Air Canada Reports October Traffic
MONTREAL, Nov. 11 /CNW/ - Air Canada flew 17.4 per cent more revenue
passenger miles (RPMs) in October 2002 than in October 2001, according to
preliminary traffic figures. Capacity increased by 8.1 per cent, resulting in
a load factor of 74.4 per cent, compared to 68.5 per cent in October 2001; an
increase of 5.9 percentage points.
"Year-over-year comparisons were affected by the events of September 11,
2001, which resulted in a significant subsequent decline in passenger demand.
In comparison to October 2000, traffic declined 3.6 per cent while capacity
was reduced by 10 per cent. Air Canada's October 2002 load factor of 74.4 per
cent, the second highest among major North American carriers, rose 4.9
percentage points over that of October 2000. This solid load factor
performance reflects disciplined capacity management as well as particularly
strong Asian markets", 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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OCTOBER YEAR-TO-DATE
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2002 2001 Change 2002 2001 Change
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Traffic
(RPMs millions) 3,501 2,982 +17.4% 37,317 35,830 +4.2%
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Capacity
(ASMs millions) 4,704 4,351 +8.1% 48,848 48,799 +0.1%
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Load Factor 74.4% 68.5% +5.9 pts 76.4% 73.4% +3.0 pts
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RPMs 1,124 1,004 +12.0% 11,533 11,236 +2.6%
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Canada ASMs 1,526 1,338 +14.1% 15,461 15,003 +3.1%
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Load Factor 73.7% 75.0% -1.3 pts 74.6% 74.9% -0.3 pts
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RPMs 559 510 +9.6% 6,474 6,637 -2.5%
U.S. _______________________________________________________________
Trans- ASMs 890 851 +4.6% 9,798 9,968 -1.7%
border _______________________________________________________________
Load Factor 62.8% 59.9% +2.9 pts 66.1% 66.6% -0.5 pts
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RPMs 927 817 +13.5% 10,215 9,808 +4.1%
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Atlantic ASMs 1,171 1,153 +1.6% 12,315 12,576 -2.1%
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Load Factor 79.2% 70.9% +8.3 pts 82.9% 78.0% +4.9 pts
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RPMs 739 503 +46.9% 6,890 6,282 +9.7%
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Pacific ASMs 893 774 +15.4% 8,282 8,588 -3.6%
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Load Factor 82.8% 65.0% +17.8 pts 83.2% 73.1% +10.1 pts
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RPMs 152 148 +2.7% 2,205 1,867 +18.1%
Other & _______________________________________________________________
Charter ASMs 224 235 -4.7% 2,992 2,664 +12.3%
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Load Factor 67.9% 63.0% +4.9 pts 73.7% 70.1% +3.6 pts
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The owner of Roger's Trinbago Site:
Roj (Roger James)
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