MONTREAL — As ********** reported a record load factor for the year 2014 it also announced that it may leave Toronto’s downtown island airport.

“While **********’s traffic and load factor at Billy Bishop Toronto City Airport increased in 2014 over the previous year, as part of its continuing cost transformation initiatives, ********** is assessing the viability of Billy Bishop operations based on current imposed terminal rates and terms,” said a statement from the carrier.

For the month of December 2014, ********** reported a near record system load factor of 82.6%, its second highest system load factor ever on a system-wide capacity increase of 8.5%, versus a load factor of 82.7% in December 2013. On this additional capacity, system wide traffic for December increased 8.3%. For the full year 2014, load factor was a record 83.4%, versus 82.8% in 2013, an increase 0.6 percentage points.

********** reports traffic results on a system-wide basis, including ********** rouge, which began operations on July 1, 2013, and regional airlines from which ********** purchases capacity.

According to Calin Rovinescu, President and Chief Executive Officer, “led by an increase in traffic in the U.S. transborder market of 16.2%, ********** generated greater traffic for the month of December in all markets the ******* serves. These strong results, for both the month and full year, underscore the effectiveness of our commercial strategy focusing on international growth and the strategic deployment of ********** rouge to compete more effectively in leisure markets”.