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November 22 2024 / 02:27 PM
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Flair Airlines
Flair was the #1 airline in Canada for completion factor in 2023 with a 98.2% completion rate

Flair Airlines, Canada's leading low-fare airline, announced a 98.2% completion rate for 2023 - the best among all Canadian airlines. Additionally, Flair was the second most on-time airline in Canada in 2023, with an average on-time performance rate of 68.8%. Flair estimates that by providing low-fares and affordable air travel, they have saved Canadians over $415M in 2023 and over $702M since 2021.

 

Load Factor and Passengers 

Flair successfully facilitated travel for more than 296,000 passengers throughout Canada, the United States, Mexico, the Dominican Republic, and the Caribbean. The load factor, which reflects the percentage of networkwide seats sold to paying passengers, was 87% in December. For the entirety of 2023, Flair transported 4.5 million passengers, maintaining a strong 86% load factor consistently throughout the year. 

 

Completion Factor 

Flair’s overall completion factor in 2023 was 98.2% making it the best of any airline in Canada. The completion factor measures flights flown compared to those originally scheduled. Of the 1,863 scheduled Flair flights in December, 1,802 were completed representing a 96.7% completion factor. 

 

On-Time Performance (OTP) 

Flair made significant strides in punctuality throughout 2023, achieving an average OTP of 68.8%, securing its position as the second most on-time airline in Canada. In December, the OTP, representing the percentage of flights arriving within 15 minutes of the scheduled arrival time, experienced improvement, reaching 46.1%. This 7.6% enhancement compared to the previous year reflects Flair's proactive measures to enhance operational efficiency and minimize delays.

 

The “Flair Effect” 

Flair estimates that its saved Canadians approximately $702.7 million by the end of 2023, as outlined below:

  • 2021: $63.2 million
  • 2022: $223.9 million
  • 2023 (Jan-Jul actuals): $290.9 million
  • 2023 Full Year (forecasted): $415.6 million
     

The calculation methodology uses public fare data courtesy of Cirium.

Jan 18, 2024

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