Air Canada Reports September Traffic
MONTREAL, Oct. 9 /CNW/ - Air Canada flew 19.0 per cent more revenue
passenger miles (RPMs) in September 2002 than in September 2001, according to
preliminary traffic figures. Capacity increased by 10.3 per cent, resulting in
a load factor of 74.5 per cent, compared to 69.0 per cent in September 2001;
an increase of 5.5 percentage points.
"Year-over-year comparisons were affected by the events of September 11,
2001, which resulted in a three-day suspension of operations, a significant
decline in passenger demand and a subsequent reduction in capacity. In
comparison to September 2000, traffic declined 2.6 per cent while capacity was
reduced by 4.1 per cent. Air Canada's September 2002 load factor, the second
highest among major North American carriers, rose 1.1 percentage points over
that of September 2000," said Rob Peterson, Executive Vice President and Chief
Financial Officer.
This discussion contains certain forward-looking statements, which
involve a number of risks and uncertainties. As a result of many factors
including acts or potential acts of terrorism, government regulations and
government mandated restrictions on operations and pricing, fuel prices,
industry restructuring, labour negotiations, the economic environment in
general including foreign exchange and interest rates, the airline competitive
and pricing environment, industry capacity decisions and new entrants as well
as external events, actual results could differ from expected results and the
differences could be material.
<<
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AIR CANADA MAINLINE
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SEPTEMBER YEAR-TO-DATE
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2002 2001 Change 2002 2001 Change
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Traffic
(RPMs millions) 3,845 3,230 +19.0% 33,816 32,847 +3.0%
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Capacity
(ASMs millions) 5,163 4,679 +10.3% 44,144 44,448 -0.7%
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Load Factor 74.5% 69.0% +5.5 pts 76.6% 73.9% +2.7 pts
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RPMs 1,168 975 +19.8% 10,409 10,232 +1.7%
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Canada ASMs 1,621 1,427 +13.6% 13,935 13,665 +2.0%
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Load Factor 72.1% 68.3% +3.8 pts 74.7% 74.9% -0.2 pts
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RPMs 540 441 +22.4% 5,915 6,127 -3.5%
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U.S.
Trans
-border ASMs 879 792 +11.0% 8,909 9,117 -2.3%
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Load Factor 61.4% 55.7% +5.7 pts 66.4% 67.2% -0.8 pts
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RPMs 1,227 1,078 +13.8% 9,288 8,991 +3.3%
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Atlantic ASMs 1,505 1,372 +9.7% 11,143 11,423 -2.5%
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Load Factor 81.5% 78.6% +2.9 pts 83.4% 78.7% +4.7 pts
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RPMs 751 584 +28.6% 6,151 5,779 +6.4%
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Pacific ASMs 936 863 +8.5% 7,389 7,814 -5.4%
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Load Factor 80.2% 67.7% +12.5 pts 83.2% 74.0% +9.2 pts
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RPMs 159 152 +4.6% 2,053 1,718 +19.5%
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Other &
Charter ASMs 222 225 -1.3% 2,768 2,429 +14.0%
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Load Factor 71.6% 67.6% +4.0 pts 74.2% 70.7% +3.5 pts
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>>
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Roj (Roger James)
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