WestJet reports Jan-09 traffic results
Tags :
North America,
Westjet,
traffic
WestJet announced (04-Feb-09) strong January traffic results with a record January load factor of 76.8%. Revenue passenger miles (RPM) increased 10.3% year over year and capacity, measured in available seat miles (ASM), grew 9.4% over the same period.
Sean Durfy, WestJet President and CEO commented, “We are pleased with our increased load factor for the month of January. Our traffic results demonstrate the success of our efforts to continue to profitably grow. With over 35,000 more guests coming onboard this January compared to last, we are further penetrating all the markets we serve.
Sean Durfy added, “Given the continuing economic downturn, we are cautious with respect to our year-over-year revenue per available seat mile (RASM) predictions. It is difficult to compare the first quarter of 2009 to our record first quarter of 2008 that saw us increase RASM by eight per cent year over year. Our first quarter of 2008 benefited from Easter taking place in March as well as a more robust economy in Western Canada. Presently, we are seeing downward pressure on our yields, contributing to an expected decline in year-over-year RASM for the first quarter of 2009."
(c) Centre for Asia Pacific Aviation. Date posted: 05-Feb-09
For in-depth analysis of the low cost airline sector worldwide, subscribe now to the peerless Peanuts! Weekly
Other Westjet News |
WestJet reports Jan-09 traffic results 
