Sign in to follow this  
Marshall

WestJet and Swoop News

Recommended Posts

‎Today, ‎August ‎22, ‎2019, ‏‎2 hours ago
 

Hey Honduras! WestJet welcomes Roatán to its network

 
‎Today, ‎August ‎22, ‎2019, ‏‎2 hours ago | Canadian Aviation News

Provided by WESTJET, an Alberta Partnership

Airline brings snorkelling and diving paradise to its guests this winter from Toronto

CALGARY, Aug. 22, 2019 /CNW/ – WestJet today announced it will be adding Roatán, Honduras to its Caribbeandestinations with its new non-stop seasonal service from Toronto starting December 15.

WestJet today announced it will be adding Roatán, Honduras to its Caribbean destinations with its new non-stop seasonal service from Toronto starting December 15. (CNW Group/WESTJET, an Alberta Partnership) WestJet today announced it will be adding Roatán, Honduras to its Caribbean destinations with its new non-stop seasonal service from Toronto starting December 15. (CNW Group/WESTJET, an Alberta Partnership)

“With the addition of the snorkelling paradise of Roatán to our network, WestJet guests now have convenient access to 14 Caribbean destinations non-stop from Toronto this winter,” said Arved von zur Muehlen, WestJet Chief Commercial Officer. “Roatán is home to miles of coastline featuring barrier reefs, white sand beaches and turquoise waters and is a bucket list getaway that we can’t wait for our guests to explore starting this December.”

“We congratulate WestJet on this new service to the beautiful island of Roatán,” said Scott Collier, Vice President of Customer and Terminal Services, Greater Toronto Airports Authority (GTAA). “Toronto Pearson is proud to be a part of WestJet’s continued growth and we are sure our passengers will be excited to discover this part of the world, thanks to WestJet.”

“We at the Bay Islands Tourism Bureau are so happy to know WestJet will be servicing Roatán as we love to see our friends from the north visit and look forward to working with the premier Canadian airline,” said Mike Carter, Vice-President, Bay Islands Tourism Bureau. “From the beginning of our talks, all the way through the process, the cooperation and communication from all involved has been amazing.  A special thanks to our political and business stakeholders and the entire WestJet team as we have the foundation of a great partnership for growth and service.”

The new service will be operated on WestJet’s Boeing 737 aircraft featuring the airline’s Premium and Economy cabins. Flights are timed to optimize connectivity to WestJet’s Toronto hub and provide for WestJet Rewards accumulation and redemption along with additional benefits for WestJet Rewards top tier members.

Details of WestJet’s service between Toronto and Roatán:

Route Frequency Departing Arriving Effective
Toronto-
Roatán*
Once weekly 9:30 a.m. 1:11 p.m. December 15, 
2019
Roatán- 
Toronto*
Once weekly 2:10 p.m. 7:27 p.m. December 15, 
2019

*Subject to government approval

For more information on new routes and increased frequencies in WestJet’s 2019/2020 winter schedule, please visit westjet.com/flight-schedules-new.

Additional Quotes:
“We are very excited to welcome WestJet to our airline family. Canadian travellers are discovering Roatán and are some of our most dedicated repeat guests. There is also a large expat community of Canadians that live on the island either full or part-time. So, WestJet passengers, Welcome, Bienvenido, Bienvenu, Benvenuto, to our home,” said Syntia Solomon, President Bay Islands Tourism Bureau, Mayor Jerry Hynds, Governor Dino Silvestri, and Congressman Ron McNab.

Share this post


Link to post
Share on other sites

Determination No. A-2019-164

September 3, 2019
 

APPLICATION by Pacific Coastal Airlines Limited carrying on business as WestJet Link (applicant) pursuant to subsection 69(1) of the Canada Transportation Act, S.C., 1996, c. 10, as amended (CTA).

 
Case number: 
19-05081
 

The applicant has applied to the Canadian Transportation Agency (Agency) for a licence to operate a scheduled international service, small aircraft in accordance with the Air Transport Agreement between the Government of Canada and the Government of the United States of America signed on March 12, 2007 (Agreement).

The Agency is satisfied that the applicant meets all the applicable requirements of subsection 69(1) of the CTA. The Agency also finds that the pertinent terms and conditions of the Agreement have been complied with.

