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Old December 6th, 2006, 08:25 AM   #561
hkskyline
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Air Canada load factor hits new monthly record
5 December 2006
The Globe and Mail

Air Canada's flights had a higher proportion of filled seats last month than in any previous November in history, the air carrier reported Tuesday.

The company said its load factor — a key airline industry measure that looks at passenger traffic as a percentage of total seat capacity — hit 77.2 per cent in the month, up 0.8 percentage point from the previous November best of 76.4 per cent, set last year. It achieved the gains even as seating capacity rose from a year earlier, as increased passenger traffic outpaced the rise in capacity.

“This is the third November in as many years that we have achieved a record load factor for the month, usually our slowest,” said Montie Brewer, president and chief executive of Air Canada, in a news release. “This second consecutive month of record load factors indicates that the issues impacting traffic in the third quarter are now behind us.”

Air Canada flew 2.995 billion revenue passenger miles (RPM) in November, up 4.1 per cent from a year earlier, according to the preliminary monthly traffic numbers released Tuesday. The carrier said its capacity was up 3 per cent to 3.879 billion available seat miles (ASM).

Traffic for the first 11 months of 2006 totalled 41.515 billion RPM, up 1.8 per cent from the same period in 2005. Capacity was up 0.7 per cent, to 51.130 billion ASM. Load factor rose to 81.2 per cent from 80.3 per cent.

Air Canada said that, including its Jazz affiliate, traffic was 3.301 billion RPM in November, up 5.6 per cent from a year earlier. Capacity was up 4.4 per cent, and load factor rose to 76.7 per cent from 75.8 per cent. For the year to date, traffic was up 4.6 per cent, capacity was up 3.8 per cent and load factor rose to 80.4 per cent from 79.8 per cent.

Domestic traffic on Air Canada's main airline rose 6.7 per cent in November while domestic capacity rose 3.5 per cent, resulting in a domestic load factor of 80 per cent, up from 77.6 per cent a year earlier. Including Jazz, domestic traffic was up 7.4 per cent while domestic capacity was up 4.4 per cent, lifting the load factor to 78.7 per cent from 76.5 per cent.

“In November, we reached another milestone when 58 per cent of our domestic bookings were made online, our lowest-cost distribution channel, marking a new all-time high in web-based transactions. This is by far the highest level of penetration achieved by any full service carrier in North America,” Mr. Brewer said.

“Looking forward, revenue and cost performance are on track, aided by strong future bookings and lower fuel prices,” he added.
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Old December 10th, 2006, 10:59 AM   #562
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Air Canada union says has not discussed job cuts
Fri Dec 8, 1:35 PM ET
Reuters`

The Canadian Auto Workers union's' airline division said on Friday that it had not discussed job cuts announced by Air Canada on Thursday.

Canadian media reported on Friday that Joshua Koshy, the airline's chief financial officer, said in an investors' conference call that Air Canada would cut jobs among check-in agents and back-office employees by using new reservations technology. He did not say how many people would be affected.

"We have not had any discussions with Air Canada regarding any additional job cuts to our members," Leslie Dias, president of CAW Local 2002 Airline Division, said in a statement.

Air Canada's stock was down 38 Canadian cents, or 2.2 percent, at C$17.17 by early afternoon the Toronto Stock Exchange.
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Old December 10th, 2006, 06:06 PM   #563
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Someone should edit the Wikipedia entry for Air Canada.. It says AC has ordered 2 A380's which is obviously false.
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Old December 20th, 2006, 08:18 AM   #564
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Air Canada suddenly Pearson fan: Airline expects big benefits from new Toronto terminal
14 December 2006
National Post

Air Canada is trumpeting the gleaming new terminal at Toronto's Pearson International Airport despite a history of criticizing the airport authority's $4.5-billion redevelopment project and the fact it will soon be forced pay even more to land its planes on Pearson's runways.

Montie Brewer, Air Canada's CEO, said in an interview yesterday the soon-to-be-completed Terminal 1, dubbed an unnecessary "Taj Mahal" by critics, will allow the country's largest airline to finally put all of its operations under roof at the airport, paving the way for seamless connections for passengers who want to use Toronto as a North American hub.

