Air Canada Reports November Load Factor
MONTREAL, Dec. 3, 2014 /CNW Telbec/ - For the month of November, Air Canada reported a system load factor of 77.7 per cent, versus 76.5 per cent in November 2013, representing an increase of 1.2 percentage points on a system-wide capacity increase of 6.9 per cent. On this additional capacity, system wide traffic for November increased 8.7 per cent. Air Canada reports traffic results on a system-wide basis, including Air Canada rougeTM, which began operations on July 1, 2013, and regional airlines from which Air Canada purchases capacity.
"For the month of November, I am pleased to report continued strong traffic growth of 8.7 per cent as well as a 1.2 percentage point increase in load factor over the previous year," said Calin Rovinescu, President and Chief Executive Officer. "Led by increases in traffic on Atlantic and U.S. transborder routes, Air Canada generated greater traffic for the month in all markets. These strong results achieved during a traditionally off-peak travel season demonstrate the on-going effectiveness of our commercial strategy. I would like to thank our employees for their continued focus on taking good care of our customers while transporting them safely to their destinations."
About Air Canada
Air Canada is Canada's largest domestic and international airline serving more than 180 destinations on five continents. Canada's flag carrier is among the 20 largest airlines in the world and in 2013 served more than 35 million customers. Air Canada provides scheduled passenger service directly to 60 Canadian cities, 49 destinations in the United States and 73 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,316 airports in 192 countries. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax that ranked Air Canada in a worldwide survey of more than 18 million airline passengers as Best Airline in North America in 2014 for the fifth consecutive year. For more information, please visit: www.aircanada.com.
SOURCE Air Canada - Corporate - Finance