Accordingly, the Agency issues the licence.

Pursuant to subsection 71(1) of the CTA, the licence is subject to the conditions prescribed by the Air Transportation Regulations, SOR/88-58, as amended, and the following conditions:

  1. The Licensee is authorized to operate a scheduled international service on the route(s) set out in the Agreement.
  2. The scheduled international service is to be conducted in accordance with the Agreement and any applicable arrangements agreed to between Canada and the United States of America.

Share this post


Link to post
Share on other sites

WestJet cancels 10 Sask. flights to sunny locations after Max 8 grounding continues

 
‎Today, ‎September ‎10, ‎2019, ‏‎4 hours ago | Canadian Aviation News

News provided by CBC News – link to full story and updates

Flights to Phoenix, Cancun, Puerto Vallarta affected, not known when flights will return to normal

CBC News · Posted: Sep 10, 2019

A Boeing 737 Max 8 in Westjet’s hangar in Calgary. (Mia Sheldon/CBC)

Saskatchewan travellers looking to fly south for the winter this year might be in for a bumpy ride.

This week, WestJet announced flight cancellations from airports in Regina and Saskatoon. 

The company blamed the disruptions on Boeing’s 737 Max 8 jets. The planes were pulled from service by Transport Canada after 346 people were killed in crashes involving Indonesia’s Lion Air in 2018 and Ethiopian Airlines in March of this year. Both incidents involved the Max 8.

“Guests who hold a current reservation impacted by this update will be notified proactively if there are changes to their itinerary,” wrote WestJet spokesperson Morgan Bell. “Where possible, we will work to substitute other aircraft directly onto a route and will not impact a guests itinerary so notifications will not be necessary.”

The following flights will be affected:

  • Saskatoon-Phoenix: Three weekly flights suspended.
  • Regina-Orlando: One weekly flight suspended.
  • Regina-Phoenix: Three weekly flights suspended.
  • Regina-Cancun: suspended one weekly flight in November. WestJet will operate one weekly flight in December.
  • Regina–Puerto Vallarta: One weekly flight suspended. WestJet will continue to operate once weekly in November. Two weekly flights will be suspended in December.

Air Canada and Sunwing had already announced plans to pull all Max 8s from its schedule until next year.

WestJet said the suspensions are temporary and that flights will resume once the Max 8 is cleared to return to service. However, that won’t happen until January 5, at the earliest. 

Transport Canada hasn’t said when the ban will be lifted.

Boeing says a system designed to help keep the Max 8 stable seemed to be a factor in each crash.

Many other governing bodies, including China, the United States and the European aviation authority, have banned the planes from their airspace.

WestJet currently owns 13 Max 8 jets, accounting for 10 per cent of its fleet.

Many other flights from Calgary, Winnipeg and Toronto have also been affected.

With files from Ian Hanomansing

Share this post


Link to post
Share on other sites

The article says the embargo was because 

Quote

its cargo team recently moving in-house.

‎Today, ‎September ‎26, ‎2019, ‏‎1 hour ago
 

WestJet Cargo to temporarily embargo lithium battery shipments

 
‎Today, ‎September ‎26, ‎2019, ‏‎1 hour ago | Canadian Aviation News

News provided by Air Cargo News – link to full story

26 September 2019

csm_Dangerous-Lithium-Battery-1024px_02_

Canada-based airline WestJet has placed a temporary embargo on all shipments containing lithium-ion and lithium-metal batteries until further notice.

The airline said the embargo includes UN 3481 and UN3090 for both restricted and unrestricted batteries packed with or contained in equipment.

“No further bookings will be taken for lithium-ion or lithium-metal battery shipments until the embargo has ended,” a notice read.

The airline told Air Cargo News that the move was due to its cargo team recently moving in-house.

“This transition has enabled us to have greater visibility and control over our operations,” a spokesperson said. “As safety is always our top priority, we’re in the process of conducting a thorough review of our processes and products to ensure the continued safe operation of our aircraft. A temporary embargo on lithium batteries has been implemented until we finalise and implement any necessary updates to our processes or procedures.”

Lithium batteries have been in the headlines of late. Last week, Lufthansa Cargo placed a temporary embargo on a shipper and forwarder, which was lifted after a few days.

