GDR Posted February 3, 2011 Share Posted February 3, 2011 WestJet boosts capacity in January as demand up3 minutes ago by Thomson Reuters* January load factor 77.8 pct vs year-earlier 78.8 pct* Traffic up 9.7 percent, capacity climbs 11.2 pct* Sees improved pricing, demand, business bookings (Adds company comments, stock price)OTTAWA, Feb 3 (Reuters) - WestJet Airlines Ltd <WJA.TO>, Canada's No. 2 carrier, said on Thursday that it boosted capacity in January, resulting in it flying slightly emptier planes than it did the year before.WestJet said demand for air travel is rising and so are prices, allowing it to increase capacity. It said it was also encouraged by growth in business bookings.The Calgary-based airline said its load factor, the percentage of available seats filled with paying customers, fell to 77.8 percent from 78.8 percent in January 2010 due to the higher number of seats available.Load factor is a key industry measurement. It was the second-highest for the month of January in WestJet's history, the company said."Our capacity additions continue to be absorbed and we are happy with our strong January load factor," WestJet Chief Executive Gregg Saretsky said in a statement.Traffic, or revenue passenger miles, rose 9.7 percent, while capacity, or available seat miles, increased by 11.2 percent from the year-prior period.Shares of WestJet, which reports quarterly financial results on Feb. 9, were unchanged at C$13.28 on the Toronto Stock Exchange on Thursday morning.(Reporting by Susan Taylor, with additional reporting by Isheeta Sanghi in Bangalore; editing by Peter Galloway) Link to comment Share on other sites More sharing options...
CanadaEH Posted February 4, 2011 Share Posted February 4, 2011 Hey Bean, what are you projecting for Q4? Link to comment Share on other sites More sharing options...
Kip Powick Posted February 4, 2011 Share Posted February 4, 2011 CanadaEH.....Most of your avatars are OK but the one you are using now........Wow.....how does she ever stand up???.... and I can only imagine, (can't get rid of that picture ), what she will look like when she hits 50-60 years Link to comment Share on other sites More sharing options...
Thebean Posted February 4, 2011 Share Posted February 4, 2011 Hey Bean, what are you projecting for Q4?LF of 78.5%BELF of 72%Operating profit of $55.2m Link to comment Share on other sites More sharing options...
J.O. Posted February 5, 2011 Share Posted February 5, 2011 CanadaEH.....Most of your avatars are OK but the one you are using now........Wow.....how does she ever stand up???.... and I can only imagine, (can't get rid of that picture ), what she will look like when she hits 50-60 years Don't worry Kip. Those implants will help to overcome the effects of time and gravity. Link to comment Share on other sites More sharing options...
CANCELIFR Posted February 5, 2011 Share Posted February 5, 2011 Let me guess CE, you're not a leg man. Link to comment Share on other sites More sharing options...
CanadaEH Posted February 5, 2011 Share Posted February 5, 2011 What gave it away? Link to comment Share on other sites More sharing options...
MD2 Posted February 13, 2011 Share Posted February 13, 2011 LF of 78.5%BELF of 72%Operating profit of $55.2m For WestJet or for Porter??!! Link to comment Share on other sites More sharing options...
CanadaEH Posted February 13, 2011 Share Posted February 13, 2011 Definitely not Porter. I'm not sure profit is in Porters vocabulary. Link to comment Share on other sites More sharing options...
Seeker Posted February 13, 2011 Share Posted February 13, 2011 Let me guess CE, you're not a leg man. In the immortal words of Jerry Seinfeld: "Why would I be a leg man? I don't need legs. I have legs." Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.