Air Canada Reports January Traffic
MONTREAL, Feb. 11 /CNW Telbec/ - Air Canada mainline flew 2.1 per cent
fewer revenue passenger miles (RPMs) in January 2003 than in January 2002,
according to preliminary traffic figures. Capacity increased by 1.6 per cent,
resulting in a load factor of 70.4 per cent, compared to 73.0 per cent in
January 2002; a decrease of 2.6 percentage points.
Jazz, Air Canada's regional airline subsidiary, flew 9.9 per cent greater
revenue passenger miles (RPMs) in January 2003 than in January 2002, according
to preliminary traffic figures. Capacity increased by 2.7 per cent, resulting
in a load factor of 53.7 per cent, compared to 50.2 per cent in January 2002;
an increase of 3.5 percentage points.
"Our North American traffic results continued to be negatively impacted
by increased capacity from low-fare domestic carriers, U.S. regional airlines
and from hubs of mainline U.S. carriers", said Rob Peterson, Executive Vice
President and Chief Financial Officer.
"While U.S. transborder traffic rose 0.8 per cent at the mainline, the
schedule for January also reflected increased transborder flying by our
regional carrier, Jazz. On a combined basis, U.S. transborder traffic
increased 2.1 per cent on an improved eastern Seaboard and Florida performance
partially offset by the suspension of service from Vancouver to Boston and
Washington, and a softer California market. Traffic on the China and Japan
services continued to expand rapidly and offset the impact of the suspension
of our Vancouver-Taipei route," said Mr. Peterson.
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 (Includes Tango, Zip & Jetz)
_________________________________________________________________________
JANUARY YEAR-TO-DATE
_________________________________________________________________________
2003 2002 Change 2003 2002 Change
_________________________________________________________________________
Traffic (RPMs
millions) 3,174 3,241 -2.1% 3,174 3,241 -2.1%
_________________________________________________________________________
Capacity (ASMs
millions) 4,506 4,437 +1.6% 4,506 4,437 +1.6%
_________________________________________________________________________
Load Factor 70.4% 73.0% -2.6pts 70.4% 73.0% -2.6pts
_________________________________________________________________________
_________________________________________________________________________
Canada RPMs 870 996 -12.7% 870 996 -12.7%
_________________________________________________________________________
ASMs 1,292 1,337 -3.4% 1,292 1,337 -3.4%
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Load Factor 67.3% 74.5% -7.2pts 67.3% 74.5% -7.2pts
_________________________________________________________________________
_________________________________________________________________________
U.S.
Trans-
border RPMs 715 709 +0.8% 715 709 +0.8%
_________________________________________________________________________
ASMs 1,114 1,090 +2.2% 1,114 1,090 +2.2%
_________________________________________________________________________
Load Factor 64.2% 65.0% -0.8pts 64.2% 65.0% -0.8pts
_________________________________________________________________________
_________________________________________________________________________
Atlantic RPMs 720 713 +1.0% 720 713 +1.0%
_________________________________________________________________________
ASMs 982 955 +2.8% 982 955 +2.8%
_________________________________________________________________________
Load Factor 73.3% 74.7% -1.4pts 73.3% 74.7% -1.4pts
_________________________________________________________________________
_________________________________________________________________________
Pacific RPMs 528 528 0.0% 528 528 0.0%
_________________________________________________________________________
ASMs 680 654 +4.0% 680 654 +4.0%
_________________________________________________________________________
Load Factor 77.6% 80.7% -3.1pts 77.6% 80.7% -3.1pts
_________________________________________________________________________
_________________________________________________________________________
Other &
Charter RPMs 341 295 +15.6% 341 295 +15.6%
_________________________________________________________________________
ASMs 438 401 +9.2% 438 401 +9.2%
_________________________________________________________________________
Load Factor 77.9% 73.6% +4.3pts 77.9% 73.6% +4.3pts
_________________________________________________________________________
_________________________________________________________________________
AIR CANADA REGIONAL (Jazz)
_________________________________________________________________________
JANUARY YEAR-TO-DATE
_________________________________________________________________________
2003 2002 Change 2003 2002 Change
_________________________________________________________________________
Traffic (RPMs
millions) 122 111 +9.9% 122 111 +9.9%
_________________________________________________________________________
Capacity (ASMs
millions) 227 221 +2.7% 227 221 +2.8%
_________________________________________________________________________
Load Factor 53.7% 50.2% +3.5pts 53.7% 50.2% +3.5pts
_________________________________________________________________________
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