WestJet
TSX : WJA

WestJet

January 17, 2008 10:44 ET

WestJet's Culture Success All About the People

Airline wins Most Admired Corporate Culture award for the third year in a row

CALGARY, ALBERTA--(Marketwire - Jan. 17, 2008) - WestJet (TSX:WJA) today announced it holds the title of Canada's Most Admired Corporate Culture for the third year in a row. The award, presented each year by Waterstone Human Capital, was also given to WestJet in 2005 and 2006.

"This accolade is the result of WestJetters' relentless commitment to our culture and values," said Sean Durfy, WestJet President and CEO. "Being successful in the airline industry is extremely difficult. Our culture and our people are great constants and is what has helped us to achieve tremendous growth and success over the last 11 years and will continue to drive our success.

"We share this award with our guests who experience our culture daily through our world-class guest experience. We thank Waterstone Human Capital for this honour and for recognizing the importance of corporate culture in maintaining a successful organization," said Sean Durfy. "A heartfelt thank you also goes out to all of our WestJetters for demonstrating how they care about each other and our guests every day. They have earned this award."

The 2007 award submissions were evaluated and ranked by a board of governors. Information was gathered through direct interviews with chief executives at Canada's top 500 companies. This year's 10 Most Admired companies average three-year revenue growth of 56 per cent; outpacing the S&P/TSX 60 Index's of 16 per cent. Three-year asset growth for the 10 companies averages 63 per cent, well-ahead of the S&P/TSX 60 at 13 per cent.

The airline held an internal nomination contest to decide which of the over 6,700 dedicated WestJetters will attend the January 28 awards ceremony and accept this prestigious award on the Company's behalf.

About WestJet

WestJet is Canada's leading low-cost, high-value airline offering scheduled service throughout its 45-city North American and Caribbean network. Named Canada's most admired corporate culture in 2005, 2006 and 2007, WestJet pioneered low-cost flying in Canada. With increased legroom and leather seats on its modern fleet of 70 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.

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