Air Canada Reports May Traffic

Air Canada flew 0.6 per cent fewer revenue
passenger miles (RPMs) in May 2001 than flown by Air Canada and Canadian
together in the same month of 2000, according to preliminary traffic figures.
Capacity increased by 1.0 per cent, resulting in a load factor of 73.1 per
cent, compared with 74.3 per cent in May 2000.

According to Danielle Poudrette, Vice President Marketing, “Traffic
continues to be affected by weak business demand and intense domestic
competition. Capacity growth for the month included an increase to domestic
transcontinental service to adjust for significant capacity reductions made in
the initial months of the schedule integration last year. Capacity deployments
on international markets have resulted in improved load factors into the U.S.
and Pacific markets.”