Canadian carrier Porter Airlines posted a 2.3% year-on-year decline in passenger traffic in September.
Capacity increased 6.7% as the load factor fell by 5.7 percentage points to 62.3% during the period. The airline attributes the decline to the early Labour Day holiday in August.
For the third quarter, passenger traffic rose 12.6%. Capacity was up 10.6% and the load factor rose 1.2 percentage points to 69.1%.
"Overall, we're encouraged by the entire third quarter results," says Robert Deluce, president and chief executive of Porter. "We are also seeing higher average fares with the transition back to business travel in the fall season."