News Releases
Airline's May capacity increased 15 per cent over May last year
CALGARY, June 6 /CNW/ - WestJet (TSX:WJA) today announced its May load
factor of 80.0 per cent, exceeding May 2006 load factor by 3.1 percentage
points and setting a record load factor for the month of May. This is the
fifth consecutive month WestJet has produced a record load factor. May results
include a 15 per cent capacity increase as measured by available seat miles
(ASM) and a 20 per cent increase in revenue passenger miles (RPM).
"We are pleased that every month in 2007 has produced a record load
factor," said Sean Durfy, WestJet President. "What makes this more impressive
is our year-to-date ASM growth of 18 per cent. In May, we transitioned a
further 15 per cent of our capacity to domestic routes in order to meet summer
demand. Quarter-to-date revenue per available seat mile (RASM) is slightly
positive over last year."
"Our WestJet owners continue to deliver our exceptional guest experience
and I thank them for their continued efforts," added Sean Durfy.
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May 2007 Traffic Results
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Per cent
May 2007 May 2006 change
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Load Factor 80.0% 76.9% 3.1 pts.
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Available Seat Miles (ASM) 1,181.9 million 1,023.7 million 15%
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Revenue Passenger Miles
(RPM) 945.6 million 787.5 million 20%
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Year-to-date Year-to-date Per cent
2007 2006 change
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Load Factor 81.2% 78.7% 2.5 pts.
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Available Seat Miles (ASM) 5,761.4 million 4,894.1 million 18%
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Revenue Passenger Miles
(RPM) 4,679.3 million 3,851.7 million 21%
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>>
Correction: In the news release dated May 3, 2007 announcing April's 2007
traffic statistics, load factor for April was incorrectly stated as 82.8 per
cent. The actual load factor for April 2007 was 82.9 per cent.
This disclosure may contain forward-looking statements and are subject
to, and may be affected by, numerous risks and uncertainties, some of which
are beyond WestJet's control. WestJet's results may differ materially from
those expressed in or implied by such statements. Factors that could cause or
contribute to these differences include, but are not limited to: changes in
government policy, exchange rates, interest rates, disruption of supplies,
volatility of fuel prices, terrorism, general economic conditions, the
competitive environment and other factors described in WestJet's public
reports and filings. Forward-looking statements are subject to change and
WestJet does not undertake to update, correct or revise any forward-looking
information as a result of any new information, future events or otherwise.