News
Porter Airlines reports lower September load factor
Oct. 3, 2012, Toronto - Porter Airlines saw an increase in the proportion of empty seats on its flights in September as the number of passengers it carried slipped from a year ago, the regional airline said Wednesday.
October 3, 2012 By The Canadian Press
Toronto-based Porter, which attributed part of the difference to a significant portion of Labour Day traffic flying in August due to
the early holiday, reported a 62.3 per cent load factor for September, down from 68 per cent a year ago.
The drop came as capacity at the airline increased 6.7 per cent from a year ago and traffic fell 2.3 per cent.
"Overall, we're encouraged by the entire third-quarter results,'' Porter chief executive Robert Deluce said in a statement.
"We are also seeing higher average fares with the transition back to business travel in the fall season.''
Based at Toronto's Billy Bishop Toronto City Airport, Porter flies to cities in Ontario, Quebec and Atlantic Canada as well as a
handful of destinations in the United States.
