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Porter Airlines Oct-2010 load factor grows 4.7 points

Direct News Source

03-Nov-2010 Porter Airlines’ passenger statistics for October 2010 produced a load factor of 56.3 per cent, based on 98.8 million ASMs (Available Seat Miles) and 55.7 million RPMs (Revenue Passenger Miles).

This represents a 4.7 point load factor increase from 51.6 per cent in October 2009. ASMs grew 29.7 per cent from 76.2 million and RPMs increased 41.7 per cent from 39.3 million over the same period.

"We are seeing positive momentum continue with growth across all key measures," said Robert Deluce, president and CEO of Porter Airlines. "The Thanksgiving weekend posted record passenger numbers and our team members are doing an excellent job maintaining the high levels of service that Porter has become known for as the airline expands."

Traffic report

October

Year-to-date

2010

2009

Change

2010

2009

Change

RPMs (millions)

55.7

39.3

41.7%

479.0

235.2

103.7%

ASMs (millions)

98.8

76.2

29.7%

898.1

496.5

80.9%

Load factor

56.3%

51.6%

+4.7 pts

53.3%

47.4%

+5.9 pts

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