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Corporate and Financial
Cargojet Inc. (TSX: CJT, CJT.A) announced today financial results for the fourth quarter and twelve-month period ended December 31, 2012.
For the month of February, Air Canada reported a record system load factor of 79.8 per cent, versus 76.8 per cent in February 2012, an increase of 3.0 percentage points. System traffic decreased 0.7 per cent on a system-wide capacity decrease of 4.4 per cent. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air Canada purchases capacity.
WestJet today announced February 2013 traffic results with a record load factor of 86.1 per cent. Revenue passenger miles (RPMs), or traffic, increased 7.3 per cent year over year, and capacity, measured in available seat miles (ASMs), grew 3.1 per cent over the same period. The airline flew 1.4 million guests in February, a year-over-year increase of 5.5 per cent or approximately 74,300 additional guests.
Bombardier today reported its financial results for the fourth quarter and the year ended December 31, 2012. Revenues totalled $4.8 billion for the fourth quarter ended December 31, 2012, compared to $4.3 billion for the corresponding period last fiscal year. For the year, revenues totalled $16.8 billion, compared to $18.3 billion for the last fiscal year.
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) today announced of its fourth quarter and year end 2012 earnings. The highlights are provided below.
CAE has reported financial results for the third quarter ended December 31, 2012. Net income attributable to equity holders was $37.8 million ($0.15 per share) this quarter, compared to $45.6 million ($0.18 per share) last year. All financial information is in Canadian dollars.
WestJet Airlines Ltd. (TSX:WJA) announced today that the Toronto Stock Exchange ("TSX") has accepted its notice to make a normal course issuer bid to purchase outstanding common voting and variable voting shares (the "Shares") on the open market in accordance with the rules of the TSX.
Héroux-Devtek Inc. (TSX: HRX), ("Héroux-Devtek" or the "Corporation"), a leading Canadian manufacturer of aerospace products, today reported its results for the third quarter of fiscal 2013 ended December 31, 2012. Unless otherwise indicated, all amounts are in Canadian dollars.
Air Canada today reported full year and fourth quarter earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent ("EBITDAR") of $1.451 billion (or $1.327 billion before the impact of benefit plan amendments) compared to EBITDAR of $1.242 billion in 2011.