WestJet Reports 70.9% September Load Factor
October 6, 2005
WestJet (TSX:WJA) announced its traffic statistics for September 2005 today, featuring a 17.6% increase in revenue passenger miles (RPMs) to 656.7 million, up from 558.6 million in September 2004. Year to date, RPMs increased 29.4% to 5,950.8 million from 4,597.6 million in the same period in 2004.
Available seat miles (ASMs) grew 18.3% to 926.4 million in September 2005, up from 783.1 million in September 2004. Year to date, ASMs have increased 23.3% to 7,985.2 million, up from 6,474.4 million in the same nine-month period in 2004.
WestJet's load factor for September 2005 was 70.9% compared with 71.3% in September 2004. During the first nine months of 2005, the company's load factor increased 3.5 percentage points to 74.5% compared with 71.0% during the same period in 2004.
Clive Beddoe, WestJet's President and CEO, said today: "We are pleased to finish the third quarter with strong performance including positive numbers for our September traffic statistics. These numbers indicate the capacity we are adding into the system continues to be absorbed by the market."
WestJet is Canada's leading low-cost airline offering scheduled service throughout its 34-city North American network. Named Canada's most respected corporation for customer service in 2005, 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 its 737-700 fleet, WestJet strives to be the number one choice for travellers.
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