Air Canada Accidents Dates Flight Number Descriptions

Total Page:16

File Type:pdf, Size:1020Kb

Air Canada Accidents Dates Flight Number Descriptions Air Canada accidents Dates Flight number Descriptions 13 June 1964 3277 Vickers Viscount, Fin 638 CF- THT was damaged beyond economical repair when it crash- landed at Toronto after the failure of two engines on approach 19 May 1967 McDonnell Douglas DC-8-54F, Fin 813 CF-TJM crashed and burned on a training flight while making a three-engine landing at Ottawa, Ontario. 11 September 1968 A Vickers Viscount of Air Canada was hijacked by a Cuban passenger 7 September 1969 Vickers Viscount, Fin 629 CF- THK was damaged beyond economic repair by a fire which occurred on takeoff from Sept- Îles Airport 1 March 1970 106 Vickers Viscount, Fin 643 CF- THY collided in mid-air with Ercoupe 415 CF-SHN on approach to Vancouver International Airport 5 July 1970 621 McDonnell Douglas DC-8-63, Fin 878 CF-TIW exploded from a fuel line rupture caused by engine 4 striking the runway in Toronto, Ontario during the first landing attempt. All 109 passengers/crew were killed 26 December 1971 932 McDonnell Douglas DC-9-32, Flight departed Thunder Bay, Ontario for Toronto, Ontario. Hijacker Patric Dolan Critton passed a note 20 minutes before landing that read: "Think. We have fragmentary grenades, and a .38 caliber revolver. 21 June 1973 890 McDonnell Douglas DC-8-53, Fin 822 CF-TIJ caught fire and was burnt out during refueling at Terminal 2, Toronto, Ontario; no fatalities. 26 June 1978 189 McDonnell Douglas DC-9-32, Fin 721 CF-TLV overran the runway in Toronto after a blown tire aborted the takeoff. Two of the 107 people on-board were killed Air Canada accidents Dates Flight number Descriptions 17 September 1979 680 McDonnell Douglas DC-9-32, Fin 720 C-FTLU approximately 14 minutes after flight 680 left Logan International Airport in Boston, MA for Yarmouth, NS, the entire tailcone section of the plane separated resulting in rapid decompression at an altitude of 25,000 feet (7,600 m), leaving a large hole in the rear of the aircraft. 2 June 1982 McDonnell Douglas DC-9-32, Fin 724 C-FTLY exploded during a maintenance period in Montreal, Quebec; no fatalities.[120] 2 June 1983 797 McDonnell Douglas DC-9-32, Fin 720 C-FTLU had an electrical fire in the aft lavatory during flight, resulting in an emergency landing at Cincinnati/Northern Kentucky International Airport. 23 July 1983 143 Boeing 767-233, Fin 604 C- GAUN glided to an emergency landing in Gimli after running out of fuel 12,300 metres (40,400 ft) above Red Lake, Ontario. Some people suffered minor injuries during the evacuation due to the steep angle of the escape chute at the rear of the plane; caused by the collapsed nose at the front 16 December 1997 646 Air Canada Flight 646, Fin 109 C- FSKI, departed Toronto-Lester B. Pearson International Airport, Ontario, at 2124 eastern standard time on a scheduled flight to Fredericton, New Brunswick. On arrival, the Canadair CRJ-100 aircraft experienced an unstabilized approach in poor visibility and stalled aerodynamically during a late go- around attempt 10 January 2008 190 Air Canada Flight 190 was a scheduled flight from Victoria International Airport to Toronto Pearson International Airport. Whilst cruising over the Rocky Mountains, the Airbus 319 operating the flight lost attitude control and significant height in a short moment. Air Canada accidents Dates Flight number Descriptions 28 May 2012 1 Air Canada Flight 1 was a scheduled flight