Continued Strong EBITDAR Margins
Building on Cost Productivity Focus
On a cumulative four-year basis, Air Canada's CASM performance was materially better than
both WestJet's and the U.S. legacy carriers
WestJet
32.8%
6.9%
37.8%
Air Canada
(7.1%)
(12.9%)
U.S. Legacy Carriers
6.1%
10.9%
ASM % Change (2012-2016)
WestJet CASM, excluding fuel and employee profit share % Change (2012-2016)
Air Canada Adjusted CASM % Change (2012-2016)
Air Canada Adjusted CASM % Change (2012-2016). Normalized for the impact of the
USD/CAD exchange rate on operating expenses using 2012 as the base year
U.S. Legacy Carriers CASM % Change (2012-2016)
.
U.S. Legacy Carriers:
Includes Delta Airlines,
United Airlines and American
Airlines. CASM excludes fuel
and special items/charges.
Excludes third-party business
expenses at United Airlines
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