Share this post


Link to post
Share on other sites

WestJet's flagship lounge in Calgary, a home within our home Français

 


NEWS PROVIDED BY

WESTJET, an Alberta Partnership 

Oct 03, 2019, 11:00 ET

 

Construction begins on new space that will give top-tier WestJet Rewards members and select partner members a refined environment to work and rejuvenate

CALGARY, Oct. 3, 2019 /CNW/ - WestJet today announced that work has begun on its first proprietary flagship lounge at the Calgary International Airport (YYC).

As the airline with the most departures, destinations and seats from Calgary, the construction of the lounge underscores WestJet's ongoing commitment to growing its premium presence and guest experience.

WestJet's flagship lounge in Calgary will give top-tier WestJet Rewards members and select partner members a refined environment to work and rejuvenate. (CNW Group/WESTJET, an Alberta Partnership)
WestJet's flagship lounge in Calgary will give top-tier WestJet Rewards members and select partner members a refined environment to work and rejuvenate. (CNW Group/WESTJET, an Alberta Partnership)
 

"As WestJet continues its accelerated journey to becoming a global network carrier our new flagship lounge in Calgary will give top-tier WestJet Rewards members, Business cabin guests and select partner travellers a home within our home in Calgary," said d'Arcy Monaghan, WestJet's Vice-President, Loyalty. "This lounge will showcase WestJet's award-winning hospitality, refined style, elevated products and premium experience our guests have been enjoying with the launch of our new Dreamliner."

Working in partnership with the Calgary Airport Authority, WestJet's new lounge will be located near Concourse B to conveniently serve guests travelling from Concourses A and B in the Domestic Terminal, and from Concourse D in the International Terminal.

"Whether guests are starting a journey, or connecting, this premium lounge will elevate their experience," said Rob Palmer, CFO and Vice-President, The Calgary Airport Authority. "YYC is already proud to be home to WestJet, its Dreamliner hub, and now we're excited to welcome this flagship lounge at our airport. Congratulations to WestJet."

Designed in partnership with Gensler, world-class design and architectural firm, the lounge will seamlessly blend contemporary interior design with refined mountain living. This custom Canadian-inspired space brings together exceptional local food and beverage, along with business amenities designed to keep travellers connected. Once complete, it will be a place for guests to work, relax, rejuvenate and collaborate in comfort and style, reflective of WestJet's ongoing premiumization of its Boeing fleet and award-winning hospitality and service.

WestJet flagship lounge is scheduled to open in late summer 2020. Platinum, Gold and Silver WestJet Rewards members with complimentary lounge access benefits, along with guests travelling in the Business cabin, will be among the first to enjoy the new space.

More details on the lounge will be released in the coming months.

About WestJet

Share this post


Link to post
Share on other sites

Tim Croyle to retire from WestJet

 


NEWS PROVIDED BY

WESTJET, an Alberta Partnership 

Oct 04, 2019, 18:06 ET

 

CALGARY, Oct. 4, 2019 /CNW/ - Today WestJet announced that Tim Croyle, Vice-President, WestJet Vacations and Cargo has decided to retire.

"The decision has been made with careful consideration and with mixed emotions," said Croyle. "I would like to thank all of WestJet's travel trade, hotel and destination partners for the support and loyalty they have shown for more than a decade. I look forward to watching the great things that WestJet's global aspirations will bring to Canada and the world."

Tim Croyle to retire from WestJet (CNW Group/WESTJET, an Alberta Partnership)
Tim Croyle to retire from WestJet (CNW Group/WESTJET, an Alberta Partnership)
 

Tim joined WestJet in 2003, as Manager-Airports Projects holding a variety of roles before moving to WestJet Vacations in 2010 where he built a solid foundation for the business and was subsequently promoted to Vice-President, WestJet Vacations.

In March of 2018, Tim stepped in to the Interim Executive Vice-President, Commercial role, leading the launch of WestJet's 787 Dreamliner. Most recently, he assumed responsibility of WestJet Cargo team and its in-house transition.

Tim's last day with WestJet will be October 31, 2019.

The company will begin the process of conducting a search for Vice-President, WestJet Vacations shortly. With Tim's retirement, WestJet Cargo will be moved under Charles Duncan, Executive Vice-President and Chief Strategy Officer.

