WestJet Aug-2009 traffic down 4.7%, load factor down 3.9 ppts

WestJet traffic down 4.7% - traffic highlights in Aug-2009:

• Passenger traffic (RPMs): -4.7% year-on-year;
• Load factor: 84.5%, -3.9 ppts. [more]

WestJet: "While we are encouraged by the talk of an economic upturn, and are not seeing further declines in demand, we remain cautious about a recovery. WestJet's third quarter revenue per available seat mile (RASM) is tracking to an anticipated decline of 16 to 18 per cent compared to the third quarter of 2008," Sean Durfy, CEO. Source: WestJet.