ac7e7
Posts: 655
Joined: Mon Oct 25, 2004 7:27 am

Air Canada Sets December Passenger Load Record

Wed Jan 12, 2005 3:17 am

January 10, 2005

Air Canada filled more seats in December than a year earlier, with its passenger load factor setting a record for the month, the country's largest airline said on Monday.

Passenger load factor is a key indicator of an airline's financial performance, measuring the average number of seats sold as a proportion of those available.

Air Canada's system-wide load factor rose to 75.2 percent in December, a record level for the month, from 72 percent a year earlier.

Passenger traffic at Air Canada's mainline carrier rose 1 percent, while capacity fell 3.3 percent.

Air Canada emerged from 18 months of court protection at the end of the third quarter with a pared back network, fleet and work force.

At Jazz, Air Canada's regional subsidiary, passenger traffic rose 6.2 percent, while capacity fell 7.4 percent. Its December load factor rose to 68.2 percent from 59.4 percent in December 2003.

(Reuters)


http://news.airwise.com/story/view/1105386665.html


Great news. Shows the airline is using the right aircraft on the right routes. Keep it up!

-AC7E7
 
JeffLAS
Posts: 126
Joined: Wed Nov 17, 2004 9:13 am

RE: Air Canada Sets December Passenger Load Record

Wed Jan 12, 2005 8:29 am


It will be interesting to see if they made any money $$$.  Big grin
" Jazz A-380, you have 2,100 feet from the intersection......Cleared for Take-off"
 
ac7e7
Posts: 655
Joined: Mon Oct 25, 2004 7:27 am

RE: Air Canada Sets December Passenger Load Record

Wed Jan 12, 2005 10:26 am

Agreed. I doubt they will make money this quarter as it is the slower season, however I believe they will make money for fiscal 2005.
 
ETStar
Posts: 1850
Joined: Mon Jan 12, 2004 6:25 am

RE: Air Canada Sets December Passenger Load Record

Wed Jan 12, 2005 11:49 am

So how much leaner is AC post bankruptcy?
 
CO737800
Posts: 514
Joined: Tue Dec 30, 2003 6:53 am

RE: Air Canada Sets December Passenger Load Record

Wed Jan 12, 2005 2:16 pm

"So how much leaner is AC post bankruptcy?"

To bad they have the same BAD service

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