Share this post


Link to post
Share on other sites
 

Swoop Expands Edmonton Network with New Service to Puerto Vallarta

 
‎Today, ‎October ‎18, ‎2019, ‏‎2 hours ago | Canadian Aviation News

Provided by Swoop/CNW

Travellers can head to warmer destinations this winter as Swoop inaugurates the first of four new routes with service to Mexico

logo_swoop_4c.png?w=1024

CALGARY, Oct. 18, 2019 /CNW/ – This weekend, Swoop, Canada’s ultra-low-fare airline and subsidiary of WestJet Airlines Inc., takes-off with its new service from Edmonton International Airport (YEG) to Puerto Vallarta International Airport (PVR). Swoop’s first direct flight to Puerto Vallarta on October 19 at 5:35 AM MDT is the first of four new routes with service between Edmonton and Mexico to launch this winter.

“As winter draws closer, we are thrilled to offer Edmonton travellers an affordable way to escape to the sun,” said Steven Greenway, President, Swoop. “With the continued growth of our network, we are expanding our presence across North America, providing Canadians with more travel options at an affordable price.”

Swoop offers unbundled airfare, services and amenities to allow for travellers to customize their experience and book a getaway at a price that works for them. As one of Swoop’s major hubs, the ultra-low-cost-carrier currently operates eight domestic, transborder and international year-round and seasonal routes from Edmonton. Swoop’s new routes to Mexico include service to Cancun International Airport (CUN) launching on October 31, and service to Mazatlán International Airport (MZT) and Los Cabos Mexico International Airport (SJD) beginning November 2.

“Puerto Vallarta is one of Edmonton region travellers’ favourite sun destinations,” said Tom Ruth, Edmonton International Airport President and CEO. “The new Swoop flights provide great new scheduling options for our sun seeking vacation travellers.”

Flights are now available for booking through to April 23, 2020, offering weekly service to Puerto Vallarta on Saturdays.

To learn more about Swoop’s destinations, schedule and ultra-low-cost model visit FlySwoop.com or connect with Swoop on FacebookTwitterInstagram.

Share this post


Link to post
Share on other sites

Latest

11:31 ETWestJet Dreamin' more Dreamliner in 2020

Guests to benefit from more 787 service between European destinations and Calgary, Toronto and Vancouver CALGARY, Oct. 22, 2019 /CNW/ - WestJet today ...

11:31 ETVancouver, livin' the Dreamliner this summer with WestJet

Travellers on the West Coast and across the Atlantic get daily 787 service CALGARY, Oct. 22, 2019 /CNW/ - WestJet today announced daily 787...

Share this post


Link to post
Share on other sites

Toronto and London, U.K. now connected on WestJet Dreamliner


News provided by

WESTJET, an Alberta Partnership

Oct 23, 2019, 11:00 ET

Share this article

  •  
  •  
  •  
  •  
  •  
  •  

CALGARY, Oct. 23, 2019 /CNW/ - Today, WestJet's state-of-the-art aircraft, the 787-9 Dreamliner, will be operating its inaugural Toronto-London (Gatwick) route giving guests on both sides of the Atlantic the opportunity to experience the airline's new Business and Premium service between two large financial and tourism centres.

"This is a significant first for our guests who now have access to the WestJet Dreamliner nonstop between Toronto and London, U.K.," said Brian Znotins, WestJet Vice-President Network Planning and Alliances. "The Dreamliner was built for transoceanic routes with technology that reduces jetlag and leaves travellers feeling more refreshed upon arrival. We are proud to welcome guests on board the most comfortable aircraft we have ever operated."

"We are so pleased with WestJet's continued expansion of their Dreamliner service from Toronto Pearson to London, Gatwick," said Scott Collier, Vice President of Customer and Terminal Services, Greater Toronto Airports Authority. "Toronto Pearson is proud to be part of WestJet's growth and we know that passengers travelling between Toronto and the UK will be very pleased with this enhanced travel experience."

WestJet's daily, year-round Dreamliner service replaces the airline's existing Toronto-London service operated on the Boeing 767 and complements WestJet's existing Calgary-London (Gatwick) and the recently announced Vancouver-London (Gatwick) Dreamliner service, which starts April 26, 2020. 

