Air Canada reports June traffic
MONTREAL, July 6 /CNW Telbec/ - For the month of June, Air Canada today reported a load factor of 80.9 per cent on a consolidated basis with Jazz, versus 82.2 per cent in June 2008, a decrease of 1.3 percentage points. System traffic decreased 9.1 per cent on a capacity reduction of 7.6 per cent system wide. Air Canada mainline reported a load factor of 82.2 per cent in June 2009 compared to 83.1 per cent in June 2008; a decrease of 0.9 percentage points. The mainline carrier flew 9.4 per cent fewer revenue passenger miles (RPMs) in June 2009 than in June 2008 on a capacity decrease of 8.5 per cent. Jazz, from which Air Canada purchases regional capacity, reported a load factor of 68.2 per cent, a decrease of 5.0 percentage points from 73.2 per cent in June 2008. Capacity increased by 1.5 per cent from June 2008 and the carrier flew 5.4 per cent fewer RPMs than in the previous June. "For the month of June, Air Canada recorded a load factor of 80.9 per cent on a consolidated basis with Jazz," said Calin Rovinescu, President and Chief Executive Officer. "Our disciplined approach to capacity management continues to produce relatively stable load factors across our network, despite the on-going negative impact of a weak economy on the industry overall. We will continue to ensure assets are efficiently deployed as we pursue new strategic revenue generation opportunities. Over the past weeks, we have introduced a number of non-stop services including Montreal-Geneva, Montreal-Rome, Montreal-Martinique and Calgary-Portland. I commend our employees who exceeded, once again for the fifth consecutive month, both Customer Satisfaction and On-Time Performance objectives for the month, achieving on-time arrivals performance of 85 per cent, a seven percentage point improvement over the same month a year ago." Consistent with the Corporation's financial reporting, traffic results will be reported on a consolidated basis only effective with next month's July traffic results. CAUTION REGARDING FORWARD-LOOKING INFORMATION Air Canada's public communications may include written or oral forward-looking statements within the meaning of applicable securities laws. Forward-looking statements, by their nature, are based on assumptions and are subject to important risks and uncertainties. Any forecasts or forward-looking predictions or statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation, industry, market, credit and economic conditions, the ability to reduce operating costs and secure financing, pension issues, energy prices, currency exchange and interest rates, employee and labour relations, competition, war, terrorist acts, epidemic diseases, insurance issues and costs, changes in demand due to the seasonal nature of the business, supply issues, changes in laws, regulatory developments or proceedings, pending and future litigation and actions by third parties as well as the factors identified throughout Air Canada's public disclosure file available at www.sedar.com. The forward-looking statements contained in this news release represent Air Canada's expectations as of the date of this news release and are subject to change after such date. However, 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 ------------------------------------------------------- 2009 2008 Change 2009 2008 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 3,836 4,234 -9.4% 21,038 23,126 -9.0% ------------------------------------------------------------------------- Capacity (ASMs millions) 4,665 5,097 -8.5% 25,883 28,156 -8.1% ------------------------------------------------------------------------- Load Factor 82.2% 83.1% -0.9 pts 81.3% 82.1% -0.8 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,169 1,261 -7.3% 6,014 6,399 -6.0% ---------------------------------------------------------------- Canada ASMs 1,466 1,571 -6.7% 7,450 7,808 -4.6% ---------------------------------------------------------------- Load Factor 79.7% 80.3% -0.6 pts 80.7% 82.0% -1.3 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 422 492 -14.2% 3,223 3,739 -13.8% U.S. ---------------------------------------------------------------- Trans- ASMs 547 636 -14.0% 4,060 4,721 -14.0% border ---------------------------------------------------------------- Load Factor 77.1% 77.4% -0.3 pts 79.4% 79.2% +0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,265 1,275 -0.8% 5,482 5,856 -6.4% ---------------------------------------------------------------- Atlantic ASMs 1,429 1,459 -2.1% 6,699 7,012 -4.5% ---------------------------------------------------------------- Load Factor 88.5% 87.4% +1.1 pts 81.8% 83.5% -1.7 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 652 823 -20.8% 3,393 4,134 -17.9% ---------------------------------------------------------------- Pacific ASMs 814 952 -14.5% 3,965 4,898 -19.0% ---------------------------------------------------------------- Load Factor 80.1% 86.4% -6.3 pts 85.6% 84.4% +1.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 328 383 -14.4% 2,926 2,998 -2.4% Latin ---------------------------------------------------------------- America ASMs 409 479 -14.6% 3,709 3,717 -0.2% & Other ---------------------------------------------------------------- Load Factor 80.2% 80.0% +0.2 pts 78.9% 80.7% -1.8 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- ------------------------------------------------------------------------- AIR CANADA'S REGIONAL CAPACITY PROVIDER (Jazz) ------------------------------------------------------------------------- June Year-To-Date ------------------------------------------------------- 2009 2008 Change 2009 2008 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 330 349 -5.4% 1,808 2,089 -13.5% ------------------------------------------------------------------------- Capacity (ASMs millions) 484 477 +1.5% 2,674 2,832 -5.6% ------------------------------------------------------------------------- Load Factor 68.2% 73.2% -5.0 pts 67.6% 73.8% -6.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 238 248 -4.0% 1,275 1,548 -17.6% ---------------------------------------------------------------- Canada ASMs 323 325 -0.6% 1,739 2,018 -13.8% ---------------------------------------------------------------- Load Factor 73.7% 76.3% -2.6 pts 73.3% 76.7% -3.4 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 92 101 -8.9% 533 541 -1.5% U.S. ---------------------------------------------------------------- Trans- ASMs 161 152 +5.9% 935 814 +14.9% border ---------------------------------------------------------------- Load Factor 57.1% 66.4% -9.3 pts 57.0% 66.5% -9.5 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- CONSOLIDATED (Air Canada Mainline and Jazz) ------------------------------------------------------------------------- June Year-To-Date ------------------------------------------------------- 2009 2008 Change 2009 2008 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,166 4,583 -9.1% 22,846 25,215 -9.4% ------------------------------------------------------------------------- Capacity (ASMs millions) 5,149 5,574 -7.6% 28,557 30,988 -7.8% ------------------------------------------------------------------------- Load Factor 80.9% 82.2% -1.3 pts 80.0% 81.4% -1.4 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,407 1,509 -6.8% 7,289 7,947 -8.3% ---------------------------------------------------------------- Canada ASMs 1,789 1,896 -5.6% 9,189 9,826 -6.5% ---------------------------------------------------------------- Load Factor 78.6% 79.6% -1.0 pts 79.3% 80.9% -1.6 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 514 593 -13.3% 3,756 4,280 -12.2% U.S. ---------------------------------------------------------------- Trans- ASMs 708 788 -10.2% 4,995 5,535 -9.8% border ---------------------------------------------------------------- Load Factor 72.6% 75.3% -2.7 pts 75.2% 77.3% -2.1 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 2,245 2,481 -9.5% 11,801 12,988 -9.1% Interna- ---------------------------------------------------------------- tional ASMs 2,652 2,890 -8.2% 14,373 15,627 -8.0% ---------------------------------------------------------------- Load Factor 84.7% 85.8% -1.1 pts 82.1% 83.1% -1.0 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; aircanada.com