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CHANGE EXPECTED: Porter posts October results

Porter Airlines reported a 59.4% load factor for October, a decrease from last year of 8.3 points. Figures for the month show 125 million Available Seat Miles (ASMs) and 74.2 million Revenue Passenger Miles (RPMs). ASMs grew 5.5% from 118.5 million and RPMs decreased 7.5% from 80.2 million la st year. Robert Deluce, president and CEO of Porter Airlines, said: “We are currently focusing on maintaining higher yields, so the change in load factor is expected with this approach. I also want to acknowledge all of our team members for their outstanding effort given the effects of Hurricane Sandy in some of our key markets. Newark, in particular, was very challenging, but we are back to regular service on all fronts.” Go to http://www.flyporter.com for more.

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