Chorus Aviation Inc. (ticker: CHR_A.TO, exchange: Toronto Stock Exchange (.TO))
News Release -
7-Feb-2006
Air Canada reports twenty second consecutive month of record system load factors for January on 2.2 % capacity growthSystem passenger load factor at 78.1% - highest ever for January
MONTREAL, Feb. 7 /CNW Telbec/ - Air Canada reported a system load factor
of 78.1 per cent in January 2006. The mainline carrier flew 2.7 per cent more
revenue passenger miles (RPMs) in January 2006 than in January 2005, according
to preliminary traffic figures. Overall, capacity increased by 2.2 per cent,
resulting in a load factor of 78.1 per cent, compared to 77.7 per cent in
January 2005; an increase of 0.4 percentage points.
Jazz, ACE's regional subsidiary, flew 79.9 per cent more revenue
passenger miles in January 2006 than in January 2005, according to preliminary
traffic figures. Capacity increased by 81.9 per cent, resulting in a load
factor of 66.2 per cent, compared to 67.0 per cent in January 2005; a decrease
of 0.8 percentage points.
North American traffic, on a combined basis for Air Canada and ACE's
regional carrier, Jazz, rose 7.7 per cent.
"Air Canada achieved two record-breaking performances in January. Our
employees delivered the best on time performance on record for the month along
with the highest load factor of any January in our history," said Montie
Brewer, President and Chief Executive Officer. "The airline's overall
performance remained strong, particularly in North America with Air Canada and
Air Canada Jazz together reporting a 7.7 per cent increase in traffic over the
same month last year even as we added capacity with the delivery of new
aircraft to the combined fleet. I'm proud of Air Canada's employees
particularly in view of the strong operational performance achieved while
handling record volumes. Customers are showing an ongoing preference for the
Air Canada product and our employees are working hard to earn their loyalty."
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.
<<
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AIR CANADA MAINLINE (Includes Jetz)
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JANUARY YEAR-TO-DATE
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2006 2005 Change 2006 2005 Change
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Traffic
(RPMs
millions) 3,500 3,408 +2.7% 3,500 3,408 +2.7%
Capacity
(ASMs
millions) 4,483 4,386 +2.2% 4,483 4,386 +2.2%
Load Factor 78.1% 77.7% +0.4pts 78.1% 77.7% +0.4 pts
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RPMs 874 913 -4.3% 874 913 -4.3%
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Canada ASMs 1,151 1,202 -4.2% 1,151 1,202 -4.2%
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Load
Factor 75.9% 76.0% -0.1 pts 75.9% 76.0% -0.1 pts
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RPMs 661 609 +8.5% 661 609 +8.5%
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U.S. ASMs 860 837 +2.7% 860 837 +2.7%
Trans- ----------------------------------------------------------------
border Load
Factor 76.9% 72.8% +4.1 pts 76.9% 72.8% +4.1 pts
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RPMs 775 696 +11.4% 775 696 +11.4%
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Atlantic ASMs 982 868 +13.1% 982 868 +13.1%
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Load
Factor 78.9% 80.2% -1.3 pts 78.9% 80.2% -1.3 pts
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RPMs 657 642 +2.3% 657 642 +2.3%
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Pacific ASMs 796 769 +3.5% 796 769 +3.5%
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Load
Factor 82.5% 83.5% -1.0 pts 82.5% 83.5% -1.0 pts
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RPMs 533 548 -2.7% 533 548 -2.7%
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Latin ASMs 694 710 -2.3% 694 710 -2.3%
America ----------------------------------------------------------------
& Other Load
Factor 76.8% 77.2% -0.4 pts 76.8% 77.2% -0.4 pts
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ACE AVIATION HOLDINGS INC. REGIONAL (Jazz)
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JANUARY YEAR-TO-DATE
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2006 2005 Change 2006 2005 Change
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Traffic
(RPMs
millions) 259 144 +79.9% 259 144 +79.9%
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Capacity
(ASMs
millions) 391 215 +81.9% 391 215 +81.9%
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Load Factor 66.2% 67.0% -0.8 pts 66.2% 67.0% -0.8 pts
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%SEDAR: 00020954EF
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Chorus Aviation Inc.