from Toronto Pearson International Airport to Narita Airport, Tokyo. On the 28th of May, the Boeing 777-300ER (C-FITW, fin 733) operating the flight emitted a loud bang from the right engine after take off. The engine cowling and several other parts of the GE90 fell into the city of Toronto smashing the windscreen of 2 cars but causing no injuries. The aircraft declared an emergency and spent one hour dumping fuel and preparing for an emergency landing at Toronto. The aircraft successfully made an emergency landing and was towed towards a terminal where the passengers disembarked. The right hand engine was removed from the aircraft and the plane was temporarily stored for 5 days as a replacement engine was brought in[126] 29 March 2015 624 Air Canada Flight 624 was Airbus A320 C-FTJP flying from Toronto Pearson International Airport to Halifax Stanfield International Airport. After 15 minutes in a holding pattern due to a severe winter storm and poor visibility, during approach in Halifax, the plane impacted the runway approach lights and power lines knocking out power and communications at the airport. It then impacted the ground 300m short of the runway, continuing on to impact the localizer antenna array, and breaking off its landing gear. The plane then touched down a second time and slid down the runway, losing one of its engines. All 133 passengers and 5 crew evacuated and survived. 23 people were sent to the hospital with non-life-threatening injuries.[127][128][129] The aircraft was written off.[130] 2. Consequences: plane Accidents for Airliners can have a bad impact on airliners, for instants on their passengers planes, the value of the company but also for the stocks and the safety points what they earn. Sources: https://en.wikipedia.org/wiki/Air_Canada.
Recommended publications
  • Crash Survivability and the Emergency Brace Position
    航空宇宙政策․法學會誌 第 33 卷 第 2 號 논문접수일 2018. 11. 30 2018년 12월 30일 발행, pp. 199~224 논문심사일 2018. 12. 14 http://dx.doi.org/10.31691/KASL33.2.6. 게재확정일 2018. 12. 30 Regulatory Aspects of Passenger and Crew Safety: Crash Survivability and the Emergency Brace Position Jan M. Davies* 46) CONTENTS Ⅰ. Introduction Ⅱ. Passenger and Crew Crash Survivability and the Emergency Brace Position Ⅲ. Regulations, and their Gaps, Relating to the Emergency Brace Position Ⅳ. Conclusions * Professor Jan M Davies MSc MD FRCPC FRAeS is a Professor of Anesthesiology, Perioperative and Pain Medicine in the Cumming School of Medicine and an Adjunct Professor of Psychology in the Faculty of Arts, University of Calgary. She is the chair of IBRACE, the International Board for Research into Aircraft Crash Events. (https://en. wikipedia.org/wiki/International_Board_for_Research_into_Aircraft_Crash_Events) Amongst other publications, she is the co-author, with Linda Campbell, of An Investigation into Serial Deaths During Oral Surgery. In: Selby H (Ed) The Inquest Handbook, Leichardt, NSW, Australia: The Federation Press; 1998;150-169 and co-author with Drs. Keith Anderson, Christopher Pysyk and JN Armstrong of Anaesthesia. In: Freckelton I and Selby H (Eds). Expert Evidence. Thomson Reuters, Australia, 2017. E-Mail : [email protected] 200 航空宇宙政策․法學會誌 第 33 卷 第 2 號 Ⅰ. Introduction Barely more than a century has passed since the first passenger was carried by an aircraft. That individual was Henri Farman, an Anglo-French painter turned aviator. He was a passenger on a flight piloted by Léon Delagrange, a French sculptor turned aviator, and aircraft designer and manufacturer.
