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WestJet pegs success on people and culture

21-Jun-2010

“We look at WestJet as being a completely different airline,” President Gregg Saretsky told analysts at the Bank of America Global Transportation conference last week. “It is a value-for-money type of airline; one that focuses on our guests and where 84% of employees are owners. We are at an inflection point in our history.” And that, indeed, is its culture – one that has earned it recognition for the best corporate culture in Canada. [1199 words]

Unlock the following content in this report:

Subheadings:

  • Fare flexibility and FFP
  • Yields are coming back
  • Fleet growth flexible

Graphs and data:

  • What makes WestJet different
  • Estimated leisure market size in Canada ($, bill)
  • WestJet’s profitability and margins: 2005 to 1Q2010
  • WestJet’s financial highlights: 2001 to 2009 and 1Q1010
  • WestJet vs peers’ load factors vs break-even load factors (%): 2009
  • WestJet’s market share growth drivers (%): 2005 to 2016
  • WestJet’s fleet expansion: 2005 to 2016
  • WestJet Cash, Adjusted net Debt/EBITDAR and Adjusted Debt/Equity (CAD mill): 2005 to 1Q2010
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