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WestJet Airlines Ltd
Symbol WJA
Shares Issued 108,217,794
Close 2015-09-02 C$ 23.82
Market Cap C$ 2,577,747,853
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WestJet Airlines' August load factor at 84.6%

2015-09-03 07:59 ET - News Release

Mr. Gregg Saretsky reports

WESTJET REPORTS AUGUST LOAD FACTOR OF 84.6 PER CENT

WestJet Airlines Ltd. has released its August, 2015, traffic results with a load factor of 84.6 per cent. Revenue passenger miles (RPM), or traffic, increased 1.7 per cent year over year, and capacity, measured in available seat miles (ASM), grew 7.3 per cent over the same period. The airline flew a record two million guests in August, a year-over-year increase of 2.3 per cent, or approximately 44,000 additional guests, and achieved an on-time performance rate of 84.0 per cent in the month, an improvement of 6.3 percentage points year over year.

"We are pleased with our continued traffic growth as we welcomed almost two million guests on board in August, setting a new single-month record even as the Labour Day long weekend shifted out of August this year. The movement of this busy travel period into September contributed to the year-over-year decline from the all-time high load factor reported in August last year," said WestJet president and chief executive officer Gregg Saretsky. "My thanks go out to our more than 10,000 WestJetters for their continuing energy and passion through this busy summer period."

          AUGUST, 2015, TRAFFIC RESULTS

                    August, 2015      August, 2014

Load factor                84.6%             89.3%
ASMs (billions)            2.432             2.267
RPMs (billions)            2.057             2.023

                        YTD 2015          YTD 2014

Load factor                80.9%             82.7%
ASMs (billions)           18.279            17.223
RPMs (billions)           14.788            14.243

In August, WestJet took delivery of the first of its four wide-body Boeing 767-300ERW aircraft. Featuring a new teal and blue maple leaf-themed logo that will eventually appear on all WestJet aircraft, the airline's 767s will allow it to begin serving Europe and other regions of the world from Canada on a non-stop basis, including new service to London (Gatwick) beginning in May, 2016. Inaugural wide-body flights between Calgary and Toronto will begin in September, 2015, with service from Alberta to Hawaii and Toronto to Montego Bay beginning this winter.

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