present)
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1588:Michaëlle Jean
1585:
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1558:GĂ©rald Fauteux
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