"We are delighted that WestJet is adding another Boeing 787 to its Gatwick fleet," said Stephen King, Head of Airline Relations at Gatwick Airport. "The Dreamliner is a significantly quieter and more fuel efficient aircraft than previous generations which helps to reduce the carbon and noise footprint of the airport.  The aircraft also delivers a high quality passenger experience so that anyone flying between these great cities will be travelling in the utmost comfort."

The WestJet Dreamliner features 320 seats in three cabins: Business, Premium and Economy, all of which contain a high-level of comfort and WestJet's award-winning guest service. The Dreamliner's Business cabin features all-aisle-access, lie-flat seats with on-demand dining and entertainment. The upscale Premium cabin is the ideal combination of comfort, value and guest service including a separate cabin, elevated meal service and signature welcome perks including an amenity case. WestJet's improved Economy cabin features on-demand inflight entertainment, blankets and pillows and complimentary food and beverages with a select number of extra legroom seats available for purchase.

Share this post


Link to post
Share on other sites

Swoop Adds Two New Routes from London, ON to its Winter Schedule

 
‎Today, ‎October ‎24, ‎2019, ‏‎17 minutes ago | Canadian Aviation News

Provided by Swoop/CNW

Canadians can now fly direct to Cancún and Orlando from London, Ontario

logo_swoop_4c.png?w=1024

CALGARY, Oct. 24, 2019 /CNW/ – London, ON residents can escape the Canadian winter with the launch of Swoop’s two new routes heading south of the border. Swoop, Canada’s ultra-low-fare airline and subsidiary of WestJet Airlines Inc., will depart from London International Airport (YXU) to Cancún International Airport (CUN) on October 24 at 3 p.m. EDT, followed by the inaugural flight to Orlando International Airport (MCO) on October 26 at 3:50 p.m. EDT.

Orlando Skyline (CNW Group/Swoop) Orlando Skyline (CNW Group/Swoop)

These inaugural flights kick off Swoop’s London, ON winter schedule. Flights are available for booking now through to April 25, 2020. With twice-weekly service offered for both routes, Swoop travellers have more choices for their winter getaway.

“We know many Canadians love to head to sun destinations in the winter, which is why we aim to provide more opportunities for Canadians to travel south at a price-point that works for them,” said Steven Greenway, President, Swoop. “These additions to our network marks our fifth and sixth year-round and seasonal routes from London.”

As tourism hubs, both Cancún and Orlando offer experiences for visitors of all ages and walks of life, providing exciting options that suit Swoop travellers’ different travel styles. With affordable fares and an unbundled services model, Swoop is providing more Canadians with travel opportunities across North America.

“We’re thrilled to launch non-stop service to Cancún and Orlando from London with Swoop this week,” said Michael Seabrook, President and CEO, London International Airport. “The addition of these routes offers passengers more ultra-low-cost options for their winter escape this season from our easy and comfortable airport.”

Swoop’s twice-weekly service from London to Cancún departs on Thursdays and Saturdays, and from London to Orlando on Wednesdays and Saturdays.

Details of Swoop’s service to Cancún and Orlando:

Service Between Service Offered Weekly Frequency Total one-way price from
London, ON to Cancún, MX Thursday,
Saturday
2 x per week $118.00† CAD
Cancún, MX to London, ON Thursday,
Saturday
2 x per week $69.00† CAD
London, ON to Orlando, FL Wednesday,
Saturday
2 x per week $79.00† CAD
Orlando, FL to  London, ON Wednesday,
Saturday
2 x per week $52.00† CAD

†Every day low fares valid through November 1, 2019 for travel between January 7 – February 12, 2020.

To learn more about Swoop’s destinations, schedule and ultra-low-cost model visit FlySwoop.com or connect with Swoop on FacebookTwitterInstagram.

Share this post


Link to post
Share on other sites

This is an old news release or did swoop re release this news today. These London Ontario swoop routes were announced back on June 25th  

Edited by wizard
Add a news link

Share this post


Link to post
Share on other sites

WestJet now connecting Vancouver and Cranbrook

 
‎Today, ‎October ‎28, ‎2019, ‏‎58 minutes ago | Canadian Aviation News

Provided by WESTJET, an Alberta Partnership/CNW

CALGARY, Oct. 28, 2019 /CNW/ – Yesterday, WestJet’s regional air service, WestJet Link celebrated the expansion of its services following its inaugural flight between the airline’s hub in Vancouver and Cranbrook, B.C.

