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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.''

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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.