Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.

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Air Canada > Traffic

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Comment by TradeForexon Feb 04, 2024 6:33pm

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Post# 35862169

RE:Traffic

Thank you Tempo1

FROM CIBC aerospace weekly:

Air Passenger Traffic Improved Again In December; 2023 Overall Was Marked By Strong Industry-wide Recovery

IATA released its December and full-year 2023 air passenger report.

Key takeaways were:

• IATA noted that air passenger traffic in December increased 25% Y/Y and was 3% lower than 2019 levels. In seasonally adjusted terms, air passenger traffic was up 1% M/M. 2023 air passenger traffic was up 37% Y/Y and only 6% lower than 2019 levels.

• Capacity in the month grew 24% Y/Y and was down 3% Y/Y from 2019. PLF (passenger load factor) was 82.1%, one point ahead of 2022 and flat against 2019. 2023 capacity was up 31% Y/Y and down 5.6% from 2019 levels. IATA noted that 2023 supply exceeded demand compared to 2019 levels, resulting in PLF of 82.3%. This is up four points from 2022 and down only 0.3 ppt vs. 2019.

• ......

• International traffic growth remained stable in the month, up 24% Y/Y and down 5% vs. 2019 levels. IATA noted that for international demand in 2023 remained lower than its 2019 levels while maintaining a stable yet robust growth pace. Full-year international demand was up 42% Y/Y and down 11% vs. 2019 levels.

• International capacity in the month was up 25% Y/Y and down 6% vs. 2019. International PLF in the month came in at 82% (similar to both 2022 and 2019). International capacity for the year was up 34% Y/Y and down 12% vs. 2019 levels. Full-year international PLF came in at 82.8%, four points ahead of 2022 and one point ahead of 2019.

• Air passenger demand in North America for the month were up 11% Y/Y and up 2% vs. 2019 levels. For the year, North American air passenger demand was up 15% Y/Y and up 2% vs. 2019.

• North American capacity for the month was up 12% Y/Y and up 2% vs. 2019 levels. North American PLF for the month came in at 82.9%. This is down one point Y/Y and down three points vs. 2019. For the year, North American capacity was up 15% Y/Y and up 2% vs. 2019. Full-year PLF in the region came in at 84.4%. This is almost one point ahead Y/Y but down slightly from 2019 levels.