Air Canada reports March traffic
MONTREAL, April 3 /CNW Telbec/ - For the month of March, system traffic on a consolidated basis for Air Canada and Jazz rose 3.7 per cent on a capacity increase of 3.9 per cent system wide. This resulted in a load factor of 82.9 per cent versus 83.0 per cent in March 2007. The mainline carrier flew 3.6 per cent more revenue passenger miles (RPMs) in March 2008 than in March 2007, according to preliminary traffic figures. Capacity increased by 3.9 per cent, resulting in a load factor of 83.5 per cent, compared to 83.7 per cent in March 2007; a decrease of 0.2 percentage points. Jazz, from which Air Canada purchases regional capacity, flew 4.8 per cent more RPMs in March 2008 than in March 2007, according to preliminary traffic figures. Capacity increased by 4.1 per cent, resulting in a load factor of 76.5 per cent, compared to 76.0 per cent in March 2007; an increase of 0.5 percentage points. "For the month of March, Air Canada reported continued growth in traffic with an increase of 3.7 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 and international markets where we continue to see strong demand. With the delivery of our twelfth Boeing 777 aircraft, and another six planned for delivery by April 2009, we continue to renew our fleet by replacing older aircraft with the most modern, fuel efficient aircraft available. I am particularly proud of our employees who worked so hard to take care of customers during another month of challenging winter conditions." 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) ------------------------------------------------------------------------- MARCH YEAR-TO-DATE ------------------------------------------------------- 2008 2007 Change 2008 2007 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,092 3,948 +3.6% 11,286 10,836 +4.2% ------------------------------------------------------------------------- Capacity (ASMs millions) 4,898 4,716 +3.9% 13,996 13,407 +4.4% ------------------------------------------------------------------------- Load Factor 83.5% 83.7% -0.2 pts 80.6% 80.8% -0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,025 1,010 +1.5% 2,908 2,809 +3.5% --------------------------------------------------------------- Canada ASMs 1,236 1,198 +3.2% 3,564 3,416 +4.3% --------------------------------------------------------------- Load Factor 82.9% 84.3% -1.4 pts 81.6% 82.2% -0.6 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 769 777 -1.0% 2,149 2,156 -0.3% U.S. --------------------------------------------------------------- Trans- ASMs 942 952 -1.1% 2,722 2,776 -1.9% border --------------------------------------------------------------- Load Factor 81.6% 81.6% 0.0 pts 78.9% 77.7% +1.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 971 938 +3.5% 2,502 2,431 +2.9% --------------------------------------------------------------- Atlantic ASMs 1,119 1,081 +3.5% 3,169 2,974 +6.6% --------------------------------------------------------------- Load Factor 86.8% 86.8% 0.0 pts 79.0% 81.7% -2.7 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 705 696 +1.3% 1,935 1,920 +0.8% --------------------------------------------------------------- Pacific ASMs 839 806 +4.1% 2,349 2,305 +1.9% --------------------------------------------------------------- Load Factor 84.0% 86.4% -2.4 pts 82.4% 83.3% -0.9 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 622 527 +18.0% 1,792 1,520 +17.9% Latin --------------------------------------------------------------- America ASMs 762 679 +12.2% 2,192 1,936 +13.2% & Other --------------------------------------------------------------- Load Factor 81.6% 77.6% +4.0 pts 81.8% 78.5% +3.3 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- AIR CANADA'S REGIONAL CAPACITY PROVIDER (JAZZ) ------------------------------------------------------------------------- MARCH YEAR-TO-DATE ------------------------------------------------------- 2008 2007 Change 2008 2007 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 372 355 +4.8% 1,045 978 +6.9% ------------------------------------------------------------------------- Capacity (ASMs millions) 486 467 +4.1% 1,411 1,328 +6.3% ------------------------------------------------------------------------- Load Factor 76.5 76.0% +0.5 pts 74.1 73.6% +0.5 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 280 257 +8.9% 796 721 +10.4% --------------------------------------------------------------- Canada ASMs 356 330 +7.9% 1,034 944 +9.5% --------------------------------------------------------------- Load Factor 78.7% 77.9% +0.8 pts 77.0% 76.4% +0.6 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 92 98 -6.1% 249 257 -3.1% U.S. --------------------------------------------------------------- Trans- ASMs 130 137 -5.1% 377 384 -1.8% border --------------------------------------------------------------- Load Factor 70.8% 71.5% -0.7 pts 66.0% 66.9% -0.9 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- COMBINED (AIR CANADA MAINLINE AND JAZZ) ------------------------------------------------------------------------- MARCH YEAR-TO-DATE ------------------------------------------------------- 2008 2007 Change 2008 2007 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,464 4,303 +3.7% 12,331 11,814 +4.4% ------------------------------------------------------------------------- Capacity (ASMs millions) 5,384 5,183 +3.9% 15,407 14,735 +4.6% ------------------------------------------------------------------------- Load Factor 82.9% 83.0% -0.1 pts 80.0% 80.2% -0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,305 1,267 +3.0% 3,704 3,530 +4.9% --------------------------------------------------------------- Canada ASMs 1,592 1,528 +4.2% 4,598 4,360 +5.5% --------------------------------------------------------------- Load Factor 82.0% 82.9% -0.9 pts 80.6% 81.0% -0.4 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 861 875 -1.6% 2,398 2,413 -0.6% U.S. --------------------------------------------------------------- Trans- ASMs 1,072 1,089 -1.6% 3,099 3,160 -1.9% border --------------------------------------------------------------- Load Factor 80.3% 80.3% 0.0 pts 77.4% 76.4% +1.0 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 2,298 2,161 +6.3% 6,229 5,871 +6.1% --------------------------------------------------------------- Inter- ASMs 2,720 2,566 +6.0% 7,710 7,215 +6.9% national --------------------------------------------------------------- Load Factor 84.5% 84.2% +0.3 pts 80.8% 81.4% -0.6 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