Air Canada on Thursday reported that its load factor rose to a record high of 87.9 percent, just above the 87.8 percent for August 2011.
Traffic at Air Canada increased just 0.7 percent, while capacity, measured in available seat miles, rose 0.6 percent.
"This record load factor result for the month underscores our disciplined capacity management," chief executive Calin Rovinescu said in a statement after markets closed.
The strongest load factor gain was in Air Canada's domestic flights, a 1.2 percentage point increase.
On US trans-border flights, it rose half a percentage point and the Atlantic market declined by 1.5 percentage points. The load factor in the Australia, Caribbean, Mexico and Central and South America market rose 1 percentage point.
Year-to-date, the airline's load factor has climbed to 82.9 percent from 82.3 percent, with traffic up 2 percent and capacity just 1.3 percent higher.
Gravity always wins!