Air Canada reported a system load factor of 86.8 percent on a consolidated basis with Jazz (from which Air Canada purchases regional capacity), matching last year’s record for the same month. System traffic increased 7.1 percent on a system wide capacity increase of 7 percent.

Air France-KLM is considering starting a low-cost domestic carrier in order to compete with low-cost rivals, according to press reports. The company would not comment, but the French news agency AF reported that the airline is considering setting up a new entity within the airline that could compete with low-cost carriers that are eating into the airline’s market share.

The U.S. hotel industry posted increases in all three key performance measurements during July 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy was up 7 percent to 67.9 percent, average daily rate ended the month with a 1.3 percent increase to $99.14, and revenue per available room for the month rose 8.5 percent to finish at $67.35.

A consortium of Mexican businessmen called Tenedora K has purchased 95 percent of Mexicana Airlines’ holding company in the hopes that they can save the struggling carrier. The consortium bought 95 percent of Nuevo Grupo Aeronautico as well as domestic airlines Mexicana Click and Mexicana Link.

Air Canada reported a quarterly net loss of C$203 million ($199.6 million), but an increase in operating income of C$75 million ($73.5 million), a considerable improvement over last year’s operating loss of $113 million ($110.8 million).
Hyatt Hotels Corporation reported second quarter adjusted EBITDA was $135 million compared to $120 million in the second quarter of 2009, an increase of 12.5 percent (11.8 percent excluding the effect of currency).
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