MONTREAL, Oct. 5 /CNW Telbec/ - For the month of September, Air Canada reported a record system load factor of 82.2 per cent on a consolidated basis with Jazz (from which Air Canada purchases regional capacity), versus 79.7 per cent in September 2009, an increase of 2.5 percentage points. System traffic increased 11.7 per cent on a system wide capacity increase of 8.4 per cent.
"I am very pleased to report a record load factor of 82.2 per cent for the month of September, on a consolidated basis with Jazz," said Calin Rovinescu, President and Chief Executive Officer. "These record load factor results are attributable to our commitment to deliver an award-winning product and to an increased utilization of our existing fleet as we pursue strategic opportunities in international markets. Led by over 21 per cent traffic growth in the Pacific, we recorded an increase in traffic in all markets - our tenth consecutive month of year-over-year traffic increases - for a system wide traffic increase of 11.7 per cent. I want to thank all our employees, throughout the company, for delivering on our service commitment to customers and meeting once again our Customer Satisfaction Objectives for the month."
CAUTION REGARDING FORWARD-LOOKING INFORMATION
Air Canada's public communications may include 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, environmental factors (including weather systems and other natural phenomena, such as volcanic eruptions, and factors arising from man-made sources), 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.
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CONSOLIDATED
(AIR CANADA MAINLINE AND JAZZ)
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SEPTEMBER Q3
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2010 2009 Change 2010 2009 Change
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Traffic
(RPMs mln) 4,657 4,168 +11.7% 15,530 14,153 +9.7%
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Capacity
(ASMs mln) 5,667 5,227 +8.4% 18,329 16,946 +8.2%
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Load Factor 82.2% 79.7% +2.5 pts 84.7% 83.5% +1.2 pts
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RPMs 1,386 1,337 +3.7% 4,773 4,695 +1.7%
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Canada ASMs 1,740 1,712 +1.6% 5,825 5,781 +0.8%
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LF 79.7% 78.1% +1.6 pts 81.9% 81.2% +0.7 pts
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RPMs 566 516 +9.7% 1,997 1,770 +12.8%
US ---------------------------------------------------------------
Trans- ASMs 807 731 +10.4% 2,613 2,307 +13.3%
border ---------------------------------------------------------------
LF 70.1% 70.6% -0.5 pts 76.4% 76.7% -0.3 pts
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RPMs 1,483 1,295 +14.5% 4,807 4,281 +12.3%
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Atlantic ASMs 1,699 1,505 +12.9% 5,424 4,829 +12.3%
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LF 87.3% 86.0% +1.3 pts 88.6% 88.7% -0.1 pts
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RPMs 853 702 +21.5% 2,679 2,288 +17.1%
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Pacific ASMs 963 861 +11.8% 2,961 2,670 +10.9%
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LF 88.6% 81.5% +7.1 pts 90.5% 85.7% +4.8 pts
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RPMs 369 318 +16.0% 1,274 1,119 +13.9%
Latin ---------------------------------------------------------------
Amer ASMs 458 418 +9.6% 1,506 1,359 +10.8%
& Other ---------------------------------------------------------------
LF 80.6% 76.1% +4.5 pts 84.6% 82.3% +2.3 pts
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YEAR-TO-DATE
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2010 2009 Change
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Traffic
(RPMs mln) 40,119 36,999 +8.4%
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Capacity
(ASMs mln) 48,578 45,503 +6.8%
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Load Factor 82.6% 81.3% +1.3 pts
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RPMs 12,203 11,984 +1.8%
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Canada ASMs 15,114 14,970 +1.0%
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LF 80.7% 80.1% +0.6 pts
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RPMs 5,998 5,527 +8.5%
US ---------------------------------------------------------------
Trans- ASMs 7,853 7,302 +7.5%
border ---------------------------------------------------------------
LF 76.4% 75.7% +0.7 pts
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RPMs 10,521 9,763 +7.8%
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Atlantic ASMs 12,395 11,528 +7.5%
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LF 84.9% 84.7% +0.2 pts
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RPMs 6,936 5,680 +22.1%
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Pacific ASMs 7,759 6,635 +16.9%
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LF 89.4% 85.6% +3.8 pts
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RPMs 4,461 4,045 +10.3%
Latin ---------------------------------------------------------------
Amer ASMs 5,457 5,068 +7.7%
& Other ---------------------------------------------------------------
LF 81.7% 79.8% +1.9 pts
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%SEDAR: 00001324EF
For further information: Isabelle Arthur (Montréal), 514 422-5788; Peter Fitzpatrick (Toronto), 416 263-5576; Angela Mah (Vancouver), 604 270-5741; Internet: aircanada.com
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