    [Show full text]
  • ACFN/Netletter News
    NetLetter #1348 | August 12, 2016 Rouge Airbus A321 - Hamburg, Germany Welcome to the NetLetter, an Aviation based newsletter for Air Canada, TCA, CPAir, Canadian Airlines and all other Canadian based airlines that once graced the Canadian skies. The NetLetter was created in 1995 by Vesta Stevenson (RIP) and Terry Baker and is published on the second and fourth weekend of each month. If you are interested in Canadian Aviation History, and vintage aviation photos, especially as it relates to Trans-Canada Air Lines, Air Canada, Canadian Airlines International and their constituent airlines, then we're sure you'll enjoy this newsletter. Our website is located at www.thenetletter.net ACFN/NetLetter News We have had quite a few subscribers ask us about our "Obituaries" area which is operated and maintained by the ACFamily Network. We are in the process of doing a major overhaul of the Obituary section and will keep you updated about our progress in future issues of the NetLetter. After the new install is completed, we will need to move all the existing content over to the new site. As far as I know, there are no other web sites where memorial listings are accepted that cover past employees that worked for ALL past (and present) Canadian based airlines. We will link to any other aviation memorial sites that we are made aware of as well. We have 75% of it completed now and are making good progress. Alan Rust ACFamily Owner and Administrator Coming Events "Elvis is in the building" You don't see deals like this very often! $5 for an Elvis Show including lunch.
    [Show full text]
  • 2020 Management's Discussion and Analysis of Results of Operations
    2020 Management’s Discussion and Analysis of Results of Operations and Financial Condition February 12, 2021 2020 Management’s Discussion and Analysis of Results of Operations and Financial Condition TABLE OF CONTENTS 1. Highlights ...................................................................................................... 1 2. Introduction and Key Assumptions ............................................................... 3 3. About Air Canada .......................................................................................... 6 4. Strategy and COVID-19 Mitigation and Recovery Plan .................................. 8 5. Results of Operations – Full Year 2020 versus Full Year 2019 ..................... 16 6. Results of Operations – Fourth Quarter 2020 versus Fourth Quarter 2019 . 22 7. Fleet ............................................................................................................ 26 8. Financial and Capital Management .............................................................. 28 8.1. Liquidity .............................................................................................. 28 8.2. Financial Position ................................................................................ 29 8.3. Net Debt .............................................................................................. 30 8.4. Working Capital ................................................................................... 31 8.5. Consolidated Cash Flow Movements ...................................................
    [Show full text]
  • 2018 ANNUAL REPORT 2018 ANNUAL REPORT | Management’S Discussion and Analysis of Results of Operations and Financial Condition
    2018 ANNUAL REPORT 2018 ANNUAL REPORT | Management’s Discussion and Analysis of Results of Operations and Financial Condition 1. HIGHLIGHTS The financial and operating highlights for Air Canada for the periods indicated are as follows: Fourth Quarter Full Year (Canadian dollars in millions, except where indicated) 2018 2017 (1) $ Change 2018 2017 (1) $ Change Financial Performance Metrics Operating revenues 4,246 3,820 426 18,065 16,252 1,813 Operating income 122 133 (11) 1,174 1,371 (197) Income (loss) before income taxes (216) 20 (236) 405 1,286 (881) Net income (loss) (231) 8 (239) 167 2,029 (1,862) Adjusted pre-tax income (2) 68 77 (9) 952 1,165 (213) Adjusted net income (2) 54 60 (6) 677 1,145 (468) Operating margin % 2.9% 3.5% (0.6) pp 6.5% 8.4% (1.9) pp EBITDAR (excluding special items) (2) 543 521 22 2,851 2,928 (77) EBITDAR margin (excluding special items) % (2) 12.8% 13.6% (0.8) pp 15.8% 18.0% (2.2) pp Unrestricted liquidity (3) 5,725 4,181 1,544 5,725 4,181 1,544 Net cash flows from operating activities 360 389 (29) 2,695 2,738 (43) Free cash flow (2) 141 (43) 184 791 1,056 (265) Adjusted net debt (2) 5,858 6,116 (258) 5,858 6,116 (258) Return on invested capital (“ROIC”) % (2) 12.6% 15.3% (2.7) pp 12.6% 15.3% (2.7) pp Leverage ratio (2) 2.1 2.1 - 2.1 2.1 - Diluted earnings per share $ (0.85) $ 0.02 $ (0.87) $ 0.60 $ 7.31 $ (6.71) Adjusted earnings per share – diluted (2) $ 0.20 $ 0.22 $ (0.02) $ 2.45 $ 4.11 $ (1.66) Operating Statistics (4) % Change % Change Revenue passenger miles (“RPM”) (millions) 20,801 19,396 7.2 92,360
