WestJet
TSX : WJA

WestJet

June 06, 2006 08:30 ET

WestJet Announces Triple Play of Success for May

CALGARY, ALBERTA--(CCNMatthews - June 6, 2006) -

Record-Breaking Load Factor, On-Time Performance and Completion Rate

WestJet (TSX:WJA) announced its traffic statistics for May 2006 today, featuring a record-breaking load factor for the month of May of 76.9%, an on-time performance (OTP) of 93.4% and a completion rate of 99.8%.

"Not only was our load factor for May record-breaking, our on-time performance and completion rate for May was our strongest ever," said Clive Beddoe, WestJet's President and Chief Executive Officer. "I'm especially pleased that these results were achieved while reallocating a significant amount of our capacity from our winter schedule, which includes transborder and charter usage, to domestic operations within Canada. Our ability to maximize fleet efficiency is one of the principle reasons that WestJet is one of the few airlines in North America with positive net earnings in the first quarter."

WestJet's load factor of 76.9% was up 6.3 percentage points compared with 70.6% in May 2005. During the first five months of 2006, the Company's average load factor increased 6.6 percentage points to 78.7% compared with 72.1% during the same period in 2005.

OTP was 93.4%, up 2.1 percentage points compared to May 2005. OTP is measured as the percentage of flights operating on time within 15 minutes of the scheduled arrival time or earlier. WestJet's May completion rate was also a Company best at 99.8%. Completion rate is defined as the percentage of flights that operate in the month over the number of flights actually scheduled.

WestJet experienced a 32% increase in revenue passenger miles (RPMs) to 787.5 million, up from 597.2 million in May 2005. Year to date, RPMs increased 24% to 3,851.7 million from 3,117.6 million in the same period in 2005.

Available seat miles (ASMs) grew 21% to 1,023.7 million in May 2006, up from 845.4 million in May 2005. Year to date, ASMs have increased 13% to 4,894.1 million, up from 4,326.4 million in the same five-month period in 2005.

Marking its tenth anniversary this year, WestJet is Canada's leading low-fare airline offering scheduled service throughout its 33-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 the majority of its fleet, WestJet strives to be the number one choice for travellers.


Contact Information

  • WestJet
    Media Relations
    Gillian Bentley
    (403) 444-2615
    Website: www.westjet.com