My Account Menu

CAPA Login

Register to trial CAPA Membership!

WestJet continues profitability trend in 1Q09, but outlook more challenging


WestJet continued its profitability trend in the three months ended 31-Mar-09 (1Q09), reporting a net profit of USD32.1 million (although this represented a 28.7% year-on-year reduction), for the 16th consecutive quarter of profitability. [2888 words]

Unlock the following content in this report:


  • Industry-leading operating margin of over 10% in 1Q09
  • Ancillary revenues shine in 1Q09
  • Weakening of economic conditions effects unit revenue and yields; cost containment crucial
  • Healthy balance sheet with over CAD835 million in cash
  • Continues to grow to gain market share from rival
  • Continues effective seasonal deployment strategy
  • Flexible fleet strategy
  • Teams up with Canadian airlines and the NACC to propose own Passenger Bill of Rights
  • Delays frequent flyer programme
  • Currently in pilot contract negotiations
  • Outlook: Stronger the most in 2009

Graphs and data:

  • WestJet financial highlights for three months ended 31-Mar-09
  • WestJet operating margins (%): 2Q04 to 1Q09
  • Select North American carriers 4Q08 operating margins (%): 1Q09
  • WestJet revenue (CAD) and net profit margin (%): 4Q06 to 1Q09
  • Select North American carriers' yield (US cents per RPM): 1Q09
  • Select North American carriers' unit costs (US cents per ASM): 1Q09
  • WestJet unit cost per ASM breakdown (1Q07 to 1Q09) and year-on-year change
  • WestJet Destination Map: May-09
  • WestJet fleet plan
  • WestJet "Care-antee" Customer Service Guarantees
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.