Air Canada Reports March Load Factor on Record Volume of Passengers
Good Morning All:
March Load Factor for Big Red from CNW: Traffic increased 12.9 per cent on capacity increase of 11.1 per cent MONTRÉAL, April 6, 2015 /CNW Telbec/ - For the month of March, Air Canada reported a system load factor of 83.1 per cent, versus 81.7 per cent in March 2014, on a system-wide capacity increase of 11.1 per cent. On this additional capacity, system wide traffic for March increased 12.9 per cent for the month. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air Canada purchases capacity and Air Canada rouge®. "I am pleased to report a load factor of 83.1 per cent for the month of March, an increase of 1.4 percentage points from the previous year, and an increase in traffic of 12.9 per cent for the month," said Calin Rovinescu, President and Chief Executive Officer. "Air Canada generated greater traffic in all markets resulting in an unprecedented volume of passengers transported for the month. Our traffic increase was led by significant growth in the U.S. transborder, Atlantic, Pacific and Latin American and Caribbean markets. These strong traffic results underscore the effectiveness of our commercial strategy focusing on international growth and the strategic deployment of Air Canada rouge to compete more effectively in leisure markets. I would like to thank our employees for their hard work, professionalism and dedication especially during this challenging month for all of us." March Q1 2015 2014 Change 2015 2014 Change Traffic (RPMs mln) 5,469 4,843 +12.9% 14,937 13,465 +10.9% Capacity (ASMs mln) 6,583 5,926 +11.1% 18,335 16,773 +9.3% Load Factor 83.1% 81.7% +1.4 pts 81.5% 80.3% +1.2 pts Canada RPMs 1,362 1,297 +5.0% 3,805 3,664 +3.8% ASMs 1,651 1,569 +5.2% 4,657 4,564 +2.0% LF 82.5% 82.7% -0.2 pts 81.7% 80.3% +1.4 pts US Transborder RPMs 1,215 1,008 +20.5% 3,191 2,710 +17.7% ASMs 1,446 1,202 +20.3% 3,883 3,310 +17.3% LF 84.1% 83.9% +0.2 pts 82.2% 81.9% +0.3 pts Atlantic RPMs 1,122 970 +15.7% 2,938 2,507 +17.2% ASMs 1,420 1,305 +8.8% 3,860 3,485 +10.8% LF 79.0% 74.3% +4.7 pts 76.1% 71.9% +4.2 pts Pacific RPMs 1,098 971 +13.1% 3,026 2,841 +6.5% ASMs 1,268 1,152 +10.1% 3,621 3,366 +7.6% LF 86.6% 84.3% +2.3 pts 83.6% 84.4% -0.8 pts Latin America & Caribbean RPMs 672 597 +12.6% 1,977 1,743 +13.4% ASMs 798 698 +14.3% 2,314 2,048 +13.0% LF 84.2% 85.5% -1.3 pts 85.4% 85.1% +0.3 pts The calculation of passenger load factor is based on whole figures and not on rounded million. About Air Canada Air Canada is Canada's largest domestic and international airline serving more than 190 destinations on five continents. Canada's flag carrier is among the 20 largest airlines in the world and in 2014 served more than 38 million customers. Air Canada provides scheduled passenger service directly to 64 Canadian cities, 52 destinations in the United States and 78 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico, Central America and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,321 airports in 193 countries. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax that ranked Air Canada in a worldwide survey of more than 18 million airline passengers as Best Airline in North America in 2014 for the fifth consecutive year. For more information, please visit: www.aircanada.com. |
Bloody interesting read. The " About Air Canada" was compelling.
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Let the hiring spree begin!
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