Table 7
Income Statement – Canadian air carriers, Levels I and II – Second quarter of 2005 and 2006

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Symbols | Next | Previous

Income Statement – Canadian air carriers, Levels I and II – Second quarter of 2005 and 2006
  2005 2006 Change from 2005 to 2006
  thousands of dollars percent
Operating revenues  
Scheduled services 2,761,108 3,119,014 13.0
Passengers 2,601,382 2,958,384 13.7
Goods 159,726 160,630 0.6
Charter services 201,300 282,046 40.1
Passengers 145,055 178,677 23.2
Goods 56,244 103,369 83.8
Other flying services 1 x x x
Subsidies 1 x x x
Net incidental air transport related revenue 124,245 136,865 10.2
Total operating revenues 3,086,653 3,537,924 14.6
Operating expenses  
Maintenance, ground property and equipment 11,523 13,697 18.9
Aircraft operations 1,420,741 1,707,860 20.2
Maintenance, flight equipment 351,442 372,416 6.0
General services and administration 1,059,697 1,097,050 3.5
Depreciation 105,189 129,259 22.9
Total operating expenses 2,948,592 3,320,282 12.6
Operating income (loss) 138,061 217,642 57.6
Non-operating income (expenses)  
Capital gains (losses), net -4,964 -3,637 -26.7
Interest and discount income 9,751 17,298 77.4
Interest expenses 75,588 78,629 4.0
Miscellaneous non-operating income (expenses), net -19,346 70,632 …
Total non-operating income (expenses), net -90,147 5,664 …
Income (loss) before provision for income taxes 47,914 223,306 366.1
Provision for income taxes (tax refund) 39,691 15,379 -61.3
Net income (loss) 8,223 207,928 2,428.6
1.
For reasons of confidentiality, other flying services and subsidies have been included with incidental air transport related revenue.
Note(s):
Level I air carriers. Level IA. This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, transported at least 6 million revenue passengers. Level IB. This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, transported at least 1 million but fewer than 6 million revenue passengers, or at least 200 thousand tonnes of revenue goods.
Level II air carriers. This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, transported at least 100 thousand but fewer than 1 million revenue passengers, or at least 30 thousand but less than 200 thousand tonnes of revenue goods.