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Old July 28th, 2006, 12:51 AM   #501
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From: http://www.theglobeandmail.com/servl...ional/Ontario/
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Port Authority threatens to ban Jazz from airport
OLIVER MOORE
The Toronto Port Authority is threatening to ban Air Canada discount carrier Jazz from the island airport, asserting that a new deal must be reached.

"We are concerned that Jazz is apparently selling tickets," reads a statement from Port Authority CEO Lisa Raitt. "We have repeatedly told you that we will not permit Jazz to operate to or from the TCCA until you have entered into a contract with us."

Jazz spokeswoman Debra Williams said that flights would go ahead as scheduled, possibly starting Aug. 28.
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Old July 28th, 2006, 05:49 AM   #502
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So that new start-up airline (forget the name) is allowed to fly in YTZ, but Jazz is not.....
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Old July 29th, 2006, 11:25 AM   #503
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Porter Airlines is the name of the new airline. Jazz isn't because a new deal for landing rights hasn't been reached.
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Old July 30th, 2006, 03:12 AM   #504
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Ahh...thanks
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Old July 30th, 2006, 03:59 AM   #505
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Air Canada is one of the worst airlines in the world
and I am ashamed that it is our national airline

look at other national carriers, they have excellent service, reputation and comfort
all AC has is a reputation with nothing to back it up
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Old July 30th, 2006, 09:00 AM   #506
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Does anyone know what rating Skytrax has given Air Canada?
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Old July 30th, 2006, 11:12 AM   #507
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I must admit the last couple of times I flew Air Canada (internationally), I was impressed. I was expecting poor service, but was pleaseantly surprised.
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Old August 3rd, 2006, 12:29 AM   #508
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Sri Lankans who triggered bomb scare on Air Canada flight plead guilty to using altered passports
31 July 2006

ROCHESTER, N.Y. (AP) - Two Sri Lankans who triggered a bomb scare aboard a commuter plane pleaded guilty Monday to using altered passports during an attempt to obtain political asylum in Canada.

Nayeem Sukkoor, 33, and Mercy Antony, 39, were trying to board an Air Canada flight to Toronto on July 19 when officials at Rochester's airport became suspicious about their travel documents. While being questioned, Sukkoor apparently made a confusing remark about explosives in his luggage.

The plane, which had taken off with 11 passengers, was diverted back here as a precaution when it was learned that one of their bags was aboard, officials said. No explosives were found.

Sukkoor's comment was later attributed to a language problem. The pair were trying to flee their volatile homeland and did not pose a threat to the public, authorities said.

U.S. District Judge Charles Siragusa sentenced Sukkoor and Antony to the amount of time they have already served, a penalty that federal prosecutors deemed appropriate. But the pair remained in custody pending immigration hearings in Buffalo, N.Y., on whether they should be deported or granted asylum in the United States.

They were prevented from boarding the flight when officials learned the Canadian passports they were using had been reported as either lost or stolen in 2004. The passports had been altered with their photographs.

In court papers, a federal agent said Sukkoor and Antony told of leaving Sri Lanka six months ago in an attempt to travel to Canada to seek political asylum. Their journey took them to Malaysia, South Africa, Brazil, Chile, Easter Island, Tahiti and finally to Los Angeles, where they caught a bus to Rochester.

They are members of Sri Lanka's ethnic Tamil minority.

A recent surge of violence in Sri Lanka's northeast corner is threatening to re-ignite a civil war in the island nation after a four-year truce. Rebel forces want to create a separate homeland for Tamils, saying they face discrimination from the majority Sinhalese.
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Old August 3rd, 2006, 06:30 PM   #509
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WestJet profit surges despite sky-high fuel costs
By Jeffrey Jones

CALGARY, Alberta, Aug 2 (Reuters) - WestJet Airlines Ltd.'s second-quarter profit surged almost tenfold as a jump in passenger numbers and higher fares more than made up for sky-high fuel costs, Canada's No. 2 airline said on Wednesday.