    [Show full text]
  • 44°52'51”N/063°30'33”W
    2015 ANNUAL REPORT 44°52’51”N/063°30’33”W wayp ints 1 Bell Boulevard, Enfield, N.S. B2T 1K2 Tel: 902.873.4422 Fax: 902.873.4750 HALIFAX INTERNATIONAL AIRPORT AUTHORITY www.flyhalifax.com 44°52’51”N/063°30’33”W wayp ints Whether you’re flying In aviation, these markers are called ‘waypoints.’ They’re the physical landmarks and coordinates that a plane or growing an connect the dots between departure and arrival. international airport, Our 2015 annual report chronicles the many waypoints that defined and measured Halifax clear navigation is key to International Airport Authority’s progress throughout the year. These accomplishments – from increased reaching your destination. property development to improved customer experience – are waypoints along the path to But that end-point fulfilling our mission of being a ‘world-class airport creating prosperity for our region by connecting doesn’t just appear. Atlantic Canada to the world through flight.’ The journey is marked by milestones that confirm you’re on the right path. HALIFAX INTERNATIONAL AIRPORT AUTHORITY – ANNUAL REPORT 2015 1 Message from the Chair As I took on the role of Chair in early 2015, after serving on the Board of Halifax International Airport Authority for almost a decade, I already knew just how important our airport is to business in the region. Wadih M. Fares Chair of the Board of Directors There are big numbers to support that. Halifax Stanfield is a major economic engine for the province, responsible It’s based on these emotional for a total of 13,295 full-time equivalent positions, including 5,725 direct jobs, connections that we developed and over $600 million in wages and salaries.
    [Show full text]
  • May 2019 Vol
    BUSINESS & COMMERCIAL AVIATION TRACING THE SINGLE-ENGINE TURBOPROP UNRELIABLE AIRSPEED READI MAY 2019 $10.00 www.bcadigital.com ALSO IN THIS ISSUE Unreliable Airspeed Readings Business & Commercial Aviation Operating Into Moscow Staying on Glidepath Incapable of Flight NGS STAYING ON GLIDEPATH MAY 2019 VOL. 115 NO. 5 Tracing the Single- Engine Turboprop Novelty aircraft become business assets Digital Edition Copyright Notice The content contained in this digital edition (“Digital Material”), as well as its selection and arrangement, is owned by Informa. and its affiliated companies, licensors, and suppliers, and is protected by their respective copyright, trademark and other proprietary rights. Upon payment of the subscription price, if applicable, you are hereby authorized to view, download, copy, and print Digital Material solely for your own personal, non-commercial use, provided that by doing any of the foregoing, you acknowledge that (i) you do not and will not acquire any ownership rights of any kind in the Digital Material or any portion thereof, (ii) you must preserve all copyright and other proprietary notices included in any downloaded Digital Material, and (iii) you must comply in all respects with the use restrictions set forth below and in the Informa Privacy Policy and the Informa Terms of Use (the “Use Restrictions”), each of which is hereby incorporated by reference. Any use not in accordance with, and any failure to comply fully with, the Use Restrictions is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum possible extent. You may not modify, publish, license, transmit (including by way of email, facsimile or other electronic means), transfer, sell, reproduce (including by copying or posting on any network computer), create derivative works from, display, store, or in any way exploit, broadcast, disseminate or distribute, in any format or media of any kind, any of the Digital Material, in whole or in part, without the express prior written consent of Informa.
