News Releases
WestJet finalizes term sheet for two additional aircraft
CALGARY, Feb 28 /CNW/ - WestJet (TSX:WJA) today announced that it has
finalized a term sheet with Singapore Aircraft Leasing Enterprise (SALE) for
two Boeing Next-Generation 737 aircraft to be delivered in 2009. Details of
the agreement include one 700-series and one 800-series aircraft scheduled for
delivery in November and December 2009.
"As WestJet builds on its partnership with SALE we are thrilled to add
two more leased aircraft to our 2009 growth plans," said Sean Durfy, President
WestJet. "As demonstrated by our 2006 financial results, our ability to
continuously increase capacity, maintain favourable load factors and produce
profitable results gives us confidence in our continued momentum as we grow
our fleet to 85 aircraft in 2009."
WestJet currently has a registered fleet of 64 aircraft, with six
additional aircraft committed for delivery in the remainder of 2007, six
scheduled for delivery in 2008 and nine committed for delivery in 2009. By the
end of 2009, WestJet will have a registered fleet of 85 aircraft.
WestJet is Canada's leading low-fare airline offering scheduled service
throughout its 35-city North American and Caribbean network. Named Canada's
most admired corporate culture in 2006, WestJet pioneered low-cost high-value
flying in Canada. With increased legroom and leather seats on its modern fleet
of Boeing Next-Generation 737 aircraft, and live seatback television provided
by Bell ExpressVu on the majority of its fleet, WestJet strives to be the
number one choice for travellers.