Canadian Airlines to Announce New Look January 13th News Conference and Photo Opportunity.

CALGARY, Alberta--(BUSINESS WIRE)--Jan. 12, 1999-- Canadian (TSE:CA.) (VSE:CA.) (Alberta Stock Exchange:CA.) On January 13, 1999, Canadian Airlines, Canadian Regional and Canadian AirCargo will announce a new look at a news conference and photo opportunity.

Barbara Amster, Senior Vice-President, Marketing and Sales and Michael Beckerman, Vice President, Marketing for Canadian will host the event. -0-

Details are as follows:
Date:           Wednesday, January 13, 1999

Time:           10:55 a.m. - 12:30 p.m. (lunch provided)

Location:       Canadian Airlines Domestic Business Lounge
                (see (x)note below)
                Domestic Terminal Building
                Vancouver International Airport

                (x) Please meet promptly at 10:55 a.m. at the
                Children's Play Area on the Departures Level
                (Level 2) between the Domestic and
                International Terminal for escort through
                Security to the Lounge.


Photo Opportunity:
         The news conference is planned to include the arrival of
a Boeing 747 with the new look.
Video News Release:
         A video news release will be available both in Beta
format at the news conference as well as Canada-wide via satellite
downlink.  The satellite downlink coordinates are as follows:


Time:           1230 -1300 PST (1530-1600 EST)
Satellite:      ANIK E2 C Band Transponder 2B (channel 4)
Pole:           Vertical down
Audio:          6.2 & 6.8 MHz
Frequency:      Downlink frequency 3780

Please be ready to roll and record.

News Release:

A news release on the new look will be available on the Canadian Corporate News Wire service (www.cdn-news.com) at 1130 PST (1430 EST) January 13. Following the event, a photo of the 747 will also be available at this address.

Please advise of attendance at the Vancouver event by 1700 EST Tuesday January 12.