Air Canada, which once tried to stop Pearson's redevelopment plans with a lawsuit, will also benefit from a recent decision by Ottawa to allow international travellers bound for the United States to avoid clearing Canadian customs upon arriving at the airport, according to Mr. Brewer.

"This means Toronto, for the first time, will be as competitive a gateway to the U.S. marketplace from Asia and Europe as any airport in the U.S.," he said. "Right now, [U.S.] customers fly to Terminal 2, go through customs, re-claim their bag, re-check their bag, take a long walk and bus ride, go through security again and then proceed to their gate."

He added Air Canada will now start marketing its international flights to Europe and Asia more heavily in the United States.

But Air Canada, a division of ACE Aviation Holdings Inc., and its passengers will have to pay dearly for the added convenience. The Greater Toronto Airports Authority (GTAA) is set to once again raise landing fees at Pearson, solidifying the airport's status as the most expensive place in the world for airlines to land their jets.

Scott Armstrong, a spokesperson for the airport, said yesterday the GTAA's board of directors have approved a 1.45% increase to the airport's landing fees for 2007 -- money that will be used mainly to service the airport authority's ballooning debt. While that's less of a hike than in previous years, it nevertheless comes on the heels of a September decision to raise Pearson's departure tax from to $20 per passenger from $15 -- a decision that Air Canada called "completely unreasonable and is irrefutable proof that the government has to rein in airport authorities."

While Mr. Brewer yesterday acknowledged Air Canada has been a harsh critic of the GTAA's redevelopment plan, he nevertheless stressed that airline's issue is with the new building's extravagances, including a $10-million artwork budget -- not its functionality.

Sam Barone, the president of the Air Transport Association of Canada, said Air Canada's view on Pearson's high costs may be softening since it will be the main beneficiary of the new terminal and its ability to connect domestic, transborder and international traffic. Other air carriers, however, won't be as fortunate.

For its part, the GTAA has argued the airport it inherited from the federal government in the 1990s was falling apart and the improvements were necessary to make Toronto competitive with major U.S. airports. As well, the airport's operator says nearly a third of its landing fees go straight into federal coffers as part of Ottawa's airport rent scheme.
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Old February 8th, 2007, 06:27 AM   #565
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Jazz fund says fourth quarter profit rises 1.2 pct

CALGARY, Alberta, Feb 7 (Reuters) - Jazz Air Income Fund , which owns a stake in Canada's biggest regional airline operator, Air Canada Jazz, said on Wednesday fourth-quarter profit rose 1.2 percent.

The fund said net income rose to C$31.9 million ($27 million) and operating income climbed 3.4 percent to C$32.7 million. It did not provide per-unit figures or comparable data from the year-earlier quarter.

The trust, which distributes most of its free cash to unitholders, said distributable cash totaled C$27.2 million in the quarter.

Jazz owns a 20.3 percent stake in Air Canada Jazz, majority owned by ACE Aviation Holdings Inc. . The fund's net income for 2006 rose 19 percent to C$140 million from C$117.9 million in 2005, a gain the trust attributed to a larger fleet and cost controls.

Annual revenue rose 35 percent to C$1.38 billion. No quarterly revenue figure was provided.

Jazz Air flies to 56 Canadian and 29 U.S. destinations with a fleet of 135 aircraft, providing passengers for Air Canada's mainline routes.
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Old February 10th, 2007, 02:45 PM   #566
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Friday February 9, 8:38 PM
Air Canada posts narrower 4th qtr operating loss

TORONTO (Reuters) - Air Canada reported a narrower operating loss in the fourth quarter on Friday, as the country's biggest airline enjoyed stronger passenger revenues.

Air Canada, which was taken public by parent ACE Aviation Holdings Inc. in November, had an operating loss of C$5 million, compared with a loss of C$91 million a year earlier.

Passenger revenues gained 6 percent to C$2.1 billion, driven by a 5 percent growth in traffic on a capacity growth of 4 percent and a 1 percent yield improvement.

ACE Aviation Holdings Inc. , which holds about 75 percent of Air Canada, said it swung to an operating income of C$73 million in the fourth quarter. That compares with an operating loss of C$34 million in the same period a year earlier.

ACE sold a minority stake in Air Canada as part of a long-term plan to spin off all its operating entities, which also include the Aeroplan frequent flier program, Jazz Air regional carrier and ACTS aircraft maintenance unit.

