WestJet reports October load factor of 77.4 per cent
Airline flies a record 1.6 million guests in the month and increases traffic by 6.8 per cent year over year
CALGARY, Nov. 4, 2014 /PRNewswire/ - WestJet today announced October 2014 traffic results with a load factor of 77.4 per cent. Revenue passenger miles (RPMs), or traffic, increased 6.8 per cent year over year, and capacity, measured in available seat miles (ASMs), grew 9.2 per cent over the same period. The airline flew a record 1.6 million guests in October, a year-over-year increase of 6.0 per cent or approximately 90,000 additional guests, and achieved an on-time performance rate of 87.4 per cent in the month, an improvement of 4.3 percentage points.
"We are pleased with our continued strong traffic growth as we welcomed a record 1.6 million guests into our network in October," said WestJet President and CEO Gregg Saretsky. "I want to thank our more than 10,000 WestJetters for their continued dedication and hard work as we move into our busy winter season."
October 2014 traffic results
October 2014 | October 2013 | Change | |
Load factor | 77.4% | 79.2% | (1.8 pts) |
ASMs (billions) | 2.035 | 1.864 | 9.2% |
RPMs (billions) | 1.576 | 1.476 | 6.8% |
Year-to-date 2014 | Year-to-date 2013 | Change | |
Load factor | 81.6% | 81.9% | (0.3 pts) |
ASMs (billions) | 21.241 | 19.893 | 6.8% |
RPMs (billions) | 17.323 | 16.299 | 6.3% |
WestJet will hold its quarterly analysts' conference call today, November 4, 2014, at 8 a.m. MST (10 a.m. EST). President and CEO Gregg Saretsky and Executive Vice-President of Finance and CFO Vito Culmone will discuss WestJet's third quarter 2014 results and answer questions from financial analysts and members of the media. The conference call will be available in Toronto by calling 416-915-3239, in Vancouver by calling 604-638-5340 and across Canada and the United States through the toll-free telephone number 1-800-319-4610. The call can also be heard live through an Internet webcast accessible via the Media and Investor Relations section of westjet.com.
About WestJet
We are proud to be Canada's most-preferred airline, powered by an award-winning culture of care and recognized as one of the country's top employers. We offer scheduled service to more than 90 destinations in North America, Central America, the Caribbean and Europe. Through our regional airline, WestJet Encore, and with partnerships with airlines representing every major region of the world, we offer our guests more than 120 destinations in more than 20 countries. Leveraging WestJet's extensive network, flight schedule and remarkable guest experience, WestJet Vacations delivers affordable, flexible travel experiences with a variety of accommodation options for every guest. Members of our WestJet Rewards program earn WestJet dollars on flights, vacation packages and more. Our members use WestJet dollars towards the purchase of WestJet flights and vacations packages on any day, at any time, to any WestJet destination with no blackout periods - even on seat sales. For more information about everything WestJet, please visit westjet.com.
Recent recognition includes:
2014 Interbrand Canada's Best Canadian Brands (Rank #20)
2014 Brands of the Year (Strategy magazine)
2014 Canada's Most Preferred Airline (Ipsos)
2014 Value Airline of the Year (Air Transport World magazine)
2014/2013/2012 Canada's Most Attractive Employer (Randstad)
2014/2013 WestJet RBC MasterCard ranked #1 in Canada (Money Sense magazine)
2013 Highest equity score: airline, vacation package supplier brands (Harris/Decima EquiTrend Study)
Connect with WestJet on Facebook at facebook.com/westjet
Follow WestJet on Twitter at twitter.com/westjet
Subscribe to WestJet on YouTube at youtube.com/westjet
Read the WestJet blog at blog.westjet.com
SOURCE WestJet
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