WestJet Link expands service with first flight between Vancouver and Cranbrook, B.C. (CNW Group/WESTJET, an Alberta Partnership) WestJet Link expands service with first flight between Vancouver and Cranbrook, B.C. (CNW Group/WESTJET, an Alberta Partnership)

“Guests now have better access and more convenient options for travel to and from the interior of British Columbia,” said Brian Znotins, WestJet Vice-President Network Planning and Alliances. “Whether travelling for business or leisure, this new route gives guests the option to connect through our hub in Vancouver to destinations across our global network, including London U.K. on our Dreamliner.”

Since its inception in June 2018, WestJet Link has operated more than 7,000 flights between WestJet’s home and largest hub in Calgary to Cranbrook, Lethbridge, Lloydminster, Medicine Hat and Prince George. In just over a year more than 200,000 guests have benefited from more convenient travel and better connectivity onto WestJet’s larger network through WestJet Link.  

“We are delighted to welcome WestJet Link’s daily service from Vancouver to Cranbrook,” said Anne Murray, Vice President, Airline Business Development and Public Affairs, Vancouver Airport Authority. “As Canada’s second busiest airport, YVR proudly links passengers to communities in British Columbia, North America and around the world. WestJet Link’s route to Cranbrook will further strengthen their Vancouver hub and drive economic benefits for our region, by connecting customers to a great B.C. destination.”

“The region has welcomed WestJet with great support as expected,” said Tristen Chernove, CEO of Elevate Airports Inc. and Canadian Rockies International Airport Manager.  “Now entering WestJet’s second year of service at YXC, this expansion into its Vancouver hub comes at a perfect time as our region prepares for our busiest time of year with inbound winter adventurers and outbound sun seekers. We are proud to see air travel options continue to grow at YXC and we are grateful that WestJet believes so strongly in our market.”

WestJet Link is operated through a capacity purchase agreement with Pacific Coastal Airlines using its fleet of WestJet-branded 34-seat Saab 340B aircraft. Each aircraft includes six seats available in WestJet Premium, offering guests advanced boarding, no-charge for two checked bags and seating at the front of the aircraft.

“The addition of WestJet Link’s service to Vancouver International Airport’s main terminal is evidence of the growing partnership between our two airlines,” said Quentin Smith, President, Pacific Coastal Airlines.  “We look forward to working with WestJet on further development of WestJet Link’s operations over the coming years.”

This winter, WestJet will operate more than 75 daily departures from Vancouver International Airport to 29 destinations.

Details of WestJet Link’s service between Vancouver and Cranbrook:

Route Frequency Departing Arriving Effective
Cranbrook-
Vancouver
Daily 11:45 a.m. 12:25 p.m. October 27,
2019
Vancouver-
Cranbrook
Daily 1:35 p.m. 4:05 p.m. October 27,
2019

Share this post


Link to post
Share on other sites

And your bets re the announcement are:

 

Quote

Media Advisory - WestJet to make special Dreamliner announcement


News provided by

WESTJET, an Alberta Partnership

Oct 28, 2019, 14:07 ET


CALGARY, Oct. 28, 2019 /CNW/ - Media are invited to join WestJet and partners from Travel Alberta and Tourism Calgary at the Hotel Fairmont Palliser on Wednesday, October 30, 2019 for a special announcement concerning the airline's continued commitment to providing global connectivity to Albertans and the city of Calgary.

WHAT:
WestJet Dreamliner announcement         

WHEN:
Wednesday, October 30, 2019

TIME:
7:30 a.m. – Media registration
8:00 a.m. – Formal program to commence
8:30 a.m. – Photo opportunities and interviews (In-person media availability/photo opportunity with Ed Sims, WestJet President and CEO)

WHERE:
Hotel Fairmont Palliser (The Oak Room)
133 9 Ave SW
Calgary, AB

RSVP:
Media are asked to please RSVP for the event and media availability
to media@westjet.com no later than Tuesday, Oct. 29 at 5 p.m. MT

 

Share this post


Link to post
Share on other sites

Beijing's new Daxing airport?  It was the Chinese under the FIPA agreement that wanted the pipeline, so it improves connectivity if they can fly from Calgary.

