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Porter Airlines June Load Factor Drops

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Privately-owned Canadian regional carrier Porter Airlines said its June load factor fell to 62 percent from 64.6 percent, as traffic rose 4.1 percent and capacity climbed 8.5 percent.

"Numbers for June, although slightly less than in 2011, met our expectations," said chief executive Robert Deluce, noting that Porter's traffic was boosted in June 2011 by a brief strike at Air Canada as sales and customer service agents walked off the job.

Porter said its second-quarter load factor edged up to 61.5 percent from 59.7 percent in the same period last year, as traffic increased 17.5 percent and capacity rose 14 percent.

"Our second-quarter and year-to-date numbers made gains and the outlook for the full year continues to be good," Deluce said.

(Reuters)

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