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Porter Airlines 2010 traffic statistics show significant growth


News provided by

Porter Airlines Inc.

Sep 21, 2010, 08:00 ET

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August load factor grows 11.4 points to 63.9%

TORONTO, Sept. 21 /CNW/ - Porter Airlines will be releasing monthly traffic statistics in order to share information about its growth and progress.

The most recent month of August produced a load factor of 63.9 per cent, based on 99.7 million ASMs (Available Seat Miles) and 63.7 million RPMs (Revenue Passenger Miles).  This represents an 11.4 point load factor increase from 52.5 per cent in August 2009.  ASMs grew 69 per cent from 59.1 million and RPMs increased 105 per cent from 31.0 million over the same period.

"Beginning a standard disclosure process summarizing our monthly traffic will help inform the market about Porter's competitive positioning," said Robert Deluce, president and CEO of Porter Airlines.  "This initial release also includes figures beginning from the second quarter in order to provide additional context related to Porter's progress this year."

Traffic report

  August Year-to-date
  2010 2009 Change 2010 2009 Change
RPMs (millions) 63.7 31.0 105% 369.5 166.0 123%
ASMs (millions) 99.7 59.1 69% 702.9 356.9 97%
Load factor 63.9% 52.5% +11.4 pts 52.6% 46.5% +6.1pts
             
  July Year-to-date (to July 31)
  2010 2009 Change 2010 2009 Change
RPMs (millions) 61.4 29.9 105% 305.9 135.0 127%
ASMs (millions) 99.1 61.0 62% 603.2 297.8 103%
Load factor 62.0% 49.0% +13.0 pts 50.7% 45.3% +5.4 pts
             
  Q2 (April 1-June 30) Year-to-date (to June 30)
  2010 2009 Change 2010 2009 Change
RPMs (millions) 140.6 63.2 122% 244.5 104.9 133%
ASMs (millions) 283.2 135.5 109% 504.1 236.7 113%
Load factor 49.6% 46.7% +2.9 pts 48.5% 44.3% +4.2 pts

"The improvements shown in 2010, particularly in the second half of the year, largely reflect a fully deployed 20-aircraft fleet as of this spring," said Deluce.  "Capacity is being absorbed rapidly as new routes and additional flight frequencies mature in the market.

"Porter's industry-leading break-even load factor of 49 per cent in 2009 puts us in a very good position for the rest of this year given the type of numbers we are posting."

About Porter Airlines

Porter Airlines is Canada's third largest scheduled carrier, based at Billy Bishop Toronto City Airport.  Porter is an Official 4 Star Airline® in the World Airline Star Rating® by Skytrax, committed to offering speed, convenience and service as part of a premium travel experience. A refined journey begins on the ground with comfortable airport lounges and service-oriented team members.  The experience continues seamlessly in the air with spacious interiors and well-appointed crew.  Passengers enjoy complimentary services, including free in-flight wine, beer and premium snacks, all aboard modern aircraft.

The airline currently serves Toronto, Ottawa, Montreal, Quebec City, Moncton, Halifax, St. John's, Thunder Bay, Sudbury, New York (Newark), Chicago (Midway), Boston (Logan), and has seasonal flights to Mt. Tremblant, Que. and Myrtle Beach, SC. 

Join VIPorter frequent flyer program to earn a free flight after as few as five one-way trips. Visit www.flyporter.com or call (888) 619-8622 for more information.    

For further information:

Media contact:
Kristen Shamess
Porter Airlines
(416) 619-8529

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Organization Profile

Porter Airlines Inc.

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