WestJet Airlines posts highest ever load factor in 12 years


#1

WestJet Airlines released this press information today with an 88.4 percent load factor. All of that with a fairly significant increase in available seat-miles too…read for yourself.

micro.newswire.ca/release.cgi?rk … -2&Start=0

**WestJet announces all-time record load factor of 88.4 per cent **
<<
Airline also boosts capacity and revenue passenger miles by over
20 per cent
>>

CALGARY, Sept. 4 /CNW/ - WestJet today released August traffic

statistics, announcing a 12-year record-high load factor of 88.4 per cent.
This was accompanied by a 22.4 per cent increase in revenue passenger miles
and growth in capacity, measured in available seat miles, of 21.9 per cent.
"We are extremely pleased with our record load factor for August,"
commented Sean Durfy, WestJet President and CEO. "Our people continue to
demonstrate our ability to significantly outperform the industry, achieving
these results while growing our available seat miles and our revenue passenger
miles by over 20 per cent. The effort required to run our operations
efficiently at an 88.4 per cent load factor takes extraordinary commitment
from WestJetters.
“Year over year, we flew over 145,000 more guests this August. Our
ever-strengthening brand driven by our people is continuing to attract more of
the travelling public to WestJet. Thank you to our WestJetters who delivered a
great guest experience to a record number of guests.”

<<
                     August 2008 Traffic Results

-------------------------------------------------------------------------
                                  August 2008     August 2007     Change
-------------------------------------------------------------------------
Load Factor                           88.4%           88.0%      0.4 pts.
-------------------------------------------------------------------------
Available Seat Miles (ASM)       1.577 billion   1.294 billion      21.9%
-------------------------------------------------------------------------
Revenue Passenger Miles (RPM)    1.394 billion   1.139 billion      22.4%
-------------------------------------------------------------------------

-------------------------------------------------------------------------
                                  Year-to-date    Year-to-date
                                      2008            2007        Change
-------------------------------------------------------------------------
Load Factor                           81.6%           82.2%    (0.6) pts.
-------------------------------------------------------------------------
Available Seat Miles (ASM)      11.434 billion   9.502 billion      20.3%
-------------------------------------------------------------------------
Revenue Passenger Miles (RPM)    9.333 billion   7.808 billion      19.5%
-------------------------------------------------------------------------
>>

Sean Durfy continued, "Third quarter revenue per available seat mile

(RASM) is tracking to comparable year-over-year levels."

This disclosure may contain forward-looking statements and is subject to,

and may be affected by, numerous risks and uncertainties, some of which are
beyond WestJet’s control. WestJet’s results may differ materially from those
expressed in or implied by such statements. Factors that could cause or
contribute to these differences include, but are not limited to: changes in
government policy, exchange rates, interest rates, disruption of supplies,
volatility of fuel prices, terrorism, general economic conditions, the
competitive environment and other factors described in WestJet’s public
reports and filings. Forward-looking statements are subject to change and
WestJet does not undertake to update, correct or revise any forward-looking
information as a result of any new information, future events or otherwise.

About WestJet

WestJet is Canada's leading high-value low-cost airline offering

scheduled service throughout its 51-city North American and Caribbean network.
Named Canada’s most admired corporate culture in 2005, 2006 and 2007, WestJet
pioneered low-cost flying in Canada. WestJet offers increased legroom and
leather seats on its modern fleet of 76 Boeing Next-Generation 737 aircraft
and live seatback television provided by Bell ExpressVu. With future confirmed
deliveries for an additional 45 aircraft, bringing its fleet to 121 by 2013,
WestJet strives to be the number one choice for travellers.

For further information: Media Contacts: Gillian Bentley, Media
Relations, telephone: 1-888-WJ 4 NEWS (1-888-954-6397), e-mail:
gbentley@westjet.com


#2

The western Canadian economy is booming due to the “oil shale/oil sands rush”