BUSINESS

Air Canada reports 84.7 per cent September load factor, up from year ago

10/06/2014 08:51 EDT | Updated 12/06/2014 05:59 EST
MONTREAL - Air Canada (TSX:AC.B) flights had fewer empty seats last month as the airline reported a load factor of 84.7 per cent for September, up from 83.2 per cent a year ago.

The improvement came as the airline increased overall capacity by 7.3 per cent and traffic grew by 9.2 per cent.

Air Canada added capacity and saw increased traffic in all of its regions except Latin America and the Caribbean where it trimmed capacity and traffic fell compared with a year ago.

The airline also reported an improved load factor in each of its key regions with flights to and from the U.S. posting the largest improvement.

U.S. flights had a load factor of 79.5 per cent, up from 76.4 per cent a year ago. Domestic flights saw their load factor improve to 81.9 per cent from 81.6 per cent.

Transatlantic flights improved to 89.6 per cent from 87.7 per cent, while routes across the Pacific improved to 85.8 per cent from 84.8 per cent. Latin America and the Caribbean flights had a load factor of 81.1 per cent, up from 79.8 per cent.