    [Show full text]
  • Commercial Airplane Certification Process Study an Evaluation of Selected Aircraft Certification, Operations, and Maintenance Processes
    Intentionally Left Blank Commercial Airplane Certification Process Study An Evaluation of Selected Aircraft Certification, Operations, and Maintenance Processes The Report of the FAA Associate Administrator for Regulation and Certification’s Study on the Commercial Airplane Certification Process March 2002 Third Printing– i – April 2, 2002 Commercial Airplane Certification Process Study Intentionally Left Blank – ii – Certification Process Study Team – iii – Commercial Airplane Certification Process Study – iv – US Department of Transportation Federal Aviation Administration March 14, 2002 Federal Aviation Administration Associate Administrator for Regulation and Certification 800 Independence Avenue, S.W. Washington, DC 20591 Dear Mr. Sabatini, It is a pleasure to forward the team’s report, Commercial Airplane Certification Process Study – An Evaluation of Selected Aircraft Certification, Operations, and Maintenance Processes. The main objective of this evaluation was to identify opportunities for process improvements, and I am confi- dent that this study has met that goal. The findings and observations contained in this document should form the basis for additional efforts, enabling a remarkable safety system to become even bet- ter. In the course of this year’s work, the team and I have frequently remarked on how successful the vast majority of today’s processes and procedures are in accomplishing their safety objectives. This does not imply that there are not areas that could be improved upon, and this study identifies some of them. However, I suggest that as we move forward with the identification and implementation of improvements, due consideration be given to the complex interrelationship among these many suc- cessful processes that already exist. Thank you for the opportunity to chair and lead this team.
    [Show full text]
  • 2004 Annual Report ACE Aviation Holdings Inc
    2004 Annual Report ACE Aviation Holdings Inc. Successor Company Predecessor Company - Combined (2) Predecessor Company - Highlights ACE (1) Air Canada Air Canada Period ended Three months ended Period ended Twelve months ended December 31 December 31 December 31 December 31 2004 2003 2004 2003 Financial (CDN dollars in millions except per share figures) Operating revenues 2,062 1,977 8,900 8,373 Operating income (loss) before reorganization and restructuring items (3) (77) 117 (684) Reorganization and restructuring items - (560) (871) (1,050) Non-operating expense (67) (132) (315) (282) Loss before foreign exchange on non-compromised long-term monetary items and income taxes (70) (769) (1,069) (2,016) Income (loss) for the period 15 (768) (880) (1,867) Operating margin before reorganization and restructuring items (0.1)% (3.9)% 1.3% (8.2)% EBITDAR before reorganization and restructuring items (3) 193 227 1,146 690 EBITDAR margin before reorganization and restructuring items 9.4% 11.5% 12.9% 8.2% Cash and cash equivalents (unrestricted) 1,632 670 1,632 670 Cash flows from (used for) operations (426) (20) (66) 139 Weighted average common shares used for computation - diluted (4) 90 120 - 120 Earnings (loss) per share - basic and diluted (4) $ 0.17 $ (6.39) - $ (15.53) Operating Statistics (mainline-related) (5) (6) % Change % Change Revenue passenger miles (millions) (RPM) 9,252 8,878 4 41,653 37,888 10 Available seat miles (millions) (ASM) 12,189 12,409 (2) 53,767 51,340 5 Passenger load factor 75.9% 71.5% 4.4 pts 77.5% 73.8% 3.7 pts Passenger
