Air Canada reports June traffic; Traffic grows at Canada's largest airline
MONTREAL, July 7 /CNW Telbec/ - For the month of June, system traffic on a consolidated basis for Air Canada and Jazz rose 1.9 per cent on a capacity increase of 2.7 per cent system wide. This resulted in a load factor of 82.2 per cent versus 82.8 per cent in June 2007. The mainline carrier flew 2.8 per cent more revenue passenger miles (RPMs) in June 2008 than in June 2007, according to preliminary traffic figures. Capacity increased by 3.3 per cent, resulting in a load factor of 83.1 per cent for the month compared to 83.4 per cent in June 2007; a decrease of 0.3 percentage points. Jazz, from which Air Canada purchases regional capacity, flew 7.9 per cent fewer RPMs in June 2008 than in June 2007, according to preliminary traffic figures. Capacity decreased by 3.6 per cent, resulting in a load factor of 73.2 per cent, compared to 76.6 per cent in June 2007; a decrease of 3.4 percentage points. "For the month of June, Air Canada reported continued growth in traffic with an increase of 1.9 per cent on a combined basis with Jazz," said Montie Brewer, President and Chief Executive Officer. "Our sustained growth year over year was led by the domestic Canada and international markets where we continue to see strong demand. I am especially proud of our employees who once again exceeded On-Time Performance objectives for the month as they work hard to earn the loyalty of our customers as we enter the peak summer travel season." CAUTION REGARDING FORWARD-LOOKING INFORMATION This disclosure may include forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are based on assumptions, are subject to important risks and uncertainties and cannot be relied upon due to, amongst other things, changing external factors and general uncertainties of the business. Results indicated in forward-looking statements may differ materially from actual results due to a number of factors, including without limitation, energy prices, general industry, market and economic conditions, currency exchange and interest rates, competition, war, terrorist acts, epidemic diseases, insurance issues and costs, changes in demand due to the seasonal nature of the business, the ability to reduce operating costs, employee and labour relations, pension issues, supply issues, changes in laws, regulatory developments or proceedings, pending and future litigation and actions by third parties, as well as the factors (including assumptions) identified in Air Canada's public disclosure file and accessible through SEDAR at www.sedar.com. Any forward-looking statements contained in this disclosure represent Air Canada's expectations as of the date of this disclosure and are subject to change after such date. Air Canada disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.------------------------------------------------------------------------- AIR CANADA MAINLINE (Includes Jetz & Tier 3) ------------------------------------------------------------------------- JUNE YEAR-TO-DATE -------------------------------------------------------- 2008 2007 Change 2008 2007 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,234 4,118 +2.8% 23,119 22,319 +3.6% ------------------------------------------------------------------------- Capacity (ASMs millions) 5,097 4,935 +3.3% 28,144 27,165 +3.6% ------------------------------------------------------------------------- Load Factor 83.1% 83.4% -0.3 pts 82.1% 82.2% -0.1 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,261 1,197 +5.3% 6,396 6,131 +4.3% ---------------------------------------------------------------- Canada ASMs 1,571 1,486 +5.7% 7,803 7,458 +4.6% ---------------------------------------------------------------- Load Factor 80.3% 80.6% -0.3 pts 82.0% 82.2% -0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 492 566 -13.1% 3,736 3,926 -4.8% U.S. ---------------------------------------------------------------- Trans- ASMs 636 700 -9.1% 4,714 4,970 -5.2% border ---------------------------------------------------------------- Load Factor 77.4% 80.9% -3.5 pts 79.3% 79.0% +0.3 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,275 1,302 -2.1% 5,856 5,763 +1.6% ---------------------------------------------------------------- Atlantic ASMs 1,459 1,497 -2.5% 7,012 6,789 +3.3% ---------------------------------------------------------------- Load Factor 87.4% 87.0% +0.4 pts 83.5% 84.9% -1.4 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 823 749 +9.9% 4,133 4,043 +2.2% ---------------------------------------------------------------- Pacific ASMs 952 863 +10.3% 4,898 4,792 +2.2% ---------------------------------------------------------------- Load Factor 86.4% 86.8% -0.4 pts 84.4% 84.4% +0.0 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 383 304 +26.0% 2,998 2,456 +22.1% Latin ---------------------------------------------------------------- America ASMs 479 389 +23.1% 3,717 3,156 +17.8% & Other ---------------------------------------------------------------- Load Factor 80.0% 78.1% +1.9 pts 80.7% 77.8% +2.9 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- AIR CANADA'S REGIONAL CAPACITY PROVIDER (JAZZ) ------------------------------------------------------------------------- JUNE YEAR-TO-DATE -------------------------------------------------------- 2008 2007 Change 2008 2007 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 349 379 -7.9% 2,089 2,076 +0.6% ------------------------------------------------------------------------- Capacity (ASMs millions) 477 495 -3.6% 2,832 2,791 +1.5% ------------------------------------------------------------------------- Load Factor 73.2% 76.6% -3.4 pts 73.8% 74.4% -0.6 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 248 288 -13.9% 1,548 1,550 -0.1% ---------------------------------------------------------------- Canada ASMs 325 365 -11.0% 2,018 2,015 +0.1% ---------------------------------------------------------------- Load Factor 76.3% 78.9% -2.6 pts 76.7% 76.9% -0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 101 91 +11.0% 541 526 +2.9% U.S. ---------------------------------------------------------------- Trans- ASMs 152 130 +16.9% 814 776 +4.9% border ---------------------------------------------------------------- Load Factor 66.4% 70.0% -3.6 pts 66.5% 67.8% -1.3 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- COMBINED (AIR CANADA MAINLINE AND JAZZ) ------------------------------------------------------------------------- JUNE YEAR-TO-DATE -------------------------------------------------------- 2008 2007 Change 2008 2007 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,583 4,497 +1.9% 25,208 24,395 +3.3% ------------------------------------------------------------------------- Capacity (ASMs millions) 5,574 5,430 +2.7% 30,976 29,956 +3.4% ------------------------------------------------------------------------- Load Factor 82.2% 82.8% -0.6 pts 81.4% 81.4% 0.0 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,509 1,485 +1.6% 7,944 7,681 +3.4% ---------------------------------------------------------------- Canada ASMs 1,896 1,851 +2.4% 9,821 9,473 +3.7% ---------------------------------------------------------------- Load Factor 79.6% 80.2% -0.6 pts 80.9% 81.1% -0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 593 657 -9.7% 4,277 4,452 -3.9% U.S. ---------------------------------------------------------------- Trans- ASMs 788 830 -5.1% 5,528 5,746 -3.8% border ---------------------------------------------------------------- Load Factor 75.3% 79.2% -3.9 pts 77.4% 77.5% -0.1 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 2,481 2,355 +5.4% 12,987 12,262 +5.9% ---------------------------------------------------------------- Interna- ASMs 2,890 2,749 +5.1% 15,627 14,737 +6.0% tional ---------------------------------------------------------------- Load Factor 85.8% 85.7% +0.1 pts 83.1% 83.2% -0.1 pts -------------------------------------------------------------------------%SEDAR: 00001324EF
For further information:
For further information: Isabelle Arthur (Montréal), (514) 422-5788; Peter Fitzpatrick (Toronto), (416) 263-5576; Angela Mah (Vancouver), (604) 270-5741; Internet: aircanada.com