Air Canada reports June traffic
Record system passenger load factor of 82.8% MONTREAL, July 5 /CNW Telbec/ - Air Canada reported a load factor for the mainline of 83.4 per cent in June 2007, matching last June's record. The mainline carrier flew 1.1 per cent more revenue passenger miles (RPMs) in June 2007 than in June 2006, according to preliminary traffic figures. Capacity increased by 1.1 per cent, resulting in a load factor of 83.4 per cent, matching June 2006's record of 83.4 per cent. Jazz, from which Air Canada purchases regional capacity, flew 13.1 per cent more RPMs in June 2007 than in June 2006, according to preliminary traffic figures. Capacity increased by 9.0 per cent, resulting in a load factor of 76.6 per cent, compared to 73.8 per cent in June 2006; an increase of 2.8 percentage points. Year over year, system traffic on a consolidated basis for Air Canada and Jazz, rose 2.0 per cent on a capacity increase of 1.8 per cent, resulting in a load factor of 82.8 per cent; an increase of 0.2 percentage points, and a record for the month of June. "Air Canada together with Jazz achieved a record system load factor of 82.8 per cent for the month of June. Traffic growth remains strong particularly in the domestic market where traffic was up 6.7 per cent, outpacing capacity growth for an increase in load factor of 3.2 percentage points on a combined basis with Jazz," said Montie Brewer, President and Chief Executive Officer. "Our strong performance system wide reflects consumers' preference for the new Air Canada as we continue to add new and refurbished aircraft in the fleet offering the very best in industry leading amenities. In addition, customers clearly are embracing Air Canada's new revenue model featuring à la carte pricing and multi-trip subscription flight passes. I am proud that Air Canada employees once again achieved customer service objectives for the month and I thank them for their on-going work in earning the loyalty of our customers." NOTE: Beginning in May 2007, Air Canada has adjusted the way it reports its monthly traffic results. Tier 3 flying is now included in mainline results along with Jetz. Charter flying is apportioned among the respective market segments. The June 2006 and year-to-date traffic numbers have been adjusted to reflect these changes for year-over-year comparisons. 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, international conflicts, 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 Jetz & Tier 3) ------------------------------------------------------------------------- JUNE Year-To-Date ------------------------------------------------------ 2007 2006 Change 2007 2006 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,118 4,072 +1.1% 22,318 21,735 +2.7% ------------------------------------------------------------------------- Capacity (ASMs millions) 4,935 4,880 +1.1% 27,165 26,768 +1.5% ------------------------------------------------------------------------- Load Factor 83.4% 83.4% 0.0 pts 82.2% 81.2% +1.0 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,197 1,179 +1.5% 6,131 5,897 +4.0% ---------------------------------------------------------------- Canada ASMs 1,486 1,487 -0.1% 7,458 7,462 -0.1% ---------------------------------------------------------------- Load Factor 80.6% 79.3% +1.3 pts 82.2% 79.0% +3.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 566 564 +0.4% 3,926 3,842 +2.2% U.S. ---------------------------------------------------------------- Trans- ASMs 700 719 -2.6% 4,970 4,828 +2.9% border ---------------------------------------------------------------- Load Factor 80.9% 78.4% +2.5pts 79.0% 79.6% -0.6 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,302 1,273 +2.3% 5,763 5,615 +2.6% ---------------------------------------------------------------- Atlantic ASMs 1,497 1,407 +6.4% 6,789 6,607 +2.8% ---------------------------------------------------------------- Load Factor 87.0% 90.5% -3.5 pts 84.9% 85.0% -0.1 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 749 781 -4.1% 4,043 4,003 +1.0% ---------------------------------------------------------------- Pacific ASMs 863 917 -5.9% 4,792 4,819 -0.6% ---------------------------------------------------------------- Load Factor 86.8% 85.2% +1.6 pts 84.4% 83.1% +1.3 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 304 275 +10.5% 2,455 2,378 +3.2% Latin --------------------------------------------------------------- America ASMs 389 350 +11.1% 3,156 3,052 +3.4% & Other --------------------------------------------------------------- Load Factor 78.1% 78.6% -0.5 pts 77.8% 77.9% -0.1 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- AIR CANADA'S REGIONAL CAPACITY PROVIDER (JAZZ) ------------------------------------------------------------------------- JUNE Year-To-Date ------------------------------------------------------ 2007 2006 Change 2007 2006 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 379 335 +13.1% 2,076 1,753 +18.4% ------------------------------------------------------------------------- Capacity (ASMs millions) 495 454 +9.0% 2,791 2,445 +14.2% ------------------------------------------------------------------------- Load Factor 76.6% 73.8% +2.8 pts 74.4% 71.7% +2.7 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 288 246 +17.1% 1,550 1,305 +18.8% ---------------------------------------------------------------- Canada ASMs 365 328 +11.3% 2,015 1,782 +13.1% ---------------------------------------------------------------- Load Factor 78.9% 75.0% +3.9 pts 76.9% 73.2% +3.7 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 91 89 +2.2% 526 448 +17.4% U.S. ---------------------------------------------------------------- Trans- ASMs 130 126 +3.2% 776 663 +17.0% border ---------------------------------------------------------------- Load Factor 70.0% 70.6% -0.6 pts 67.8% 67.6% +0.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- COMBINED (AIR CANADA MAINLINE AND JAZZ) ------------------------------------------------------------------------- JUNE Year-To-Date ------------------------------------------------------ 2007 2006 Change 2007 2006 Change ------------------------------------------------------------------------- Traffic (RPMs millions) 4,497 4,407 +2.0% 24,394 23,488 +3.9% ------------------------------------------------------------------------- Capacity (ASMs millions) 5,430 5,334 +1.8% 29,956 29,213 +2.5% ------------------------------------------------------------------------- Load Factor 82.8% 82.6% +0.2 pts 81.4% 80.4% +1.0 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 1,485 1,425 +4.2% 7,681 7,202 +6.7% ---------------------------------------------------------------- Canada ASMs 1,851 1,815 +2.0% 9,473 9,244 +2.5% ---------------------------------------------------------------- Load Factor 80.2% 78.5% +1.7 pts 81.1% 77.9% +3.2 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 657 653 +0.6% 4,452 4,290 +3.8% U.S. ---------------------------------------------------------------- Trans- ASMs 830 845 -1.8% 5,746 5,491 +4.6% border ---------------------------------------------------------------- Load Factor 79.2% 77.3% +1.9 pts 77.5% 78.1% -0.6 pts ------------------------------------------------------------------------- ------------------------------------------------------------------------- RPMs 2,355 2,329 +1.1% 12,261 11,996 +2.2% ---------------------------------------------------------------- Interna- ASMs tional Load 2,749 2,674 +2.8% 14,737 14,478 +1.8% ---------------------------------------------------------------- Factor 85.7% 87.1% -1.4 pts 83.2% 82.9% +0.3 pts -------------------------------------------------------------------------%SEDAR: 00024384EF
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For further information: Isabelle Arthur, (Montréal), (514) 422-5788; Peter Fitzpatrick (Toronto), (416) 263-5576; Angela Mah (Vancouver), (604) 270-5741; Denis Biro (Montréal), (514) 422-7837, Director, Investor Relations; Internet: aircanada.com