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WestJet Airlines Ltd
Symbol WJA
Shares Issued 114,026,227
Close 2018-01-10 C$ 24.87
Market Cap C$ 2,835,832,265
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WestJet Airlines' December load factor at 83.6%

2018-01-11 06:19 ET - News Release

Mr. Gregg Saretsky reports

WESTJET REPORTS RECORD DECEMBER LOAD FACTOR OF 83.6 PER CENT

WestJet Airlines Ltd. has released December, 2017, traffic results with a load factor of 83.6 per cent, an increase of 2.8 percentage points year over year. Revenue passenger miles (RPMs), or traffic, increased 9.8 per cent year over year, and capacity, measured in available seat miles (ASMs), grew 6.0 per cent over the same period. The airline flew a record 2.1 million guests in December, a year-over-year increase of 10.0 per cent or approximately 190,000 additional guests.

"We are very pleased with our significant growth in traffic, as we reported a record December load factor and flew a record number of guests in December," said WestJet president and chief executive officer Gregg Saretsky. "I want to thank our more than 13,000 WestJetters for their efforts in providing our guests with a safe, caring and friendly travel experience through the extremely busy holiday season."

                DECEMBER, 2017, TRAFFIC RESULTS
    
                         December, 2017         December, 2016

Load factor                       83.6%                  80.8%
ASMs (billions)                   2.754                  2.598
RPMs (billions)                   2.303                  2.098

                                Q4 2017                Q4 2016

Load factor                       82.6%                  80.2%
ASMs (billions)                   7.659                  7.253
RPMs (billions)                   6.329                  5.816

                         Full year 2017         Full year 2016

Load factor                       83.6%                  81.8%
ASMs (billions)                  30.998                 29.298
RPMs (billions)                  25.904                 23.968

In December, WestJet and Delta Air Lines announced an agreement to form a commercial joint venture which will offer customers access to an extensive transborder route network, world-class airline products, enhanced frequent flyer benefits, shared airport facilities and amenities, and a more seamless travel experience. The joint venture arrangement is subject to execution of definitive arrangements, board approvals and applicable regulatory approvals in Canada and the United States.

About WestJet Airlines Ltd.

WestJet is proud to be named best airline in Canada and one of the best low-cost airlines in North America, based on authentic reviews from the travelling public on trip adviser, the world's largest travel site. Together with its regional airline, WestJet Encore, the company 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 airline partnerships.

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