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Porter Airlines September load factor improves 8.2 points

Direct News Source

05-Oct-2010 Porter Airlines released traffic statistics for September 2010, indicating a year-over-year load factor improvement of 8.2 points to 55.8% from 47.6%.

The September load factor is based on 96.4 million ASMs (Available Seat Miles) and 53.8 million RPMs. ASMs grew 53.5% per cent from 62.8 million and RPMs increased 79.9% from 29.9 million year-over-year.

The airline also flew approximately 56,000 more passengers in September compared to last year.

"Porter continues posting traffic figures with excellent gains across the board," said Robert Deluce, president and CEO of Porter Airlines. "We are especially pleased with numbers from recent months and anticipate a similarly strong conclusion to the calendar year."

Porter had an industry-leading break-even load factor of 49% in 2009.

Traffic report

September

Q3 (July-Sept)

Year-to-date

2010

2009

Change

2010

2009

Change

2010

2009

Change

RPMs (millions)

53.8

29.9

79.9%

178.9

90.9

96.8%

423.3

195.8

116.2%

ASMs (millions)

96.4

62.8

53.5%

295.2

182.9

61.4%

799.3

419.6

90.5%

Load factor

55.8%

47.6%

+8.2 pts

60.6%

49.7%

+10.9 pts

53.0%

46.7%

+6.3 pts