 

Edited by deicer

Share this post


Link to post
Share on other sites

WestJet reports its second-highest ever third quarter net earnings of $119.4 million


NEWS PROVIDED BY

WESTJET, an Alberta Partnership 

Oct 28, 2019, 18:00 ET


CALGARY, Oct. 28, 2019 /CNW/ - WestJet (TSX: WJA) today announced its third quarter results for 2019, with net earnings of $119.4 million, or $1.02 per fully diluted share compared with net earnings of $70.1 million, or $0.61 per fully diluted share reported in the third quarter of 2018, a year-over-year increase of 70.4 per cent and 67.2 per cent respectively.

"We are very pleased with these remarkable results, achieving our highest ever third quarter load factor, second-highest ever third quarter net earnings and the third-highest quarterly net earnings in WestJet's history," said Ed Sims, WestJet President and CEO. "These results would not have been possible without the continued energy and dedication of all 14,000 WestJetters in delivering our award-winning brand of friendly and caring service through the busy summer period. I also want to thank the almost seven million guests who travelled with us in the third quarter for their continued support."

Operating highlights* (stated in Canadian dollars)

 

Q3 2019

Q3 2018

Change

Net earnings (millions)

$119.4

$70.1

70.4%

Diluted earnings per share

$1.02

$0.61

67.2%

Total revenue (millions)

$1,392.9

$1,260.9

10.5%

Operating margin

13.5%

8.0%

5.5 pts.

ASMs (available seat miles) (billions)

8.838

8.880

(0.5%)

RPMs (revenue passenger miles) (billions)

7.671

7.517

2.1%

Load factor

86.8%

84.6%

2.2 pts.

Segment guests

6,812,228

6,940,569

(1.8%)

Yield (revenue per revenue passenger mile) (cents)

18.16

16.78

8.2%

RASM (revenue per available seat mile) (cents)

15.76

14.20

11.0%

CASM (cost per available seat mile) (cents)

13.64

13.06

4.4%

Fuel costs per litre (cents)

76

85

(10.6%)

CASM, excluding fuel and employee profit share (cents)*

9.96

9.10

9.5%

 

*Refer to reconciliations in the accompanying tables for further information regarding calculations.

Dividend declaration
On October 28, 2019, WestJet's Board of Directors declared a cash dividend of $0.14 per common voting share and variable voting share for the fourth quarter of 2019, to be paid on December 31, 2019, to shareholders of record on December 18, 2019. All dividends paid by WestJet are, pursuant to subsection 89(14) of the Income Tax Act, designated as eligible dividends, unless indicated otherwise. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.

Third quarter conference call
Given WestJet's proposed arrangement with an affiliate of Onex Corporation (TSX: ONEX), WestJet will not be hosting an earnings call or webcast to discuss its third quarter results. For further information, please contact WestJet Investor Relations.

Share this post


Link to post
Share on other sites
5 hours ago, Marshall said:

And your bets re the announcement are:

 

 

BCN on the Dreamliner from both YYC and YYZ. 

My Alternate prediction would be Westjet YYC-AMS 3x per week. 

Share this post


Link to post
Share on other sites
39 minutes ago, better4me said:

BCN on the Dreamliner from both YYC and YYZ. 

My Alternate prediction would be Westjet YYC-AMS 3x per week. 

quite within the range, CP Airlines did it over the pole with no nav aids other than an onboard  navigator shooting star sights with the DC6  to Europe (1955), pioneering the transpolar Vancouver-Amsterdam route. 

 

Share this post


Link to post
Share on other sites

It shows what can happen when growth is curtailed and only the profitable flights operate.

With the 737Max still out Air Canada should get good results too.

Share this post


Link to post
Share on other sites
20 hours ago, better4me said:

BCN on the Dreamliner from both YYC and YYZ. 

My Alternate prediction would be Westjet YYC-AMS 3x per week. 

quite withing the range, CP Airlines did it over the pole with no nav aids other than an onboard  navigator shooting star sights with the DC6 and the DC8 back when. ...

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this