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WestJet Airlines Ltd
Symbol WJA
Shares Issued 117,053,533
Close 2017-08-09 C$ 26.09
Market Cap C$ 3,053,926,676
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WestJet Airlines' July load factor at 85.6%

2017-08-10 07:54 ET - News Release

Mr. Gregg Saretsky reports

WESTJET REPORTS RECORD JULY LOAD FACTOR OF 85.6 PER CENT

WestJet Airlines Ltd. had July, 2017, traffic results with a load factor of 85.6 per cent, an increase of 0.4 percentage point year over year. Revenue passenger miles (RPMs), or traffic, increased 6.8 per cent year over year, and capacity, measured in available seat miles (ASMs), grew 6.4 per cent over the same period. The airline flew a record 2.2 million guests in July, a year-over-year increase of 9.1 per cent or approximately 185,000 additional guests.

"We are very pleased with our continued strong traffic growth as we achieved a record July load factor, flew a record 2.2 million guests and set an all-time single day high by flying 76,985 guests on July 27," said WestJet president and chief executive officer Gregg Saretsky. "I want to thank our almost 13,000 WestJetters for their dedication to providing a remarkable guest experience through this busy summer travel season."

                    JULY, 2017, TRAFFIC RESULTS 
  
                            July, 2017             July, 2016

Load factor                      85.6%                  85.2%
ASMs (billions)                  2.794                  2.627
RPMs (billions)                  2.392                  2.239

                     Year-to-date 2017      Year-to-date 2016

Load factor                      83.3%                  82.0%
ASMs (billions)                 18.057                 17.037
RPMs (billions)                 15.045                 13.976

In July, WestJet announced its 2017 to 2018 winter schedule that includes:

  • New non-stop weekly service from Calgary to Belize City, Belize, and new non-stop weekly service from Edmonton and Vancouver to Huatulco, Mexico;
  • Additional flights from Toronto to a number of sun destinations including Antigua, Cancun, Fort Lauderdale, Liberia, Orlando, Nassau, Puerto Plata, Punta Cana and Montego Bay;
  • Additional flights from Toronto to a number of Canadian destinations including Winnipeg and Kelowna;
  • Additional flights from Calgary to a number of sun destinations including Cancun, Cabo San Lucas, Los Angeles, Phoenix, Palm Springs and Puerto Vallarta;
  • Additional flights from Calgary to a number of domestic destinations including Kitchener, Fort McMurray, Grande Prairie, Kelowna and Brandon;
  • Additional flights from Vancouver to a number of domestic and international destinations including Cancun, Puerto Vallarta, Fort St. John, Calgary, Edmonton and Fort McMurray.

This winter WestJet will operate an average of 700 daily flights to 93 destinations including 37 in Canada, 22 in the United States, 33 in Mexico, the Caribbean and Central America, and one in Europe.

About WestJet Airlines Ltd.

The airline is proud to be Canada's most trusted airline and one of very few airlines globally that does not commercially overbook. Together with its regional airline, WestJet Encore, it offers scheduled service to more than 100 destinations in North America, Central America, the Caribbean and Europe and to more than 175 destinations in over 20 countries through its airline partnerships. WestJet Vacations offers affordable, flexible vacations to more than 60 destinations and the choice of more than 800 hotels, resorts, condos and villas. Members of the WestJet Rewards program earn WestJet dollars on flights, vacation packages and more.

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