Air Canada Reports December Traffic

Air Canada mainline flew 0.2 per cent
more revenue passenger miles (RPMs) in December 2003 than in December 2002,
according to preliminary traffic figures. Overall, capacity decreased by
2.6 percent, resulting in a load factor of 72.0 per cent, compared to
70.0 per cent in December 2002; an increase of 2.0 percentage points.
Jazz, Air Canada`s regional airline subsidiary, flew 2.4 per cent more
revenue passenger miles in December 2003 than in December 2002, according to
preliminary traffic figures. Capacity decreased by 4.0 per cent, resulting in
a load factor of 59.4 per cent, compared to 55.8 per cent in December 2002; an
increase of 3.6 percentage points.
“At a system level, December traffic moved into positive territory after
12 months of decline reflecting a strong Pacific and much higher demand for
Caribbean, Mexican and South American destinations. Key factors in the Pacific
growth included the new service to Delhi, a reinstatement on December 1st of a
second daily flight to Hong Kong (from Toronto) and a stronger China market,”
said Rob Peterson, Executive Vice President and Chief Financial Officer.
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