($1=$1.18 Canadian)
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Old February 15th, 2007, 04:36 AM   #567
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WestJet profit rises on higher loads, lower costs

TORONTO, Feb 14 (Reuters) - WestJet Airlines Ltd. said on Wednesday its fourth-quarter profit rose sharply, as the discount carrier increased passengers loads, expanded its capacity and held a tight rein on expenses.

Canada's second-largest airline earned C$26.7 million $22.9 million), or 21 Canadian cents a share during the quarter, up from C$1 million, or 1 Canadian cent a share, a year-earlier.

Analysts had expected, on average, earnings of 15 Canadian cents a share according to Reuters Estimates.

Revenue rose 25.3 percent to C$459.6 million during the quarter from C$366.8 million.

"To say that I'm pleased -- very pleased -- by these results would be a serious understatement," Chief Executive Clive Beddoe told analysts in a conference call.

The company said load factor for the quarter was 75.5 per cent, compared with 74.7 per cent in 2005. Load factor, or a measure of how full an airline's planes are when they fly, is a key profitability measure for carriers.

"We generated what is currently the top operating margin reported in the North American airline industry, with an 11.2 percent margin," WestJet President Sean Durfy told analysts.

Calgary-based WestJet said that it will continue to modify its schedule to meet the seasonal habits of Canadian travelers , which includes catering to U.S. hotspot destinations such as West Palm Beach, Florida.

"Flying into the U.S. sun destinations at the right times during the year has become a key component to our deployment strategy," Durfy said.

The company's vacations business, launched in September, is also faring well, he added.

"In the fourth quarter, WestJet Vacations celebrated its first week of over C$1 million in gross sales and we're confident that this product will continue to generate significant revenues for WestJet."

While load factors strengthened, the airline also added capacity and controlled costs.

WestJet said its cost per available seat mile fell to 12.5 Canadian cents, compared to 13.3 Canadian cents in the fourth quarter of 2005.

As well, its "ancillary" revenue, which includes sales of headsets for back-of-the-seat TVs on its planes, pay-per-view movies and food sales, rose 67.6 percent to C$74.8 million in 2006.

WestJet shares were up 10 Canadian cents at C$15.70 on the Toronto Stock Exchange at midday.

($1=$1.17 Canadian)
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Old February 18th, 2007, 05:08 AM   #568
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Saturday February 17, 11:29 AM
Air Canada to end daily flights to India

MONTREAL (AFP) - Air Canada has announced plans to discontinue its daily flights to India starting in May, citing insufficient demand for the route.

Canada's leading carrier currently offers one daily flight from Toronto to New Delhi, with a stopover in Zurich, but it has been unable to break even on the route, particularly during the summer.

"Our financial goals were not met because of the seasonal nature of traffic to New Delhi, which did not enable us to maintain profitable occupancy levels throughout the entire year," Air Canada spokesman John Reber told AFP.

"We have tried several times over the past 20 years to make service between Canada and India work, ... but unfortunately we haven't found the right formula yet," he said.

Beginning in May, Air Canada will offer flights to India via a "code-sharing" arrangement with its Star Alliance partners.

An estimated 700,000 people of Indian origin live in Canada, according to the 2001 census.
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Old February 18th, 2007, 05:11 AM   #569
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Air Canada ripped for cutting India trips
Feb 16, 2007 04:30 AM
Prithi Yelaja
Toronto Star Staff Reporter

Air Canada is ending all flights to India so it can boost its service to China, a move called shocking and short-sighted by Indo-Canadian business leaders in Toronto.

With Canadian politicians hyping the need to boost trade and other ties with India – whose red-hot economy is growing at a rate second only to that of China – Air Canada's decision to suspend service to that country is baffling, said Kam Rathee, president of the Canada-India Business Council.

He sent a letter of protest to Air Canada president Montie Brewer urging him to reconsider.

"It's a lousy decision. It hurts in our efforts to promote Canada and Canadian companies in India. It's a huge setback to the Canada-India business momentum, because Air Canada was a very visible symbol of co-operation and business between the two countries. Now it's snapped without notice.".

"India might think we're talking out of both sides of our mouth, which is disheartening. On the one hand, we talk about trade promotion and yet at the same time, our national airline does this. Actions speak louder than words," added Rathee, who has not received a response from Brewer.

