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WestJet Airlines Ltd
Symbol WJA
Shares Issued 114,026,227
Close 2018-01-04 C$ 26.19
Market Cap C$ 2,986,346,885
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Globe says Air Canada, WestJet rank low for punctuality

2018-01-05 07:54 ET - In the News

See In the News (C-AC) Air Canada

The Globe and Mail reports in its Friday edition that Canada's two largest airlines have some work to do to make the list of the world's most punctual airlines. The Globe's Greg Keenan writes that neither Air Canada nor WestJet Airlines ranked among the top 20 airlines for on-time performance in 2017, as measured by aviation consulting firm OAG Aviation Worldwide Ltd. Air Canada's on-time performance stood at 67.32 per cent last year, while 76.18 per cent of WestJet's flights arrived within 14 minutes and 59 seconds of their scheduled landing times. Those numbers compare with global leader airBaltic of Latvia, which hit the 90.01-per-cent level, and Mexico-based low-cost carrier Volaris at 82.13 per cent. Air Canada took 17th spot among the big airlines, which include the four largest U.S. carriers. That category was led by Japan Airlines with an 85.27 per cent on-time performance. Among low-cost airlines, WestJet was 15th, although its 76.18 per cent was a drop from 81.36 per cent in 2016. Spain-based Vueling Airlines SA topped the list of low-cost carriers. WestJet made the top-10 North American airlines list, while Air Canada did not. Air Canada had 4,000 more flights than it did in 2016.

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