Table 3
Income statement, 2009 and 20101

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Income statement, 2009 and 2010

Table summary
This table displays the results of income statement levels i and ii, level iii, levels i to iii and 2009, calculated using 2009, 2010, change from  2009 to 2010, thousands of dollars and percent units of measure appearing as column headers.
  Levels I and II Level III Levels I to III
2009 2010 Change from  2009 to 2010 2009 2010 Change from  2009 to 2010 2009 2010 Change from  2009 to 2010
  thousands of dollars percent thousands of dollars percent thousands of dollars percent
Operating revenues  
Scheduled services 12,260,892 14,238,962 16.1 356,408 156,677 -56.0 12,617,300 14,395,638 14.1
Passengers 11,714,270 13,509,565 15.3 280,207 136,559 -51.3 11,994,478 13,646,124 13.8
Goods 546,622 729,396 33.4 76,200 20,118 -73.6 622,822 749,514 20.3
Charter services 1,258,092 1,424,866 13.3 720,273 715,664 -0.6 1,978,365 2,140,530 8.2
Passengers 949,807 1,104,595 16.3 618,416 626,898 1.4 1,568,223 1,731,492 10.4
Goods 308,286 320,272 3.9 101,857 88,767 -12.9 410,143 409,038 -0.3
Other flying services 0 7,240 Note ...: not applicable 24,041 23,641 -1.7 24,041 30,881 28.5
Subsidies 0 0 Note ...: not applicable 0 0 Note ...: not applicable 0 0 Note ...: not applicable
Net incidental air transport
related revenue		 620,172 681,884 10.0 158,815 110,715 -30.3 778,988 792,599 1.7
Total operating revenues 14,139,157 16,352,952 15.7 1,259,536 1,006,698 -20.1 15,398,693 17,359,649 12.7
Operating expenses  
Maintenance, ground property
and equipment		 91,073 92,346 1.4 39,701 38,602 -2.8 130,774 130,948 0.1
Aircraft operations 7,143,086 7,877,984 10.3 655,270 554,544 -15.4 7,798,356 8,432,528 8.1
Maintenance, flight equipment 1,564,644 1,607,512 2.7 243,049 167,938 -30.9 1,807,692 1,775,450 -1.8
General services and administration 4,454,236 5,124,876 15.1 192,361 144,970 -24.6 4,646,596 5,269,846 13.4
Depreciation 823,249 855,316 3.9 64,490 63,082 -2.2 887,739 918,398 3.5
Total operating expenses 14,076,287 15,558,034 10.5 1,194,871 969,136 -18.9 15,271,157 16,527,170 8.2
Operating income (loss) 62,870 794,918 Note ...: not applicable 64,666 37,562 -41.9 127,536 832,480 552.7
Non-operating income (expenses)  
Capital gains (losses), net -94,676 -15,795 -83.3 3,447 4,945 43.5 -91,228 -10,850 -88.1
Interest and discount income 16,612 32,070 93.0 538 14,427 Note ...: not applicable 17,150 46,497 171.1
Interest expenses 423,108 429,786 1.6 19,728 18,215 -7.7 442,836 448,001 1.2
Miscellaneous non-operating income
(expenses), net		 640,341 82,510 -87.1 12,519 -14,922 Note ...: not applicable 652,860 67,588 -89.6
Total non-operating income (expenses),
net		 139,170 -331,002 Note ...: not applicable -3,224 -13,765 326.9 135,946 -344,767 Note ...: not applicable
Income (loss) before provision
for income taxes		 202,040 463,916 129.6 61,441 23,797 -61.3 263,482 487,713 85.1
Provision for income taxes (tax
refund)		 28,216 33,964 20.4 14,951 8,278 -44.6 43,168 42,243 -2.1
Net income (loss) 173,824 429,952 147.3 46,490 15,519 -66.6 220,314 445,470 102.2
... not applicable
1.
Canadian Level IV air carriers reported $1.1 billion in revenue in 2010, up from $888.4 million in 2009. In 2010, the revenues for helicopters and for fixed-wing aircraft totalled $831.1 million and $239.9 million, respectively.
Note(s):
Level I air carriers (2009). This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, transported at least 1 million revenue passengers or at least 200 thousand tonnes of cargo.
Level I air carriers (2010). This includes every Canadian air carrier that, in the calendar year before the year in which information is provided, transported at least 2 million revenue passengers or at least 400 thousand tonnes of cargo.
Level II air carriers (2009). This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, transported (a) at least 100 thousand but fewer than 1 million revenue passengers; or (b) at least 30 thousand but less than 200 thousand tonnes of cargo.
Level II air carriers (2010). This includes every Canadian air carrier that, in the calendar year before the year in which information is provided, transported (a) at least 100 thousand but fewer than 2 million revenue passengers; or (b) at least 50 thousand but less than 400 thousand tonnes of cargo.
Level III air carriers (2009). This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, realized annual gross revenues of at least 1 million dollars for the air services for which the air carrier held a licence.
Level III air carriers (2010). This includes every Canadian air carrier that (a) is not a level I air carrier or level II air carrier; and (b) in the calendar year before the year in which information is provided, realized gross revenues of at least 2 million dollars for the provision of air services for which the air carrier held a licence.
Level IV air carriers (2009). This includes every Canadian air carrier that, in each of the two calendar years immediately preceding the reporting year, realized annual gross revenues of less than 1 million dollars for the air services for which the air carrier held a licence.
Level IV air carriers (2010). This includes every Canadian air carrier that (a) is not a level I air carrier, level II air carrier or level IIl air carrier; and (b) in the calendar year before the year in which information is provided, realized gross revenues of less than 2 million dollars for the provision of air services for which the air carrier held a licence.
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