Air Transport World

Canada. (air line statistics) (23rd Annual Market Development Report )

Canada

Air Canada: The winner of ATW's Passenger Service Award for 1985 found itself, like its U.S. counterparts, under pressure last year to reduce costs and respond to competitive challenges resulting from deregulation of its nation's airline industry. During 1985, says the carrier, it "moved to strengthen the foundation necessary for ensuring growth and a prosperous future.'

It did not, however, produce a profit. Operating revenues were up 8.9% to $1.95 billion, but expenses climbed 10.7% to cut operating profit to $1.1 million from $30.6 million in 1984. Air Canada posted a $10.6-million net loss in contrast to a $20.1-million net profit the year before.

Low passenger growth throughout Canada, coupled with overcapacity and a couple of "work disruptions,' resulted in Air Canada ending the year with an increase of only 1. …

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