WestJet announces Feb-09 traffic results
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WestJet announced (04-Mar-09) February traffic results with a load factor of 82.6%. Revenue passenger miles (RPM) increased 5.5% year over year and capacity, measured in available seat miles (ASM), grew 5.7% over the same period.
WestJet President and CEO Sean Durfy said, "Our strong load factor is, in part, a reflection of our strong growth into Mexico and the Caribbean. Our international expansion and continued focus on transborder routes are key to driving the success of our strategic plan. We have become the preferred choice of travellers to the sun destinations we serve."
"The pricing environment has not improved and we are anticipating a decline in year-over-year first quarter revenue per available
seat mile (RASM) of 10 to 12%. This decline reflects current economic challenges, the aggressive competitive pricing we have faced and the shift of Easter to the second quarter in 2009. We are seeing cost relief, due primarily to declines in fuel costs, that is helping to partially offset the decline in RASM."
(c) Centre for Asia Pacific Aviation. Date posted: 05-Mar-09
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WestJet announces Feb-09 traffic results 
