EX-99.1 2 ex991.htm NEWS RELEASE DATED JULY 7, 2005 News Release dated July 7, 2005
Exhibit 99.1
 
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News Release
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AIR CANADA REPORTS FIFTEENTH CONSECUTIVE MONTH OF RECORD LOAD FACTORS FOR JUNE

 
•
Domestic passenger load factor at 81.2% - highest ever for June
 
•
System passenger load factor at 81.3% - highest ever for June

MONTRÉAL, July 7, 2005 - Air Canada reported a system load factor of 81.3 per cent in June 2005, the highest ever for June. The mainline carrier flew 7.3 per cent more revenue passenger miles (RPMs) in June 2005 than in June 2004, according to preliminary traffic figures. Overall, capacity increased by 4.7 per cent, resulting in a load factor of 81.3 per cent, compared to 79.4 per cent in June 2004; an increase of 1.9 percentage points. In the domestic market, capacity increased by 1.3 per cent and traffic increased by 5.2 per cent resulting in a domestic load factor of 81.2 per cent - a 3.1 percentage point increase year over year.

Jazz, Air Canada’s regional airline subsidiary, flew 37.2 per cent more revenue passenger miles in June 2005 than in June 2004, according to preliminary traffic figures. Capacity increased by 23.9 per cent, resulting in a load factor of 75.1 per cent, compared to 67.8 per cent in June 2004; an increase of 7.3 percentage points.

North American traffic, on a combined basis for Air Canada and its regional carrier, Jazz, rose 10.1 per cent.

"In June the airline again achieved record load factors for the 15th consecutive month, a clear confirmation of growing customer preference for the Air Canada product over and above the market’s continuing recovery,” said Montie Brewer, President and Chief Executive Officer. "Our North American traffic performance was particularly strong with Air Canada and Air Canada Jazz together reporting a 10 percentage point increase over last year’s record for the month. This further confirms that Air Canada has become the carrier of choice for consumers seeking the lowest fares to the greatest number of destinations on an everyday basis.

“Our employees are winning over more and more customers who recently ranked Air Canada the Best Airline in North America in an independent international survey of over 12 million air travelers. I am incredibly proud that once again in June they ensured a strong operational performance under challenging conditions."

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)
 
June
Year-To-Date
2005
2004
Change
2005
2004
Change
Traffic (RPMs millions)
3,996
3,725
+7.3%
21,145
20,031
+5.6%
Capacity (ASMs millions)
4,914
4,692
+4.7%
26,571
26,311
+1.0%
Load Factor
81.3%
79.4%
+1.9 pts
79.6%
76.1%
+3.5 pts
             
Canada
RPMs
1,245
1,183
+5.2%
6,166
5,971
+3.3%
ASMs
1,533
1,514
+1.3%
7,737
7,892
-2.0%
Load Factor
81.2%
78.1%
+3.1 pts
79.7%
75.7%
+4.0 pts
 
 
 
 
 
 
 
 
U.S. Transborder
RPMs
502
443
+13.3%
3,480
3,370
+3.3%
ASMs
664
662
+0.3%
4,648
4,979
-6.6%
Load Factor
75.6%
66.9%
+8.7 pts
74.9%
67.7%
+7.2 pts
 
 
 
 
 
 
 
 
Atlantic
RPMs
1,218
1,130
+7.8%
5,137
4,851
+5.9%
ASMs
1,423
1,338
+6.4%
6,153
5,969
+3.1%
Load Factor
85.6%
84.5%
+1.1 pts
83.5%
81.3%
+2.2 pts
 
 
 
 
 
 
 
 
Pacific
RPMs
777
755
+2.9%
4,013
3,802
+5.5%
ASMs
951
887
+7.2%
4,954
4,745
+4.4%
Load Factor
81.7%
85.1%
-3.4 pts
81.0%
80.1%
+0.9 pts
 
 
 
 
 
 
 
 
Latin America
& Other
RPMs
254
214
+18.7%
2,349
2,037
+15.3%
ASMs
343
291
+17.9%
3,079
2,726
+12.9%
Load Factor
74.1%
73.5%
+0.6 pts
76.3%
74.7%
+1.6 pts
 
 
AIR CANADA REGIONAL (Jazz)
 
June
Year-To-Date
 
2005
2004
Change
2005
2004
Change
Traffic (RPMs millions)
214
156
+37.2%
1,006
820
+22.7%
Capacity (ASMs millions)
285
230
+23.9%
1,406
1,343
+4.7%
Load Factor
75.1%
67.8%
+7.3 pts
71.6%
61.1%
+10.5 pts
 
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Contact:  Isabelle Arthur (Montréal) (514) 422-5788
Laura Cooke (Toronto)   (416) 263-5576
Angela Mah (Vancouver)  (604) 270-5741
         
Internet: 
 aircanada.com
 
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