Chorus Aviation Inc. (ticker: CHR_A.TO, exchange: Toronto Stock Exchange (.TO))
News Release -
5-Oct-2006
Air Canada reports September trafficMainline passenger load factor of 79.7%MONTREAL, Oct. 5, 2006 (Canada NewsWire via COMTEX News Network) -- Air Canada reported a system load factor
of 79.7 per cent in September 2006. The mainline carrier flew 0.4 per cent
fewer revenue passenger miles (RPMs) in September 2006 than in September 2005,
according to preliminary traffic figures. Overall, capacity increased by
0.5 per cent, resulting in a load factor of 79.7 per cent, compared to
80.4 per cent in September 2005; a decrease of 0.7 percentage points.
Jazz, ACE's regional subsidiary, flew 45.5 per cent more revenue
passenger miles in September 2006 than in September 2005, according to
preliminary traffic figures. Capacity increased by 40 per cent, resulting in a
load factor of 71.6 per cent, compared to 69 per cent in September 2005; an
increase of 2.6 percentage points.
System traffic, on a combined basis for Air Canada and ACE's regional
carrier, Jazz, rose 2 per cent on a capacity increase of 3 per cent, resulting
in a load factor of 79 per cent. North American traffic, on a combined basis,
rose 6.2 per cent.
"In September, Air Canada and Jazz together reported continued growth in
traffic resulting in a combined passenger load factor of 79 per cent," said
Montie Brewer, President and Chief Executive Officer. "Year-to-date traffic
continues to outpace the increase in capacity resulting from the addition of
15 new small jets in the combined Air Canada and Jazz fleets during the year.
I am proud that Air Canada's employees achieved customer service objectives
for the month and I thank them for their hard work."
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)
-------------------------------------------------------------------------
SEPTEMBER YEAR-TO-DATE
-------------------------------------------------------
2006 2005 Change 2006 2005 Change
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Traffic (RPMs
millions) 3,996 4,014 -0.4% 34,931 34,375 +1.6%
-------------------------------------------------------------------------
Capacity (ASMs
millions) 5,016 4,992 +0.5% 42,710 42,478 +0.5%
-------------------------------------------------------------------------
Load Factor 79.7% 80.4% -0.7 pts 81.8% 80.9% +0.9 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 1,123 1,174 -4.3% 9,678 10,134 -4.5%
---------------------------------------------------------------
Canada ASMs 1,407 1,450 -3.0% 12,062 12,492 -3.4%
---------------------------------------------------------------
Load
Factor 79.8% 81.0% -1.2 pts 80.2% 81.1% -0.9 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 551 488 +12.9% 5,715 5,128 +11.4%
U.S. ---------------------------------------------------------------
Transb- ASMs 724 633 +14.4% 7,164 6,692 +7.1%
order ---------------------------------------------------------------
Load
Factor 76.1% 77.1% -1.0 pts 79.8% 76.6% +3.2 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 1,259 1,325 -5.0% 9,575 9,362 +2.3%
---------------------------------------------------------------
Atlantic ASMs 1,496 1,578 -5.2% 11,280 11,111 +1.5%
---------------------------------------------------------------
Load
Factor 84.2% 84.0% +0.2 pts 84.9% 84.3% +0.6 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 796 773 +3.0% 6,630 6,514 +1.8%
---------------------------------------------------------------
Pacific ASMs 1,029 993 +3.6% 7,986 8,015 -0.4%
---------------------------------------------------------------
Load
Factor 77.4% 77.8% -0.4 pts 83.0% 81.3% +1.7 pts
-------------------------------------------------------------------------
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RPMs 267 254 +5.1% 3,333 3,237 +3.0%
Latin ---------------------------------------------------------------
America ASMs 360 338 +6.5% 4,218 4,168 +1.2%
& Other ---------------------------------------------------------------
Load
Factor 74.2% 75.1% -0.9 pts 79.0% 77.7% +1.3 pts
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ACE AVIATION HOLDINGS INC. REGIONAL
(Jazz)
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SEPTEMBER YEAR-TO-DATE
------------------------------------------------------
2006 2005 Change 2006 2005 Change
-------------------------------------------------------------------------
Traffic (RPMs
millions) 336 231 +45.5% 2,837 1,730 +64.0%
-------------------------------------------------------------------------
Capacity (ASMs
millions) 469 335 +40.0% 3,927 2,420 +62.3%
-------------------------------------------------------------------------
Load Factor 71.6% 69.0% +2.6 pts 72.2% 71.5% +0.7 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 254 185 +37.3% 2,117 1,323 +60.0%
---------------------------------------------------------------
Canada ASMs 338 254 +33.1% 2,853 1,782 +60.1%
---------------------------------------------------------------
Load
Factor 75.1% 72.8% +2.3 pts 74.2% 74.2% 0 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 82 46 +78.3% 720 407 +76.9%
U.S. ---------------------------------------------------------------
Transb- ASMs 131 81 +61.7% 1,074 638 +68.3%
order ---------------------------------------------------------------
Load
Factor 62.6% 56.8% +5.8 pts 67.0% 63.8% +3.2 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
COMBINED
(AIR CANADA MAINLINE AND JAZZ)
-------------------------------------------------------------------------
SEPTEMBER YEAR-TO-DATE
------------------------------------------------------
2006 2005 Change 2006 2005 Change
-------------------------------------------------------------------------
Traffic (RPMs
millions) 4,332 4,245 +2.0% 37,768 36,105 +4.6%
-------------------------------------------------------------------------
Capacity (ASMs
millions) 5,485 5,327 +3.0% 46,637 44,898 +3.9%
-------------------------------------------------------------------------
Load Factor 79.0% 79.7% -0.7pts 81.0% 80.4% +0.6 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 1,377 1,359 +1.3% 11,795 11,457 +3.0%
---------------------------------------------------------------
Canada ASMs 1,745 1,704 +2.4% 14,915 14,274 +4.5%
---------------------------------------------------------------
Load
Factor 78.9% 79.8% -0.9 pts 79.1% 80.3% -1.2 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 633 534 +18.5% 6,435 5,535 +16.3%
U.S. ---------------------------------------------------------------
Transb- ASMs 855 714 +19.7% 8,238 7,330 +12.4%
order ---------------------------------------------------------------
Load
Factor 74.0% 74.8% -0.8 pts 78.1% 75.5% +2.6 pts
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RPMs 2,322 2,352 -1.3% 19,538 19,113 +2.2%
Interna- ---------------------------------------------------------------
tional ASMs 2,885 2,909 -0.8% 23,484 23,294 +0.8%
---------------------------------------------------------------
Load
Factor 80.5% 80.9% -0.4 pts 83.2% 82.1% +1.1 pts
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>>
SOURCE: AIR CANADA
SOURCE: AIR CANADA - CORPORATE - FINANCIAL
SOURCE: AIR CANADA JAZZ
|
Chorus Aviation Inc.
