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Article: Company Watch - Air Canada.
- Article from:
- AirGuide Business
- Article date:
- August 3, 2009
CopyrightCOPYRIGHT 2009 Pyramid Media Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New York (AirGuideBusiness - Company Watch) Aug 2, 2009
Air Canada and Jazz Air this week signed an MOU modifying their capacity purchase agreement. Highlights of the revised agreement include a reduction in the mark-up rate paid to Jazz on the first 375,000 block hr. of flying from 16.7 percent to 12.5 percent; a reduction in AC's commitment to Jazz's minimum fleet from 133 aircraft to 125; an extension of the capacity purchase arrangement to Dec. 31, 2020. Jul 30, 2009
Air Canada and Jazz flew 4.17 billion RPMs in June, a 9.1 percent drop year-over-year, against a 7.6 percent cut in capacity to 5.15 billion ASMs. Load factor slipped 1.3 points to 80.9 ...