WestJet announces March load factor of 81.9 percent
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Airline increases first quarter revenue passenger miles by 5.1% with a load factor of 81.9%. Revenue passenger miles (RPM) increased 0.6% year over year and capacity, measured in available seat miles (ASM), grew 6.3% over the same period.
WestJet President Sean Durfy announced "Overall, we are pleased with these results and our ability to increase our RPMs by 5.1%for the quarter," and CEO. "Given that last year's March benefited from Easter travel and a much stronger economy, we are encouraged by our solid March load factor that hits the top of our optimum operating range of 78 to 82%."
"Lower fuel prices are helping our overall profitability, while our
expectations for first quarter revenue per available seat mile (RASM) remain unchanged, at an expected decline of 10 to 12% year over year," continued Sean Durfy.
"In the second quarter, our limited-time offer of a WestJet Price
Guarantee appears to have increased confidence and certainty for guests hesitant to book in the current economic environment," added Sean Durfy. "Our WestJetters continue to build trust and loyalty for our brand; we thank them for their ongoing dedication that keeps us true to our high-value and low-cost model."
(c) Centre for Asia Pacific Aviation. Date posted: 07-Apr-09
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WestJet announces March load factor of 81.9 percent 
