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WestJet Airlines Ltd
Symbol WJA
Shares Issued 117,209,285
Close 2017-06-02 C$ 23.12
Market Cap C$ 2,709,878,669
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FP says WestJet, others told Cda's expensive for flying

2017-06-02 09:14 ET - In the News

Also In the News (C-AC) Air Canada

The Financial Post reports in its Friday edition that flights out of Canada are among the most expensive in the world. The Post's Alicja Siekierska writes that in a report by Kiwi.com detailing the average cost of air travel for both short- and long-haul flights in 80 countries, Canada ranked 65th in the world in terms of affordability, with an average flight cost of $23.90 per 100 kilometres of travel (all figures U.S.). Last year, Canada was ranked 70th. The most affordable country to fly from, according to Kiwi.com, is Malaysia, with an average cost per 100 km of $4.18. Belgium was the most expensive at $54.53 per 100 kilometres, more than double the average cost to fly from Canada. In calculating the rankings, the travel agency said it analyzed millions of flights to find the average of both short- and long-haul flights, on low-cost and full-service airlines. York University's Fred Lazar noted that it can be difficult to compare countries, because of factors such as distances for domestic and international flights. However, he said the price to fly out of Canada remains expensive because the cost of infrastructure is higher than elsewhere, and that there is an absence of competition in the air travel market.

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