Air Canada will discontinue daily service to New Delhi as of May 1, spokesperson Peter Fitzpatrick confirmed.

"The route didn't meet our financial performance objectives. ... Because of the seasonal nature of the Delhi traffic it was difficult to fill the flights on a year-round basis," he said. Demand was high in winter but fell significantly in summer.

Air Canada has redeployed the 767 aircraft servicing India to China, "which is a very lucrative market for us," Fitzpatrick said. "There's a lot of demand there. There's a lot of business that gets conducted with China."

Air Canada will offer five daily non-stops from Toronto to Shanghai and Beijing, up from the current three, starting this summer.

Atul Ahuja, spokesperson for the Indo-Canada Chamber of Commerce, noted that Canada will now be the only G8 nation that does not have a national airline servicing India. Yet provincial governments are actively courting Indian trade and federal trade minister David Emerson is planning a visit next month.

Ahuja and Rathee, along with 150 other Ontario business and academic leaders, were part of Premier Dalton McGuinty's recent trade mission to India and Pakistan.

Air Canada will still service India through its Star Alliance partners, Lufthansa and Swiss, but passengers will need to switch planes in Zurich or Frankfurt before flying on to New Delhi or Mumbai. Other carriers such as Air France, British Airways and Air India also offer alternatives, though none are non-stop.

Meanwhile, privately owned Indian airlines such as Air Sahara and Jet Airways may offer India-Canada flights within two years, Rathee said.
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Old February 18th, 2007, 04:39 PM   #570
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Originally Posted by hkskyline View Post
[size=4][b]Air Canada will offer five daily non-stops from Toronto to Shanghai and Beijing, up from the current three, starting this summer.
Umm... actually, that should be 5 daily non-stops from Canada -- not Toronto... 3 flights daily from Vancouver and 2 from Toronto.
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Old February 19th, 2007, 06:54 PM   #571
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Originally Posted by hkskyline View Post
Air Canada ripped for cutting India trips
Feb 16, 2007 04:30 AM
Prithi Yelaja
Toronto Star Staff Reporter

Air Canada is ending all flights to India so it can boost its service to China, a move called shocking and short-sighted by Indo-Canadian business leaders in Toronto.

With Canadian politicians hyping the need to boost trade and other ties with India – whose red-hot economy is growing at a rate second only to that of China – Air Canada's decision to suspend service to that country is baffling, said Kam Rathee, president of the Canada-India Business Council.

He sent a letter of protest to Air Canada president Montie Brewer urging him to reconsider.

"It's a lousy decision. It hurts in our efforts to promote Canada and Canadian companies in India. It's a huge setback to the Canada-India business momentum, because Air Canada was a very visible symbol of co-operation and business between the two countries. Now it's snapped without notice.".

"India might think we're talking out of both sides of our mouth, which is disheartening. On the one hand, we talk about trade promotion and yet at the same time, our national airline does this. Actions speak louder than words," added Rathee, who has not received a response from Brewer.

Air Canada will discontinue daily service to New Delhi as of May 1, spokesperson Peter Fitzpatrick confirmed.

"The route didn't meet our financial performance objectives. ... Because of the seasonal nature of the Delhi traffic it was difficult to fill the flights on a year-round basis," he said. Demand was high in winter but fell significantly in summer.

Air Canada has redeployed the 767 aircraft servicing India to China, "which is a very lucrative market for us," Fitzpatrick said. "There's a lot of demand there. There's a lot of business that gets conducted with China."

Air Canada will offer five daily non-stops from Toronto to Shanghai and Beijing, up from the current three, starting this summer.

Atul Ahuja, spokesperson for the Indo-Canada Chamber of Commerce, noted that Canada will now be the only G8 nation that does not have a national airline servicing India. Yet provincial governments are actively courting Indian trade and federal trade minister David Emerson is planning a visit next month.

Ahuja and Rathee, along with 150 other Ontario business and academic leaders, were part of Premier Dalton McGuinty's recent trade mission to India and Pakistan.

Air Canada will still service India through its Star Alliance partners, Lufthansa and Swiss, but passengers will need to switch planes in Zurich or Frankfurt before flying on to New Delhi or Mumbai. Other carriers such as Air France, British Airways and Air India also offer alternatives, though none are non-stop.

