Air Canada Reports Unconsolidated September Traffic

Air Canada`s traffic for September 1999 was 2,266 million revenue passenger miles (RPMs) compared to 1,218 million RPMs for the same period in 1998. Total available seat miles (ASMs) for the month were 3,078 million compared to 1,632 million in September of last year. Year-over-year comparisons are affected by the impact of a two week labour disruption which took place in September 1998.

The network passenger load factor for September 1999 was 73.6 per cent, compared with 74.6 per cent in September 1998. Delayed travel by customers and a highly positive response to pricing initiatives undertaken following the labour disruption explain the higher load factor last year.

According to Lise Fournel, Senior Vice President, Commercial, “adjusting for the estimated impact of the 1998 labour disruption indicates an improvement in September load factors over both 1998 and 1997. This is consistent with the trend of recent months of this year.”

System cargo traffic for the month rose 113.9 per cent to 77 million revenue ton miles.