Air Canada Reports Record Load Factors for December and Full Year 2012

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  1. tcook052
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    tcook052 Silver Member

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    http://www.newswire.ca/en/story/109...-load-factors-for-december-and-full-year-2012

    MONTREAL, Jan. 7, 2013 /CNW Telbec/ - For the month of December 2012, Air Canada reported a record system load factor of 82.1 per cent, versus 81.0 per cent in December 2011, an increase of 1.1 percentage points. System traffic increased 3.2 per cent on a system-wide capacity increase of 1.8 per cent. For the full year 2012, load factor was a record 82.7 per cent, versus 81.6 per cent, an increase of 1.1 percentage points. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air Canada purchases capacity.

    "For both the month of December and full year 2012, Air Canada achieved record load factors of 82.1 and 82.7 per cent, respectively," said Calin Rovinescu, President and Chief Executive Officer. "Led by increases in traffic in the U.S. transborder market of 6.6 per cent and in the Atlantic market of 5.1 per cent, Air Canada generated greater traffic for the month of December in all markets the airline serves with system wide growth of 3.2 per cent on a capacity increase of 1.8 per cent through higher utilization of our existing fleet. These strong results, for both the month and full year, underscore the effectiveness of Air Canada's disciplined capacity management and our award winning product. I want to thank our employees for taking care of the more than 33 million customers Air Canada served in 2012 and, above all, transporting them safely to their destination. Their professionalism and efforts in earning our customers' loyalty have been recognized by many industry awards, including the selection of Air Canada by frequent world travelers as the Best International Airline in North America."
     
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