logo
Share SHARE
FONT-SIZE Plus   Neg

Air Canada March Traffic Up 4.8% - Quick Facts

Air Canada (AC_A.TO, AC_B.TO) reported that system traffic for the month of March 2012 increased 4.8 per cent on a system-wide capacity increase of 2.2 per cent.

The airline said its March 2012 system traffic rose 4.8% to 4.62 billion revenue passenger miles or RPMs from 4.41 billion RPMs in the same period last year.

The airline's March 2012 system capacity was 5.67 billion available seat miles or ASMs, up 2.2% from 5.55 billion ASMs in the prior year period.

System load factor was 81.5 per cent, versus 79.5 per cent in March 2011, an increase of 2.0 percentage points.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
TerraForm Global, Inc., an operator of clean energy power plants, said Monday that it has signed an exclusivity agreement with Brookfield Asset Management Inc. to negotiate a potential business combination between them. Shares of TerraForm Global are gaining more than 6 percent in pre-market activity following the announcement. Fast food giant McDonald's Corp. (MCD) on Monday reported a 1 percent decline in profit for the fourth quarter from last year on lower revenues due to the impact of refranchising. However, both revenue and earnings per share beat analysts' expectations. The Oak Brook, Illinois-based hamburger chain... U.S. authorities are investigating Yahoo Inc. for not disclosing the two massive data breaches sooner to investors, the Wall Street Journal reported, citing people familiar with the matter. It is expected that such a move could help clarify the timeline for companies to reveal such hacks.
comments powered by Disqus
Follow RTT