Air Canada Reports November Traffic
MONTREAL, Dec. 10 /CNW Telbec/ - Air Canada flew 0.5 per cent more
revenue passenger miles (RPMs) in November 2002 than in November 2001,
according to preliminary traffic figures. Capacity increased by 1.6 per cent,
resulting in a load factor of 67.1 per cent, compared to 67.8 per cent in
November 2001; a decrease of 0.7 percentage points.
In comparison to November 2000, revenue passenger miles declined 7.9 per
cent while capacity was reduced by 14.9 per cent. Load factor improved
5.1 percentage points.
"The traffic results for November 2001 were significantly elevated by the
return of customers who had postponed travel from September 11th through
October. In addition, the high traffic levels of last year, particularly
within Canada, reflected the cessation of operations by Canada 3000 in early
November 2001," said Rob Peterson, Executive Vice President and Chief
Financial Officer.
"Domestic traffic levels for November of this year were affected by the
large capacity increase, especially on the transcon, mounted by our domestic
competitors. Transborder traffic was stable and a 4.4 per cent cut in capacity
pushed up our load factor 2.7 percentage points. Transatlantic demand,
particularly on the United Kingdom route, continues to be strong while traffic
on our Pacific services turned in an exceptional performance. Traffic to and
from Japan close to doubled from November of last year."
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.
<<
_________________________________________________________________________
AIR CANADA MAINLINE
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NOVEMBER YEAR-TO-DATE
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2002 2001 Change 2002 2001 Change
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Traffic
(RPMs millions) 2,690 2,676 +0,5% 40,008 38,506 +3.9%
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Capacity
(ASMs millions) 4,007 3,945 +1.6% 52,856 52,744 +0.2%
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Load Factor 67.1% 67.8% -0.7 pts 75.7% 73.0% +2.7 pts
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RPMs 841 916 -8.2% 12,375 12,153 +1.8%
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Canada ASMs 1,303 1,259 +3.5% 16,765 16,262 +3.1%
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Load Factor 64.5% 72.8% -8.3 pts 73.8% 74.7% -0.9 pts
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RPMs 575 574 +0.2% 7,048 7,211 -2.3%
U.S. _______________________________________________________________
Trans- ASMs 939 982 -4.4% 10,737 10,950 -1.9%
border _______________________________________________________________
Load Factor 61.2% 58.5% +2.7 pts 65.6% 65.9% -0.3 pts
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RPMs 620 593 +4.6% 10,835 10,401 +4.2%
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Atlantic ASMs 890 812 +9.6% 13,205 13,388 -1.4%
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Load Factor 69.7% 73.0% -3.3 pts 82.1% 77.7% +4.4 pts
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RPMs 478 411 +16.3% 7,368 6,693 +10.1%
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Pacific ASMs 609 625 -2.6% 8,892 9,213 -3.5%
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Load Factor 78.5% 65.8% +12.7 pts 82.9% 72.6% +10.3 pts
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RPMs 176 182 -3.3% 2,382 2,048 +16.3%
Other & _______________________________________________________________
Charter ASMs 266 267 -0.4% 3,257 2,931 +11.2%
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Load Factor 66.2% 68.2% -2.0 pts 73.1% 69.9% +3.2 pts
_________________________________________________________________________
_________________________________________________________________________
>>
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