WestJet reports record February load factor of 86.1 per cent
CALGARY, March 5, 2013
Airline flies 1.4 million guests in the month, up 5.5 per cent
CALGARY, March 5, 2013 /PRNewswire/ - WestJet today announced February 2013
traffic results with a record load factor of 86.1 per cent. Revenue passenger
miles (RPMs), or traffic, increased 7.3 per cent year over year, and capacity,
measured in available seat miles (ASMs), grew 3.1 per cent over the same
period. The airline flew 1.4 million guests in February, a year-over-year
increase of 5.5 per cent or approximately 74,300 additional guests.
"Not only did we achieve our eighth consecutive monthly load factor record in
February, we also announced WestJet Encore's first schedule, and celebrated
WestJet's 17^th birthday," said WestJet President and CEO Gregg Saretsky. "We
are very pleased with the record February load factor, as our capacity
increases continue to be absorbed by the market. I want to thank our over
9,000 WestJetters for their commitment to providing a remarkable experience
for our growing number of guests, especially in light of the challenging
winter weather conditions."
February 2013 traffic results
February 2013 February 2012 Change
Load factor 86.1 % 82.7 % 3.4 pts.
ASMs (billions) 1.867 1.811 3.1 %
RPMs (billions) 1.608 1.499 7.3 %
Year-to-date 2013 Year-to-date 2012 Change
Load factor 83.4 % 81.3 % 2.1 pts.
ASMs (billions) 3.908 3.729 4.8 %
RPMs (billions) 3.258 3.030 7.5 %
On February 11^th, WestJet announced the first two communities that will be
serviced by WestJet Encore. Fort St. John, British Columbia, will start daily
service from Calgary and Vancouver and Nanaimo, British Columbia, will start
daily service from Calgary, commencing on June 24, 2013. WestJet also
announced new non-stop service between Toronto and Myrtle Beach, South
Carolina, and between Calgary and Dallas, Texas, beginning this spring.
"The announcements of the first two destinations to be served by our new
Bombardier Q400 NextGen fleet, as well as schedule enhancements in British
Columbia, Alberta and Saskatchewan, are an exciting start to WestJet Encore,"
said Ferio Pugliese, President, WestJet Encore and Executive Vice-President,
WestJet. "We look forward to more announcements later this year as we take
delivery of additional aircraft."
Caution regarding forward-looking statements
Certain information set forth in this news release, including information
regarding the demand environment and future service schedules contains
forward-looking statements. By their nature, forward-looking statements are
subject to numerous risks and uncertainties, some of which are beyond
WestJet's control. These forward-looking statements are based on WestJet's
existing strategy and currently available implementation plans, scheduled
aircraft deliveries, agreements and bookings, but may vary due to factors
including, but not limited to, changes in guest demand, regulatory and
competitive environment and general economic conditions. These and additional
risk factors are discussed in WestJet's most recent Annual Information Form
and in other documents WestJet files from time to time with securities
regulatory authorities, which are available under WestJet's profile on SEDAR
Readers are cautioned that undue reliance should not be placed on
forward-looking statements as actual results may vary materially from the
forward-looking statements. WestJet does not undertake to update any
forward-looking statements, except as is required by law.
WestJet is Canada's most preferred airline, offering scheduled service to 85
destinations in North America, Central America and the Caribbean. Powered by
an award-winning culture of care, WestJet pioneered low-cost flying in Canada.
Recognized nationally as a top employer, WestJet now has more than 9,000
WestJetters across Canada. Operating a fleet of more than 100 Boeing
Next-Generation 737 and Bombardier Q400 NextGen aircraft, WestJet strives to
be one of the five most successful international airlines in the world.
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