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WestJet's short-term travel demand drops amid global financial crises, but Nov/Dec-08 looking up


WestJet Airlines stated it has seen short-term travel demand drop as the global financial crisis has intensified, but the carrier remains confident regarding its longer-term growth plans. [1170 words]

Unlock the following content in this report:


  • Load factors fall in Sep-08
  • Committed to growth strategy
  • Could face delays to B737 delivery schedule
  • Healthy balance sheet with CAD812 million in cash
  • Selects GuestLogix to innovate on-board sales
  • Interline agreement with oneworld members a way to attract increased business traffic

Graphs and data:

  • WestJet traffic highlights for Sep-08
  • WestJet passenger load factor: Jun-06 to Sep-08
  • North American carrier's domestic passenger capacity growth (% change year-on-year): Nine months ended 30-Sep-08
  • LCC & Lessor B737NG scheduled deliveries: 01-Sep-08 to 30-Jun-09
  • WestJet fleet growth plan: 2007 to FY2013
  • LCCs ancillary revenues as portion of total revenues
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