July 2017 - T-100 Canada

Canada is currently going from strength to strength at levels not seen 2000 and on considerably less flights, 2016 has seen a combination of factors to drive this behavior, but primarily the entry of Westjet on the YYZ and YHZ routes along with PD's hook up with EK, LY and QR providing feed for them has seen a big increase in their numbers.

AC has increased capacity on YYZ 28% by running it's mainline E190's and for the rolling 12 months and has been rewarded with a bump of 38% more passengers, moving loads from 69 to 75% as a result, pushing 41, 000 extra passengers through. Some of this was offset by a reduction in AC Express (RS) flying, but overall a big win for AC. YUL, loads stayed largely flat, YHZ was up 3% and YOW down about 1.7% over the same time.

WS has really stimulated YYZ and YHZ with extra passengers since their entrance bringing 40K and 10K respectively running at mid 60% loads for both routes thus far, will be interesting to watch them build to see if they can get into the 70% range. July sees them in the high 70%'s which is promising.

And then there is PD, which has seen a 5%+ increase in loads, it's partnerships with EK and newer entrants LY and QR appear to be paying dividends for them, as their capacity has remained largely flat, thus meaning more butts on seats and better cost recovery as a result. July has seen a huge impact, PD actually reduced capacity by 10.5%, but saw a 22% increase in passengers, with their loads going from 58% to 79% in the period. As long as they weren't giving away the seats, central office must have been happy with that result.

I would be hard pushed to say Canada can hit 1m passengers to/from BOS given they are sitting at 850K ish for Rolling 12 months November per Massport, but there is still some market growth to come from WS having a full year worth of frequency, so we will inch closer for sure.

#AC #WS #PD #Porter #Westjet #AirCanada #QK #RS #Canada