Saturday May 25, 2013

QUESTION OF THE WEEK

Survey results are meant for general information only, and are not based on recognised statistical methods.



Home »  News »  Business

WestJet reports strong demand in February, pushing up traffic and load factor


Passengers wait at a Westjet Airlines check-in counter area at Calgary Airport on Feb. 16, 2010. THE CANADIAN PRESS/Larry MacDougal

CALGARY - WestJet Airlines Ltd. (TSX:WJA) said Tuesday it carried about 1.4 million passengers last month, up 5.5 per cent from the same time last year, resulting in a record load factor for a February.

WestJet's passenger traffic increased by 7.3 per cent in terms of revenue passenger miles, which rose to 1.6 billion from 1.5 billion in February 2012.

The increase came as the airline's capacity as measured by available seat miles grew 3.1 per cent to 1.87 billion from 1.81 billion a year before.

Its load factor — a measure of how full its planes were — rose to 86.1 per cent, up from 82.7 per cent in February 2012.

"We are very pleased with the record February load factor, as our capacity increases continue to be absorbed by the market," WestJet president and chief executive Gregg Saretsky said in a statement.

Porter Airlines, a regional airline based in Toronto, reported its load factor for February was 54 per cent, down 2.1 percentage points from a year earlier.

Porter reported 56.6 million revenue passenger miles, down 8.6 per cent from 61.9 million a year earlier, while available seat miles declined by 5.0 per cent to 104.9 million from 110.4 million.

"The capacity difference versus last year is attributed almost entirely to the leap year in 2012 providing an extra day of flying," said Robert Deluce, Porter's president and chief executive.

"Revenue per ASM is holding up nicely compared to last year despite significant capacity increases by other carriers on certain routes."


Comments


NOTE: To post a comment in the new commenting system you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Yahoo, OpenID. You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Thompson Citizen welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

blog comments powered by Disqus


About Us | Contact Us | Advertisers | Sitemap / RSS   Glacier Community Media: www.glaciermedia.ca    © Copyright 2013 Glacier Community Media | User Agreement & Privacy Policy

LOG IN



Lost your password?