Air Canada Reports February Traffic
MONTREAL, March 11 /CNW Telbec/ - Air Canada mainline flew 7.9 per cent
fewer revenue passenger miles (RPMs) in February 2003 than in February 2002,
according to preliminary traffic figures. Capacity decreased by 4.1 per cent,
resulting in a load factor of 73.7 per cent, compared to 76.8 per cent in
February 2002; a decrease of 3.1 percentage points.
Jazz, Air Canada's regional airline subsidiary, flew 9.5 per cent greater
revenue passenger miles (RPMs) in February 2003 than in February 2002,
according to preliminary traffic figures. Capacity decreased by 2.0 per cent,
resulting in a load factor of 63.2 per cent, compared to 56.6 per cent in
February 2002; an increase of 6.6 percentage points.
"The North American markets for February again saw much higher
competitive capacity, particularly from low cost carriers. We reduced our
domestic capacity significantly, primarily on high frequency routes, limiting
the decline in load factor at the mainline. At Jazz, our regional airline, the
domestic load factor rose 7.3 percentage points," said Rob Peterson, Executive
Vice President and Chief Financial Officer.
"Our international markets, very robust for close to a year, were
negatively impacted this month by depressed demand reflecting the threat of
war," 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.
<<
________________________________________________________________________
AIR CANADA MAINLINE (Includes Tango, Zip & Jetz)
_________________________________________________________________________
FEBRUARY YEAR-TO-DATE
_________________________________________________________________________
2003 2002 Change 2003 2002 Change
_________________________________________________________________________
Traffic (RPMs
millions) 2,822 3,063 -7.9% 5,996 6,304 -4.9%
_________________________________________________________________________
Capacity (ASMs
millions) 3,827 3,989 -4.1% 8,334 8,425 -1.1%
_________________________________________________________________________
Load Factor 73.7% 76.8% -3.1pts 71.9% 74.8% -2.9pts
_________________________________________________________________________
_________________________________________________________________________
Canada RPMs 819 922 -11.2% 1,691 1,918 -11.8%
_________________________________________________________________________
ASMs 1,089 1,179 -7.6% 2,381 2,517 -5.4%
_________________________________________________________________________
Load Factor 75.2% 78.2% -3.0pts 71.0% 76.2% -5.2pts
_________________________________________________________________________
_________________________________________________________________________
U.S.
Trans-
border RPMs 676 682 -0.9% 1,391 1,391 +0.0%
_________________________________________________________________________
ASMs 971 987 -1.6% 2,085 2,077 +0.4%
_________________________________________________________________________
Load Factor 69.6% 69.1% +0.5pts 66.7% 67.0% -0.3pts
_________________________________________________________________________
_________________________________________________________________________
Atlantic RPMs 634 682 -7.0% 1,354 1,396 -3.0%
_________________________________________________________________________
ASMs 838 853 -1.8% 1,820 1,807 +0.7%
_________________________________________________________________________
Load Factor 75.7% 80.0% -4.3pts 74.4% 77.3% -2.9pts
_________________________________________________________________________
_________________________________________________________________________
Pacific RPMs 399 489 -18.4% 927 1,016 -8.8%
_________________________________________________________________________
ASMs 543 589 -7.8% 1,223 1,242 -1.5%
_________________________________________________________________________
Load Factor 73.5% 83.0% -9.5pts 75.8% 81.8% -6.0pts
_________________________________________________________________________
_________________________________________________________________________
Other &
Charter RPMs 294 288 +2.1% 633 583 +8.6%
_________________________________________________________________________
ASMs 386 381 +1.3% 825 782 +5.5%
_________________________________________________________________________
Load Factor 76.2% 75.6% +0.6pts 76.7% 74.6% +2.1pts
_________________________________________________________________________
_________________________________________________________________________
AIR CANADA REGIONAL (Jazz)
_________________________________________________________________________
FEBRUARY YEAR-TO-DATE
_________________________________________________________________________
2003 2002 Change 2003 2002 Change
_________________________________________________________________________
Traffic (RPMs
millions) 127 116 +9.5% 249 228 +9.2%
_________________________________________________________________________
Capacity (ASMs
millions) 201 205 -2.0% 428 426 +0.5%
_________________________________________________________________________
Load Factor 63.2% 56.6% +6.6pts 58.2% 53.5% +4.7pts
_________________________________________________________________________
***************************************************
The owner of Roger's Trinbago Site/TnTisland.com
Roj (Roger James)
escape email mailto:ejames@xxxxxxxxx
Trinbago site: www.tntisland.com
Carib Brass Ctn site www.tntisland.com/caribbeanbrassconnection/
Steel Expressions www.mts.net/~ejames/se/
Site of the Week: http://www.tha.gov.tt/
TnT Webdirectory: http://search.co.tt
*********************************************************