cost per available seat mile (CASM), excluding fuel and

Air Canada’s cost per available seat mile (CASM) decreased 6.0 per cent from 2015.

Existing plans and initiatives which would be expected, over the medium term, to lower Air Canada's cost per available seat mile ("CASM") by up to approximately 15 per cent.

Passenger revenue per available seat mile ("RASM") increased 5.0 per cent from the first quarter of 2011, and reflected improvements in all markets.

The company warned earlier this month that its revenue per available seat mile will be flat- to negative two per cent this quarter due in part to the possible pilot strike.

The company warned earlier this month that its revenue per available seat mile will be flat- to negative two per cent this quarter due in part to the possible pilot strike.