WRAPUP 2-Canada’s airlines flew fuller planes in November

* WestJet traffic leaps 17.9 pct; capacity strong too

* Analyst says Air Canada intl load factors slowing

* Porter load factor up 4.6 points to 54 pct
(Adds analyst comment; Porter data; stock moves)

TORONTO, Dec 6 (BestGrowthStock) – Air Canada (ACa.TO: ) (ACb.TO: ),
WestJet Airlines (WJA.TO: ) and Porter Airlines all flew fuller
planes in November, the carriers said on Monday, as stronger
demand filled higher capacity levels as the economy recovers.

WestJet, Canada’s second-biggest airline, said its load
factor for the month was 77.7 percent, up 1.8 percentage points
from a year earlier, as traffic leaped a healthy 17.9 percent
on a big capacity jump of 15.3 percent.

Chief Executive Gregg Saretsky said the company was seeing
strong bookings from business clients, a new target market for
WestJet, and for vacation packages to sunny destinations.

“The nice part is that you’re seeing Canadians travel and
it looks like it’ll be a good strong winter for everybody,”
said Chris Murray, an airlines analyst at PI Financial.

Air Canada, the country’s biggest airline, said its system
load factor for the month was 74.8 percent, up 0.1 percentage
points from a year earlier, on a consolidated basis with Jazz,
its regional feeder service.

System traffic rose 7.5 percent on a capacity increase of
7.3 percent.

Air Canada recorded traffic growth in all the markets it
serves, led by a 19 percent increase in the Pacific, Chief
Executive Officer Calin Rovinescu said.

Even so, international load factors were a little weaker at
Air Canada than in recent months, said Cameron Doerksen, an
analyst at National Bank Financial.

“(That is) what you’d expect given that they’ve had pretty
significant growth over the past year,” Doerksen said.

Porter Airlines said its load factor increased 4.6 points
to 54 percent in November. The small regional airline’s
break-even load factor was a low 49 percent in 2009.

WestJet’s stock was 1.4 percent firmer at C$14.26 on the
Toronto Stock Exchange. Air Canada’s shares were 1.6 percent
higher at C$3.86.
(Reporting by John McCrank and Nicole Mordant; editing by Rob

WRAPUP 2-Canada’s airlines flew fuller planes in November