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Four Corners


UNITED STATES Optimism in the US and Canada


Denise Poole,ceo AMI Group


In David Loft’s absence from Four Corners this month due to a very heavy schedule, Denise Poole has been talking to us about the prospects for North America. She says: “We are being cautiously optimistic in the US and Canada as the news we get every day is continuously good. We seem to be seeing a recovery here in the US as monthly air traffic numbers grow and grow.” This is great news for everyone in


“We are being cautiously


optimistic in the


US and Canada as the news we get every day is continuously good.”


the industry as we all know that the rest of the world will follow. Denise also pointed us towards the Air Transport Association (ATA) website, ATA SmartBrief, where there’s more good news for the market. • Fitch Ratings commented: “As long as fares and revenues keep rising, US airlines should make progress in repairing their balance sheets.” • The DOT’s Bureau of Transportation Statistics reported that US airlines saw a 1.5% increase in passengers in the first nine months of the year. September was especially strong, with passenger counts surging 4.9%


to 57.3 million passengers. Though September’s growth was the strongest in three years, the total passenger count was still down 3.2% from September 2007, before the recession. • OAG, aviation research company, said US airlines have increased capacity by 6% this month as they capitalise on increased travel demand. Capacity on flights to and from Europe, Asia, Africa and the Middle East was up by as much as 13% compared with December 2009. • United Continental Holdings saw a 4.8% increase in traffic for November, the second month of combined operational results for the two airlines. Capacity was up 4.1%, and occupancy gained fractionally. Estimates showed revenue per available seat mile continued its upward trend to 11-12% . • American Airlines’ parent company said business travel is still picking up and it was optimistic about its revenue-making power heading into next year. • Air Canada’s ceo, Calin Rovinescu, pointed to a C$326 million third quarter operating profit, higher than


many analysts had expected. • Alaska Airlines traffic increased 15.5% in November. • JetBlue reported a 11.7% rise in November traffic as paying passengers flew nearly 2.3 billion miles. The airline added that revenue per available seat mile rose 10% year-over-year. • Southwest Airlines has reported that its planes flew 80.1% full last month. Traffic was up 10.7%, outpacing a 5.7% increase in capacity, and revenue per available seat mile rose 7% to 8% compared to November 2009. • Hawaiian Airlines said paying passengers flew 718 million miles in November, up from 644 million a year earlier. The 11.5% traffic gain outstripped a 10.5% capacity boost, so occupancy increased by about 1 percentage point to 85.2% • Orlando-based AirTran reported an increase in traffic of 6.6% in November. • Republic Airways Holdings, parent of Frontier Airlines, said traffic rose 4% on a year over year basis. The good news just goes on and on. Thank you Denise!


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