04-Dec-2009 2:40 PM
WestJet expecting double-digit RASM reduction in 4Q2009; Ryanair pax up 15%; Tiger to launch an IPO
Analysis
WestJet, upon the release of its Nov-2009 traffic results, stated it anticipates revenue per available seat mile (RASM) to decline by 11-13% year-on-year in 4Q2009, an improvement from a 15.5% decline in 3Q2009, due to challenges experienced in the transition to its new SabreSonic reservations system.
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