Meanwhile, privately owned Indian airlines such as Air Sahara and Jet Airways may offer India-Canada flights within two years, Rathee said.
I think this may be one of the worst decisions Air Canada has ever made. I don't know if anyone else caught the radio interview with Air Canada spokesperson Peter Fitzpatrick, but, like most spokespeople, not a single question was properly answered. If anyone out there has a seemingly legitimate reason as to why this flight is being cancelled, I would love to hear it. My theory, and it's only a theory, is that Air Canada has such a lack of decent aircraft that they don't know how to properly manage them and use them to their maximum efficiency. It makes no sense to me that, in the past year, Air India can double its flight to Canada, Jet Airways is expanding service by adding two Delhi flights to Toronto, that Air Canada would feel the need to pull out.

Oh and by the way, Air Canada just sponsored a trade mission to India not more than 3 weeks ago.

Me thinks Air Canada is not speaking the whole truth...
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Old February 19th, 2007, 07:03 PM   #572
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its most likely a lack of aircraft, or possibly AC's cost structure is such that it cant compete against companies like Jet or airindia because of lower labour/capital costs.
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Old February 19th, 2007, 10:39 PM   #573
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its most likely a lack of aircraft, or possibly AC's cost structure is such that it cant compete against companies like Jet or airindia because of lower labour/capital costs.
It's gotta be that because I've been on that AC flight 9 times and I've never seen an empty seat. In fact I was rerouted through Frankfurt once because the flight was oversold.
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Old March 1st, 2007, 03:50 AM   #574
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WestJet to boost fleet to 85 planes by end-2009

OTTAWA, Feb 28 (Reuters) - Discount carrier WestJet Airlines Ltd. said on Wednesday it will increase the size of its fleet to 85 aircraft by the end of 2009, from a current fleet of 64.

The company also said it had finalized a term sheet with Singapore Aircraft Leasing Enterprise for two Boeing Next-Generation 737 aircraft to be delivered in 2009.

Canada's second-biggest airline said it has six aircraft scheduled for delivery during 2007, six in 2008, and nine in 2009.
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Old March 6th, 2007, 06:50 AM   #575
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More detailed release :

WestJet's Fleet Expanding to 85 Aircraft in 2009
FEB 28, 2007 - 08:30 ET

CALGARY, ALBERTA--(CCNMatthews - Feb. 28, 2007) - WestJet (TSX:WJA) today announced that it has finalized a term sheet with Singapore Aircraft Leasing Enterprise (SALE) for two Boeing Next-Generation 737 aircraft to be delivered in 2009. Details of the agreement include one 700-series and one 800-series aircraft scheduled for delivery in November and December 2009.

"As WestJet builds on its partnership with SALE we are thrilled to add two more leased aircraft to our 2009 growth plans," said Sean Durfy, President WestJet. "As demonstrated by our 2006 financial results, our ability to continuously increase capacity, maintain favourable load factors and produce profitable results gives us confidence in our continued momentum as we grow our fleet to 85 aircraft in 2009."

WestJet currently has a registered fleet of 64 aircraft, with six additional aircraft committed for delivery in the remainder of 2007, six scheduled for delivery in 2008 and nine committed for delivery in 2009. By the end of 2009, WestJet will have a registered fleet of 85 aircraft.

WestJet is Canada's leading low-fare airline offering scheduled service throughout its 35-city North American and Caribbean network. Named Canada's most admired corporate culture in 2006, WestJet pioneered low-cost high-value flying in Canada. With increased legroom and leather seats on its modern fleet of Boeing Next-Generation 737 aircraft, and live seatback television provided by Bell ExpressVu on the majority of its fleet, WestJet strives to be the number one choice for travellers.
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Old March 7th, 2007, 10:36 PM   #576
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Air Canada to fly new Boeing 777 aircraft on key Europe, Asia and South Pacific routes; introduces only non-stop service between Canada and Australia