    [Show full text]
  • 2020 Annual Report Table of Contents
    20 20 ANNUAL REPORT 1. Highlights The financial and operating highlights for Air Canada for the periods indicated are as follows: Fourth Quarter Full Year (Canadian dollars in millions, except per share data or where indicated) 2020 2019 $ CHANGE 2020 2019 $ CHANGE FINANCIAL PERFORMANCE METRICS Operating revenues 827 4,429 (3,602) 5,833 19,131 (13,298) Operating income (loss) (1,003) 145 (1,148) (3,776) 1,650 (5,426) Income (loss) before income taxes (1,275) 172 (1,447) (4,853) 1,775 (6,628) Net income (loss) (1,161) 152 (1,313) (4,647) 1,476 (6,123) Adjusted pre-tax income (loss)(1) (1,326) 66 (1,392) (4,425) 1,273 (5,698) EBITDA (excluding special items)(1) (728) 665 (1,393) (2,043) 3,636 (5,679) Unrestricted liquidity(2) 8,013 7,380 633 8,013 7,380 633 Net cash flows from (used in) operating activities (796) 677 (1,473) (2,353) 5,712 (8,065) Free cash flow(1) (646) 426 (1,072) (3,070) 2,075 (5,145) Net debt(1) 4,976 2,841 2,135 4,976 2,841 2,135 Diluted earnings (loss) per share (3.91) 0.56 (4.47) (16.47) 5.44 (21.91) OPERATING STATISTICS(3) 2020 2019 % CHANGE 2020 2019 % CHANGE Revenue passenger miles (“RPM”) (millions) 2,432 21,403 (88.6) 23,239 94,113 (75.3) Available seat miles (“ASM”) (millions) 6,000 26,431 (77.3) 37,703 112,814 (66.6) Passenger load factor % 40.5% 81.0% (40.5) pp 61.6% 83.4% (21.8) pp Passenger revenue per RPM (“Yield”) (cents) 19.5 18.6 5.1 18.9 18.3 3.0 Passenger revenue per ASM (“PRASM”) (cents) 7.9 15.0 (47.4) 11.6 15.3 (23.9) Operating revenue per ASM (cents) 13.8 16.8 (17.8) 15.5 17.0 (8.8) Operating expense
    [Show full text]
  • Statement of Claim
    Form 4.02A 2015 Hfx. No. ~~1- SUPREME COURT OF NOVA SCOTIA BETWEEN: KATHLEEN CARROLL-BYRNE, ASHER HODARA and GEORGES LIBOY PLAINTIFFS -AND- Court Administration AIR CANADA, AIRBUS S.A.S., NAV CANADA, APR 2 8 2015 HALIFAX INTERNATIONAL AIRPORT AUTHORITY, THE ATTORNEY GENERAL OF CANADA representing Her Majesty the Queen in right of Canada, JOHN DOE #1 Halifax, N.S. and JOHN DOE #2 DEFENDANTS Proceeding under the Class Proceedings Act, S.N.S 2007, c. 28 Notice of Action TO: AIR CANADA Head Office 7373 C6te-Vertu Blvd, West Saint-Laurent, QC H4S 123 AND TO: AIRBUS S.A.S Airbus Headquarters in Toulouse 1, Rond Point Maurice Bellonte 31707 Blagnac Cedex France ANDTO: NAVCANADA 77 Metcalfe Street Ottawa, ON K1P 5L6 AND TO: HALIFAX INTERNATIONAL AIRPORT AUTHORITY 1 Bell Boulevard Enfield, NS B2T 1 K2 AND TO: THE ATTORNEY GENERAL OF CANADA Atlantic Regional Office Department of Justice Canada Suite 1400, Duke Tower 5251 Duke Street Halifax, NS B3J 1P3 AND TO: JOHN DOE # 1 JOHN DOE # 2 c/o Air Canada Head Office 7373 Côte-Vertu Blvd, West Saint-Laurent, QC H4S 123 Action has been started against you The plaintiffs take action against you. The plaintiffs started the action by filing this notice with the court on the date certified by the prothonotary. The plaintiffs claim the relief described in the attached statement of claim. The claim is based on the grounds stated in the statement of claim. Deadline for defending the action To defend the action, you or your counsel must file a notice of defence with the court no more than the following number of days after the day this notice of action is delivered to you: • 15 days if delivery is made in Nova Scotia • 30 days if delivery is made elsewhere in Canada • 45 days if delivery is made anywhere else.
