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Quarterly civil aviation statistics, third quarter 2015

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Released: 2016-06-29

The total operating revenue reported by the 25 largest Canadian airlines reached $6.1 billion in the third quarter, up 3.2% from the same quarter in 2014. Total operating expenses were down 2.1% to $4.9 billion, largely on falling fuel prices.

As a result, net operating income rose 32.8% to $1.2 billion.

Profits rise

Net income increased 29.0% from $561.5 million in the third quarter of 2014 to $724.5 million in the third quarter of 2015. This gain, attributable to the growth in net operating income, was partially offset by the 39.3% increase in net non-operating loss from $323.1 million to $450.2 million over the same period.

The profit margin (net income divided by operating revenue) rose from 9.6% in the third quarter of 2014 to 12.0% in the third quarter of 2015. In other words, every dollar of service sold in the third quarter earned 12.0 cents of profit for the carriers, compared with 9.6 cents in the same quarter of the previous year.

The number of passengers increases

These same 25 Canadian airlines carried 20.3 million passengers during the third quarter, up 7.3% from the same quarter of the previous year, as the number of passengers on scheduled flights rose 7.7% to 19.9 million. The number of passengers flying on chartered flights declined 8.1% to 387,000, as a major charter carrier, CanJet Airlines, suspended its services on September 1, 2015.

Notable increases were recorded in both traffic and capacity for scheduled services during the third quarter. Traffic totalled 51.3 billion passenger-kilometres, up 10.3% from the same quarter the previous year, while capacity rose 8.4% to 58.9 billion available seat-kilometres.

With the increase in demand greater than the increase in capacity, carriers recorded a higher passenger load factor in the third quarter (87.1%) for their scheduled services than in the same quarter of the previous year (85.6%).

The average number of employees was up 1.7% to 49,800, while total wages and salaries paid increased 3.8% to $867.2 million.

  Note to readers

This release covers Canadian Level I and II air carriers.

Net non-operating income and loss are from commercial ventures that are not part of the air transportation services; from other revenues and expenses attributable to financing or other activities that are not an integral part of air transportation; and from special recurrent items of a non-periodic nature. Provision for income taxes is also included. Non-operating income can be, for example, capital gains from the sale of aircraft, interest income and foreign exchange adjustment, while non-operating expenses can include capital losses and interest on bank loans and other debt.

Data in this release are not seasonally adjusted.

Products

Civil aviation data will appear later in the service bulletin Aviation (Catalogue number51-004-X).

Contact information

For more information, to order data tables, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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