WestJet Reports August Traffic Results
WestJet | Sep. 07, 2006
On 7th September, WestJet announced its traffic statistics for August 2006 with revenue passenger miles (RPMs) increasing 19% to 951.7 million for August this year, up from 797.5 million in August 2005. Year to date, RPMs increased 22% to 6,472.2 million from 5,294.1 million in the same period in 2005.
WestJet's load factor for August 2006 was 84.5%, compared with 83.5% in August 2005. During the first eight months of 2006, the Company's load factor increased 4.7 percentage points to 79.7% compared with 75.0% during the same period in 2005.
"WestJet's focused and consistent strategy has produced another month of strong results," stated WestJet's President, Sean Durfy. "The evident theme in our monthly traffic statistics is that the market is readily absorbing capacity increases. August was no exception, with an 18% increase in available seat miles and a 19% increase in revenue passenger miles, WestJet's load factor remained strong at 84.5%. This healthy yield environment along with our low-cost structure gives us confidence that we will continue to produce strong results."
Available seat miles (ASMs) grew 18% to 1,126.9 million in August 2006, up from 955.1 million in August 2005. Year to date, ASMs have increased 15% to 8,123.4 million, up from 7,058.9 million in the same eight-month period in 2005.
Marking its tenth anniversary this year, WestJet is Canada's leading low-fare airline offering scheduled service throughout its 33-city North American network. Named Canada's most respected corporation for customer service in 2005, WestJet pioneered low-cost high-value flying in Canada. With increased legroom and leather seats on its modern fleet of Boeing Next-Generation 737 aircraft, and live seatback television provided by Bell ExpressVu on the majority of its fleet, WestJet strives to be the number one choice for travellers.