04-Mar-2010 1:30 PM
Allegiant, AirTran & WestJet increase capacity in Feb-2010/1Q2010; WestJet upgrades 1Q RASM forecast
Analysis
WestJet CEO, Sean Durfy, upon the release of the carrier's Feb-2010 traffic results, commented that "while we are seeing signs of a slight, albeit slow, improvement in the demand environment, first quarter RASM is tracking to an anticipated decline of less than 3%". He added, "we are encouraged by these positive indications and feel well positioned to capitalise on improving industry conditions."
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