8-Aug-2013 3:06 PM

Air Canada projects 2.5%-3.5% CASM decrease in 3Q2013

Air Canada provided (07-Aug-2013) the following outlook, with its projections for 3Q2013 and FY2013:

  • System ASMs: 2.5%-3.5% increase year-on-year in 3Q2013, increase 1.5% to 2.5% in FY2013;
  • Adjusted CASM: 2.5%-3.5% decrease year-on-year, 1%-2% in FY2013;
  • 2014 system capacity: To increase 9%-11% compared to 2012 levels;
  • Estimated fuel price: CAD0.87 per litre for 3Q2013 and FY2013. [more - original PR]