WestJet, which has been adding capacity and frequency despite a 32 percent jump in oil prices, should enjoy rising profit margins for the rest of the year along with higher demand for air travel, Chief Executive Clive Beddoe said.

Last year, results were pressured by the holdover effect of cheap tickets sold before the financial failure of undercutting no-frills rival Jetsgo. Now, the bulk of the domestic market is served by WestJet and the restructured Air Canada.

"We are seeing continued improvement in yields. It's a slow and steady improvement and I think it's the appropriate way to deal with these costs," Beddoe told analysts and reporters.

"I think that the market has not been 'de-stimulated' by the higher fares and I think that's by virtue of the fact that fares have increased sort of steadily and marginally."

Jet fuel makes up 27 percent of the company's operating expenses, and fuel costs rose 16.5 percent in the quarter as world oil prices clung to record highs.

WestJet kept operating costs in check with its move to more fuel-efficient Boeing 737-600, -700 and -800 series jets from older models, the last of which was retired in January, he said.

In the quarter, WestJet, which operates discount flights to 33 North American cities, earned C$22.4 million ($19.8 million), or 17 Canadian cents a share, up from a year-earlier C$2.3 million, or 2 Canadian cents a share.

That beat an average estimate of 13 Canadian cents a share among analysts surveyed by Reuters Estimates.

Profit was reduced by the company's C$15.6 million settlement in May to end a long-running lawsuit filed by Air Canada over allegations that WestJet employees surreptitiously gained access to their rival's confidential operating data.

However, corporate tax cuts added C$11.2 million to earnings, WestJet said.

Revenue rose by nearly a third to C$425 million from C$327 million.

WestJet shares were off 20 Canadian cents at C$10.30 on the Toronto Stock Exchange on Wednesday, a drop of about 15 percent since the start of the year. Shares in ACE Aviation Holdings , Air Canada's parent, are down about 25 percent on the year.

Beddoe's optimistic outlook for yields in the rest of 2006 counters a more uncertain view among some analysts.

The company posted a small, half-percentage-point improvement in second-quarter yield, or the amount of money the airline clears on each seat it sells.

"It was a relatively weak number, especially given the fact that in the second quarter of last year the pricing environment was still somewhat negatively affected by Jetsgo," said Versant Partners analyst Cameron Doerksen.

In the quarter, the airline boosted overall capacity by 18.5 percent.

Beddoe said he expects demand for air travel will stay strong, allowing the airline to withstand the high fuel costs and build its business in Canada and the United States.

($1=$1.13 Canadian)
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Old August 7th, 2006, 07:06 AM   #510
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Air Canada reports July traffic
System passenger load factor at 83.6 per cent, matching July 2005 record


MONTREAL, Aug. 3 /CNW Telbec/ - Air Canada reported a system load factor
of 83.6 per cent in July 2006. The mainline carrier flew 0.8 per cent more revenue passenger miles (RPMs) in July 2006 than in July 2005, according to
preliminary traffic figures. Overall, capacity increased by 0.8 per cent, resulting in a load factor of 83.6 per cent, the same as in July 2005. Jazz, ACE's regional subsidiary, flew 49.2 per cent more revenue passenger miles in July 2006 than in July 2005, according to preliminary traffic figures. Capacity increased by 51.1 per cent, resulting in a load factor of 72.8 per cent, compared to 73.7 per cent in July 2005; a decrease of 0.9 percentage points.

System traffic, on a combined basis for Air Canada and ACE's regional carrier, Jazz, rose 3.3 per cent on a capacity increase of 3.7 per cent, resulting in a load factor of 82.7 per cent. North American traffic, on a combined basis, rose 6.5 per cent.

"In July, Air Canada mainline had an 83.6 per cent load factor, tying the record of July 2005. All market segments performed well, led by the Pacific with our expanding China service," said Montie Brewer, President and Chief Executive Officer. "The fact we are still operating at record levels demonstrates that we are managing capacity in line with demand, something we will continue to do as we move through the second half of 2006. At the same time, we will stay focused on performing well operationally and delivering superior customer service. I thank our employees for their ongoing hard work in delivering record load factors".

