Canadian Airlines Reports Improved March Operating Statistics.CALGARY, ALBERTA--(BUSINESS WIRE)--April 16, 1999-- Canadian(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CA.) (VSE See DOS/VSE. VSE - Virtual Storage Extended :CA.) (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :CA.) Canadian Airlines Canadian Airlines International Ltd. was, from 1987 until 2001, Canada's second largest airline after Air Canada, carrying more than 11.9 million passengers to over 160 destinations in 17 countries on five continents at its height in 1996. Corporation today reported that for the month of March 1999, system traffic, measured in revenue passenger miles Revenue passenger miles (RPMs) is a measure of a passenger traffic for an airline flight, bus, or train calculated by multiplying the total number of revenue-paying passengers aboard the vehicle by the distance traveled measured in miles. , increased 9.7 per cent versus the same period last year. System capacity, measured in available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. , increased 5.5 per cent resulting in a 2.7 percentage point improvement in load factor for the month of March 1999. Canadian Airlines' domestic traffic in March was unchanged year-over-year, while domestic capacity increased 2.5 per cent versus the same period last year, resulting in a 1.6 percentage point decrease in load factor to 66.8 per cent. Canadian Regional Airlines' traffic rose 5.3 per cent while its capacity increased only 0.6 per cent producing a load factor of 59.5 per cent, a 2.6 percentage point improvement versus the same period last year. Canadian Airlines' international traffic growth continued in March 1999, showing a substantial increase of 14.8 per cent over March 1998 results. Contributing to this increase was strong traffic growth in the strategically important markets of the United Kingdom, Taiwan and China. The United Kingdom experienced a 25.4 per cent increase in traffic on a 16.0 per cent increase in capacity. Taiwan and China traffic increased 54.3 per cent and 38.0 per cent respectively on a 69.7 per cent and 12.2 per cent increase in capacity. The Taiwan capacity increase reflects the continued redeployment re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. of Boeing 747 aircraft from Japan where demand has been weak. The overall load factor in international markets improved 4.6 percentage points led by a 17.7 point increase in the Japan market. "The sustained growth in international traffic and the improved load factors continue to affirm our strategy of realigning capacity with market demand, " said Doug Carty, Senior Vice-President and Chief Financial Officer. "We anticipate the April 4 launch of the multi-bank Vancouver Hub will continue this positive trend, particularly with regards to the Asian markets." Canadian Airlines is a founding member of the oneworld(TM) alliance made up of the world's leading airlines: American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. , Cathay Pacific Cathay Pacific Airways Limited (HKSE: 0293 ) is an airline based in Hong Kong, operating scheduled passenger and cargo services to over 104 destinations worldwide. It is the flag carrier of Hong Kong with its main base at the Hong Kong International Airport. [1]. , Qantas Airways, and in the fall of 1999, Finnair and Iberia. With its partners, Canadian Airlines serves over 300 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. destinations and more than 600 worldwide, including over 80 flights weekly between Canada and Asia. Hearing Impaired TTD TTD - Telecommunications Device for the Deaf Number: 1-800-465-3611 -0-
March Operating Statistics (in millions):
Revenue Passenger Miles (RPMs) Per Cent
March 99 March 98 Change
Domestic 412 412 0.0
International 975 849 14.8
Canadian Total 1,387 1,261 10.0
Canadian Regional 100 95 5.3
System Total 1,487 1,356 9.7
Available Seat Miles (ASMs)
Domestic 617 602 2.5
International 1,330 1,236 7.6
Canadian Total 1,947 1,838 5.9
Canadian Regional 168 167 0.6
System Total 2,115 2,005 5.5
Passenger Load Factor Per Cent Per Cent
Domestic 66.8 68.4 (1.6) pts
International 73.3 68.7 4.6 pts
Canadian Total 71.2 68.6 2.6 pts
Canadian Regional 59.5 56.9 2.6 pts
System Total 70.3 67.6 2.7 pts
Revenue Passenger Miles (RPMs) Per Cent
YTD 99 YTD 98 Change
Domestic 1,139 1,143 (0.3)
International 2,689 2,382 12.9
Canadian Total 3,828 3,525 8.6
Canadian Regional 283 265 6.8
System Total 4,111 3,790 8.5
Available Seat Miles (ASMs)
Domestic 1,721 1,731 (0.6)
International 3,800 3,586 6.0
Canadian Total 5,521 5,317 3.8
Canadian Regional 478 476 0.4
System Total 5,999 5,793 3.6
Passenger Load Factor Per Cent Per Cent
Domestic 66.2 66.0 0.2 pts
International 70.8 66.4 4.4 pts
Canadian Total 69.3 66.3 3.0 pts
Canadian Regional 59.2 55.7 3.5 pts
System Total 68.5 65.4 3.1 pts
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