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Air Canada: CASM to decrease between 2% and 3% in 4Q2013

11-Nov-2013 4:19 PM

Air Canada provided (08-Nov-2013) the following guidance for 4Q2013:

  • 4Q2013 ASMs (system): Increase between 3% and 4% year-on-year;
  • 2013 ASMs (system and domestic): Increase between 2% and 2.5%;
  • 2014 system capacity: Increase between 9% and 11% on 2013 levels;
  • 4Q2013 CASM: Decrease between 2% and 3%;
  • 2013 CASM: Decrease between 1.5% and 2%;
  • 4Q2013 jet fuel price: Estimated at CAD0.89 per litre. [more - original PR]