Air Canada announces July results, load factor declines to 85.9 percent
Canada’s national flag carrier Air Canada recently announced its operational results for the month of July this year. The airline was downcast at the outcome.
According to the airline, Air Canada flights flew emptier in July 2012 as compared to the same month in 2011. The airline witnessed a greater percentage of empty seats on its flights and said that its passenger traffic declined more than it cut capacity.
The airline in a statement said that its load factor for the month of July this year dropped to 85.9 percent, down from 86.4 percent as compared to July 2011.
The airline pointed out that its load factor was lower last month because the passenger traffic declined 1.1 percent, while capacity was cut 0.5 percent as compared to the same month last year.
The airline said that its load factor on U.S. and transatlantic flights declined to 80.1 percent and 87.5 percent respectively, down from 81.2 percent and 89.5 percent when compared to July in 2011.