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CALGARY - WestJet commented today on the report issued by the Montreal Economic Institute regarding the excessive taxes imposed on the Canadian airline industry.
MONTREAL - Aeroplan Income Fund (TSX: AER.UN) announced today that a cash distribution in the amount of $0.0625 per Fund unit, covering the period from November 1 to November 30, 2006, will be paid on December 15, 2006 to unitholders of record at the close of business on November 30, 2006.
CALGARY - WestJet (TSX:WJA) today announced it will offer additional seasonal non-stop service from Toronto to Fort Lauderdale, Tampa and Nassau, Bahamas starting January 8, 2007 until April 28, 2007.
HALIFAX - Jazz Air Income Fund (TSX: JAZ.UN ) announced today that its November cash distribution of $0.0729 per Fund unit covering the period from November 1, 2006 to November 30, 2006 will be paid on December 15, 2006 to unitholders of record at the close of business on November 30, 2006.
CALGARY - WestJet (TSX:WJA) is North America's most financially successful airline, leading the industry in percentage earnings after reporting record third quarter earnings margin. Based on reported 2006 third quarter results, WestJet's pre-tax margin is 16 per cent, outperforming all other North American carriers on a percentage basis. WestJet's available seat mile (ASM) growth for the third quarter was 17.3%, placing the airline among the top North American carriers for seat capacity growth.
HALIFAX - CanJet Airlines is pleased to announce that it will be operating charter flights on behalf of Transat Holidays to Florida for the 2007 winter vacation season. Chris Kelly, Director, Finance & Strategic Planning, confirmed that CanJet will operate charter flights from Halifax, Moncton and Quebec City to Orlando, St. Petersburg and Fort Lauderdale. He went on to say, "Our agreement with Transat Holidays will allow CanJet to provide convenient non-stop service to popular…
MONTREAL - Transat A.T. Inc., one of the world's largest integrated tourism companies and Canada's holiday travel leader, has filed its submission in response to the Government of Canada's consultation on Air Transportation Policy launched on October 25, 2006. Transat agrees in principle with the Government's efforts to further liberalize Canada's international air policies, to the extent that the current economic and tax policy framework is overhauled. Transat also shares the Government's objective to secure…
HALIFAX - Today, Jazz Air Income Fund (TSX: JAZ.UN) ("Jazz Air Fund") announced that commencing January 1, 2007, the Trustees of the Fund have approved an increase in monthly cash distributions to unitholders from the current level of $0.0729 per fund unit, equivalent to $0.875 on an annualized basis, to $0.0838 per fund unit, equivalent to $1.00 on an annualized basis, representing an increase of 15%. It is expected that the first cash distribution with…
CALGARY - WestJet (TSX:WJA) today announced solid traffic results for the month of October with increases in load factor and impressive gains in capacity and revenue passenger miles. WestJet's available seat miles (ASMs) for October 2006 increased 22 per cent to 1,102.7 million, up from 905.2 million in October 2005. Year to date, ASMs have increased 16 per cent to 10,312.3 million, up from 8,890.5 million in the same 10-month period in 2005.
MONTREAL - Air Canada today announced it has increased overall capacity in Newfoundland and Labrador, New Brunswick, and Nova Scotia. The additional flights, operated by Air Canada and Air Canada Jazz, will offer customers more choice and convenience in time for planning vacations during the year-end holiday travel time. Overall, the airline is increasing the number of seats to destinations it serves in Atlantic Canada by over 16 per cent, or more than 10,000 additional…