    [Show full text]
  • Carroll-Byrne V Air &Inada, 2019 NSSC 339 Date
    SUPREME COURT OF NOVA SCOTIA Citation: Carroll-Byrne v Air &inada, 2019 NSSC 339 Date: 20190904 Docket: HFX438657 Registry: Halifax Between: Kathleen Carroll-Byrne, Asher Hodara, and Georges Liboy Plaintiffs V. Air Canada, Airbus S.A.S., NAV Canada, Halifax International Airport Authority, The Attorney General of Canada, representing Her Majesty the Queen in right of Canada, John Doe #1, and John Doe #2 Defendants and The Canadian Transportation Accident Investigation and Safety Board and Air Canada Pilots Association Intervenors MOTION TO PRODUCE: REASONS FOR DECISION Judge: The Honourable Justice Patrick J. Duncan Heard: July 3, 2019, in Halifax, Nova Scotia Decision: September 4, 2019 Reasons: November 19, 2019 Counsel: Plaintiffs: Kate Boyle and Jamie Thomback Defendants: - Clay Hunter and Melanie Comstock (Air Canada) - John Brown and Christopher Odell (Airbus S.A.S.) - Robert Bell (NAV Canada) - Scott Campbell and Sarah Gray (Halifax International Airport Authority (HIAA)) - Angela Green and Heidi Collicutt (Attorney General of Canada) Inteiwenors: - Christopher Rootham (Air Canada Pilots Association (ACPA) - Richard Norman, Tanner Mclnnis, and Patrizia Huot (Transportation Safety Board of Canada) Page 2 By the Court: Introduction [1] On March 29, 2015, Air Canada flight 624 from Toronto to Halifax crashed 740 feet short of the runway at the Halifax International Airport, when attempting to land in a snowstorm. The plaintiffs in this matter represent a class that alleges acts of negligence on the part of the defendants, which negligence is said to have caused injury to the members of the class for which they should be compensated. The action has been certified as a class proceeding.
    [Show full text]
  • ANNUAL REPORT 2015 01 HIGHLIGHTS the Financial and Operating Highlights for Air Canada for the Periods Indicated Are As Follows
    ANNUAL REPORT 2015 01 HIGHLIGHTS The financial and operating highlights for Air Canada for the periods indicated are as follows. FOURTH QUARTER FULL YEAR CANADIAN DOLLARS IN MILLIONS, EXCEPT WHERE INDICATED 2015 2014 $ Change 2015 2014 $ Change FINANCIAL PERFORMANCE METRICS Operating revenues 3,182 3,104 78 13,868 13,272 596 Operating income 158 106 52 1,496 815 681 Non-operating expense (274) (206) (68) (1,188) (710) (478) Net income (loss) (116) (100) (16) 308 105 203 Adjusted net income (1) 116 67 49 1,222 531 691 Operating margin % 5.0% 3.4% 1.6 pp 10.8% 6.1% 4.7 pp EBITDAR (1) 425 319 106 2,534 1,671 863 EBITDAR margin % (1) 13.4% 10.3% 3.1 pp 18.3% 12.6% 5.7 pp Unrestricted liquidity (2) 2,968 2,685 283 2,968 2,685 283 Net cash flows from operating activities 238 16 222 2,012 954 1,058 Free cash flow (1) (376) (370) (6) 197 (547) 744 Adjusted net debt (1) 6,291 5,132 1,159 6,291 5,132 1,159 Return on invested capital (“ROIC”) % (1) 18.3% 12.1% 6.2 pp 18.3% 12.1% 6.2 pp Diluted earnings per share $ (0.41) $ (0.35) $ (0.06) $ 1.03 $ 0.34 $ 0.69 Adjusted earnings per share – diluted (1) $ 0.40 $ 0.23 $ 0.17 $ 4.18 $ 1.81 $ 2.37 OPERATING STATISTICS (3) % Change % Change Revenue passenger miles (“RPM”) (millions) 15,301 14,090 8.6 67,545 61,616 9.6 Available seat miles (“ASM”) (millions) 18,869 17,403 8.4 80,871 73,889 9.4 Passenger load factor % 81.1% 81.0% 0.1 83.5% 83.4% 0.1 Passenger revenue per RPM (“Yield”) (cents) 18.2 19.2 (5.5) 18.0 18.9 (4.6) Passenger revenue per ASM (“PRASM”) (cents) 14.7 15.6 (5.3) 15.1 15.8 (4.4) Operating
    [Show full text]