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.

Data : http://micro.newswire.ca/release.cgi...3213-0&Start=0
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Old August 11th, 2006, 12:49 AM   #511
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Jazz Air profit jumps with capacity, cost control

CALGARY, Alberta, Aug 10 (Reuters) - Second-quarter profit at Jazz Air LP, Air Canada's regional carrier, jumped more than 50 percent due to a big jump in capacity and tight cost control, its publicly traded income trust said on Thursday.

Jazz Air Income Fund , which went public early this year in a big restructuring of the country's dominant carrier, said the regional airline earned C$36 million ($32 million), or 29 Canadian cents per trust unit, up from year-earlier C$24 million, or 24 Canadian cents a unit.

Distributable cash, the money trusts use to make payouts to their unit holders, rose 72 percent to C$34 million from C$20 million. Operating revenue was C$340 million, up 47 percent from C$231 million in the second quarter of 2005.

The income fund has a 20.3 percent interest in Jazz Air LP. Air Canada's parent company, ACE Aviation Holdings , owns the remainder.

Another spin-off, Aeroplan Income Fund , which has a minority stake in Air Canada's frequent flyer program, reported a 25 percent increase in profit on Thursday.

ACE Aviation is slated to report its consolidated second-quarter results on Friday, and analysts have predicted a sharp increase based on higher fares, a brisk travel market and gain from the $206 million sale of shares in US Airways Group

Jazz said unit costs fell in all categories except fuel and rent.

The carrier added 44 regional jets to its fleet in late 2005 and the first half of 2006, which lifted aircraft rent costs by $18 million but increased capacity by 67 percent, the fund said.

Fuel costs, which are reimbursed by Air Canada, jumped by C$34 million due to record oil prices.

Air Canada Jazz units rose 3 Canadian cents to C$9.01 on the Toronto Stock Exchange on Thursday. That represents a drop of more than 6 percent since the start of the second quarter.
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Old August 12th, 2006, 05:03 AM   #512
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Air Canada parent plans spinoff as profit jumps

CALGARY, Alberta, Aug 11 (Reuters) - ACE Aviation Holdings Inc. plans to spin off Air Canada, the country's top airline, and jettison its aircraft repair unit to wring more value for investors, it said on Friday as it reported a 40 percent jump in profit.

ACE aims to follow successful initial public offerings of its Aeroplan frequent flyer program and its Jazz Air regional airline by offering a minority stake in its main entity, Air Canada, in an IPO late this year, it said.

That, along with an outright sale of Air Canada Technical Services and the possibility of further offerings of equity in Aeroplan and Jazz, could eventually mean an end to the holding company structure, ACE Chief Executive Robert Milton said.

Investors lauded the plan, driving ACE's A-series shares up C$1.83, or 6.5 percent, to C$29.83 on the Toronto Stock Exchange, their highest level in almost a month. The B-series stock surged C$1.95, or 7 percent, to C$29.85.

Montreal-based ACE became Air Canada's publicly traded parent in October 2004 following the airline's lengthy restructuring under bankruptcy protection.

The current plan is to reduce ACE's capital by up to C$2 billion ($1.8 billion) over an indefinite period. Shareholders are slated to meet and review the arrangement in October.

"We have definitely gotten our heads past the possibility that in time there is no ACE, so there is no preconceived outcome there. We're just trying to drive it to get the best result for the shareholder," Milton told analysts.

The various operating entities can benefit from relationships with each other through operating contracts rather than cross ownership, executives said.

Milton said Aeroplan and Jazz, in which ACE still has majority stakes, had become strong stand-alone firms and Air Canada, the world's 13th largest airline, should also thrive in what looks like a "generally good" industry environment.

ACTS, which maintains, repairs and overhauls aircraft, has generated weaker financial results than its sister units.

Private equity companies as well as other aerospace industry players have shown interest in picking up stakes in the entity, he said.

