The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Air Canada Reports April Load Factor

Thursday, May 03, 2012

Air Canada Reports April Load Factor16:15 EDT Thursday, May 03, 2012MONTREAL, May 3, 2012 /CNW Telbec/ - For the month of April, Air Canada reported a system load factor of 83.0 per cent, versus 81.9 per cent in April 2011, an increase of 1.1 percentage points.  System traffic increased 1.0 per cent on a system-wide capacity decrease of 0.3 per cent. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air Canada purchases capacity."For the month of April, Air Canada reported a system load factor of 83.0 per cent, an increase of 1.1 percentage points from the previous year," said Calin Rovinescu, President and Chief Executive Officer.  "Overall, traffic grew system wide by 1 per cent, led by traffic growth in our domestic Canada and Pacific markets of 3.3 and 5.1 per cent, respectively.  These gains were achieved despite a reduction in capacity of 0.3 per cent as a result of disruption to operations caused by job action by a number of unionized employees and the rescheduling of maintenance activities following the sudden closure by Aveos of its facilities. We are focused on maintaining the loyalty and confidence of our customers, and I would like to thank those employees who worked doubly hard during the month to get our customers to their destination safely." AprilYear-To-Date 20122011Change20122011ChangeTraffic (RPMs mln)4,3624,318+1.0%17,308   16,673+3.8%Capacity (ASMs mln)5,2535,271-0.3%21,59721,130+2.2%Load Factor83.0%81.9%+1.1 pts80.1%78.9%+1.2 pts        CanadaRPMs1,2281,189+3.3%4,7674,597+3.7%ASMs1,4521,424+2.0%5,8725,757+2.0%LF84.6%83.5%+1.1 pts81.2%79.9%+1.3 pts        US TransborderRPMs788809-2.6%3,3273,176+4.8%ASMs1,0021,022-2.0%4,2374,070+4.1%LF78.6% 79.2%- 0.6 pts78.5%78.0%+0.5 pts        AtlanticRPMs1,0291,032 -0.3%3,4513,319+4.0%ASMs1,2311,260 -2.3%4,5654,487+1.7%LF83.6%81.9%+1.7 pts75.6%74.0%+1.6 pts        PacificRPMs797758+5.1%3,0822,965+3.9%ASMs924905+2.1%3,6373,557+2.2%LF86.3%83.8%+2.5 pts84.7%83.4%+1.3 pts        Other*RPMs520530-1.9%2,6812,616+2.5%ASMs644660-2.4%3,2863,259+0.8%LF80.7%80.3%+0.4 pts81.6%80.3%+1.3 pts* Includes Australia, the Caribbean, Mexico, Central America and South AmericaAir Canada is Canada's largest domestic and international airline serving more than 180 destinations on five continents.  Canada's flag carrier is the 15th largest commercial airline in the world and in 2011 served more than 33 million customers.  Air Canada provides scheduled passenger service directly to 60 Canadian cities, 57 destinations in the United States and 63 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South America.  Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,290 destinations in 189 countries. In 2011, Air Canada was ranked Best International Airline in North America in a worldwide survey of more than 18 million airline passengers conducted by independent research firm Skytrax.For further information: Isabelle Arthur (Montréal)  514 422-5788 Peter Fitzpatrick (Toronto)  416 263-5576 Angela Mah (Vancouver)  604 270-5741 Internet :  aircanada.com