Friday, October 4, 2013

Air Canada - AC.b.t

Air Canada - AC.b.t is the flag carrier and largest airline of Canada. The airline, founded in 1936, provides scheduled and charter air transport for passengers and cargo to 178 destinations worldwide.

It is the world's ninth-largest passenger airline by number of destinations. Air Canada had passenger revenues of $10.2 billion in 2011.

On September 30, 2013 the company released News

"Air Canada Reports September Load Factor and Updates Guidance

Third quarter load factor of 86.2% near all-time high
Third quarter adjusted net income and EBITDAR (excluding the impact of benefit plan amendments in 2012) forecasted to be above last year's

MONTREAL, Oct. 3, 2013 /CNW Telbec/ - For the month of September, Air Canada reported a system load factor of 83.2 per cent, versus 84.9 per cent in September 2012, and a system load factor for the third quarter of 86.2 per cent, versus a record of 86.3 per cent for the quarter last year. System traffic for September increased 1.9 per cent on a system-wide capacity increase of 3.9 per cent. Air Canada reports traffic results on a system-wide basis, including Air Canada rouge, which began operations on July 1, 2013, and regional airlines from which Air Canada purchases capacity.”.