Desjardins Securities analyst Nadi Tadros pegged values per ACE share of C$8-C$12 for the mainline carrier and C$6-C$7 for ACTS, but in a research note said ACE's conglomerate discount could widen to up to 20 percent from about 10 percent.

Meanwhile, ACE said its jump in second-quarter profit was aided by a big gain from the sale of US Airways shares and higher fares, which offset surging fuel costs.

It earned C$236 million, or C$2.05 a share, up from C$169 million, or C$1.50 a share, a year earlier.

The latest quarter included a pretax gain of C$100 million on the sale of 3.25 million US Airways Group shares. Net income also included a foreign exchange gain of C$107 million.

Operating income was C$181 million, up C$3 million from the second quarter of 2005. Revenue was C$2.7 billion, up 8 percent from C$2.5 billion.

It said system-wide yield improved by 3 percent, despite an increase in fuel costs of C$101 million, or 19 percent, as the airline's capacity rose 3 percent. Most of the capacity increase was on international and Western Canadian routes.

On Thursday, Aeroplan reported a 25 percent increase in net income and Jazz Air said profit jumped more than 50 percent.

($1=$1.13 Canadian)
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Old August 16th, 2006, 11:33 PM   #513
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Air Canada expansion to ME/South Asia

Is Air Canada expanding service to Dubai and onwards to Karachi, Pakistan.

I read on the airwise forums that an agreement has been reached between Canada and UAE to allow Emirates to serve Toronto 3 times a week, AC to serve Dubai 3 times a week.

I am not sure if this is true ? The traffic is defintely there.

Ittihad airways is serving TO/ABUDHABI currently, 3 times a week and are booked solid months in advance. Pakistan International has 3 times a week service from Toronto to Pakistan with the Toronto/Karachi flight being direct (14 hours flight).
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Old August 17th, 2006, 01:00 AM   #514
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Does AC even have the equipment to fly nonstop to Dubai? The A345s are now flying the Hong Kong route and they only have 2 aircraft.
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Old August 17th, 2006, 01:26 AM   #515
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AC should definitely fly to that region of the world - it will show that terror will not stop the expansion of the airlines.
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Old August 17th, 2006, 05:34 PM   #516
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Where did you read about this? I checked the Goverment of Canada website and did not find anything. Can you post the link? Would love to check it out.
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Old August 18th, 2006, 12:32 PM   #517
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Quote:
Originally Posted by Alik01
Is Air Canada expanding service to Dubai and onwards to Karachi, Pakistan.

I read on the airwise forums that an agreement has been reached between Canada and UAE to allow Emirates to serve Toronto 3 times a week, AC to serve Dubai 3 times a week.

I am not sure if this is true ? The traffic is defintely there.

Ittihad airways is serving TO/ABUDHABI currently, 3 times a week and are booked solid months in advance. Pakistan International has 3 times a week service from Toronto to Pakistan with the Toronto/Karachi flight being direct (14 hours flight).
i think its spelt etihad not ittihad... but anyways, air canada should fly to dubai!
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Old August 18th, 2006, 03:31 PM   #518
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Air Canada already has direct, non-stop flights to New Delhi, so this is a possibility
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Old August 18th, 2006, 06:06 PM   #519
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Quote:
Originally Posted by kashyap3
Air Canada already has direct, non-stop flights to New Delhi, so this is a possibility
AC is flying to New Delhi via Zurich using their old 767s. Meanwhile, the Middle Eastern carriers are flying brand new jets with PTVs. I think AC will have some serious competition if they try to fly to the Middle East, and tie up aircraft to do the long flight with a stopover.
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Old August 18th, 2006, 07:28 PM   #520
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Quote:
AC is flying to New Delhi via Zurich using their old 767s. Meanwhile, the Middle Eastern carriers are flying brand new jets with PTVs. I think AC will have some serious competition if they try to fly to the Middle East, and tie up aircraft to do the long flight with a stopover.
Don't forget, AC have bought new planes, which should be delivered in 2007 with new interior. So AC will have a good go at the middle eastern carriers.

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