MONTREAL, March 1 /CNW Telbec/ - Air Canada today announced that it will
operate its first new Boeing 777 aircraft on key routes serving Europe, Asia
and the South Pacific. As the airline begins introduction in April 2007 of the
first of eight new 777 aircraft to be delivered in 2007, Air Canada customers
will experience the world's most advanced widebody aircraft on select Air
Canada services: Toronto-London Heathrow (beginning in April),
Toronto-Frankfurt and Toronto-Tokyo (beginning in June), Vancouver-Tokyo
(beginning in July) and Toronto-Hong Kong (beginning in August).
In addition, effective December 14, 2007, Air Canada will introduce daily
non-stop service between Vancouver and Sydney, Australia using its new 777
aircraft. Air Canada thus becomes the only airline offering non-stop service
between Canada and Australia.
"The introduction of 777 service featuring Air Canada's new in-flight
product on these key European, Asian and South Pacific routes places Air
Canada on the forefront of North American carriers offering the highest
quality of long haul service and amenities," said Sean Menke, Executive Vice
President and Chief Commercial Officer. "With the arrival of the 777, we are
thrilled to introduce the only daily, non-stop service between Canada and
Australia, our seventh non-stop destination in the Asia-Pacific region.
"We are equally proud to be the only North American carrier to offer
customers the comfort and privacy of first class lie-flat beds, at a business
class price. The deployment of these highly fuel efficient and
customer-friendly 777 aircraft on select Air Canada services to London,
Frankfurt, Tokyo, Hong Kong and Sydney raises the bar in comfort and
convenience in air travel while leveraging Air Canada's extensive
international and North America route networks via our Toronto and Vancouver
hubs."
Air Canada has timed its new Vancouver-Sydney non-stop service to offer
customers a vast array of time saving connections to and from points
throughout North America and Australia. The carrier's new non-stop routing,
with an elapsed time of approximately 15 hours southbound and 14 hours
northbound, shaves more than three hours off the current one-stop routing via
Honolulu. Air Canada flight AC033 will depart Vancouver at 23:45, arriving in
Sydney 09:50 two days later due to time zone differences. Effective December
16, 2007, AC034 will depart Sydney 11:35, arriving in Vancouver the same day
at 06:40. Air Canada's Star Alliance partner, Air New Zealand, will codeshare
on this service.
With the introduction of non-stop service to Sydney, the carrier has
suspended near-term plans to operate flights to Australia via Los Angeles in
view of the lack of necessary authorizations at this time to operate the
route.
Air Canada's 777-300ER aircraft are configured to provide a choice of
42 Executive First Suites and 307 seats in Economy Class and the new 777-200LR
that will be operated on the Sydney route from February 1, 2008 will be
configured with 42 Executive First Suites and 228 seats in Economy Class.
Customers will enjoy industry-leading in-flight amenities on all 18 of the new
777 aircraft that Air Canada has on order, creating a consistent fleet-wide
in-flight product, in conjunction with the carrier's major refurbishment
program of its existing fleet now underway. In addition, Air Canada has
14 Boeing 787 aircraft on order that will begin delivery in 2010.
Air Canada's new in-flight product features lie-flat beds in its
international Executive First cabin, the only North American airline to offer
the comfort and privacy of lie-flat beds in business class. All customers will
enjoy digital quality personal seatback entertainment systems with 80 hours of
video and 50 hours of audio on demand, as well as standard 110 volt electrical
outlets at arms reach.

Montreal-based Air Canada provides scheduled and charter air
transportation for passengers and cargo to more than 150 destinations on five
continents. Canada's flag carrier is the 14th largest commercial airline in
the world and serves 30 million customers annually with a fleet consisting of
335 aircraft. Air Canada is a founding member of Star Alliance, providing the
world's most comprehensive air transportation network.

http://www.newswire.ca/en/releases/a.../01/c5821.html
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Old March 8th, 2007, 03:37 PM   #577
UD2
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if HongKong is getting the 777s, then where are the A340-500s going?
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Old March 8th, 2007, 04:26 PM   #578
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Probably to some other Asian routes - or possibly a restart of the Delhi route direct.
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Old March 8th, 2007, 05:31 PM   #579
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Quote:
Originally Posted by UD2 View Post
if HongKong is getting the 777s, then where are the A340-500s going?
I believe AC is getting rid of the A345 entirely. India has been wiped off the network. Management decided to use long-haul aircraft to expand to China instead.
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Old March 8th, 2007, 05:36 PM   #580
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if anyones interested, their an interesting editorial in last months Canadian Business on why AC canceled the New Delhi route. It seems that AC was losing a lot of money on that route and couldnt compete with Air India's cost structure.
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