WestJet reports October load factor of 80.9 per cent

News provided by WESTJET, an Alberta Partnership
westjetCALGARY Nov. 8, 2018 /CNW/ – Today WestJet announced October 2018 traffic results with a load factor of 80.9 per cent, a decrease of 0.8 percentage points year over year. Revenue passenger miles (RPMs), or traffic, increased 7.4 per cent year over year, while capacity, measured in available seat miles (ASMs), grew 8.5 per cent over the same period. WestJet welcomed an additional 86,000 guests in October, a year over year increase of 4.4 per cent. Year to date traffic growth continues to outpace capacity additions.

“Our year over year traffic growth remains strong as we welcomed a record 2.1 million guests into our network in October,” Ed Sims, WestJet President & CEO. “As we move into the busy winter season, I want to thank every individual WestJetter for continuing to provide our guests with an award-winning service experience.”

October 2018 traffic results

October 2018

October 2017

Change

Load factor

80.9%

81.7%

-0.8 pts.

ASMs (billions)

2.602

2.398

8.5%

RPMs (billions)

2.105

1.960

7.4%

Year to Date 2018

Year to Date 2017

Change

Load factor

84.1%

83.7%

0.4 pts.

ASMs (billions)

27.433

25.738

6.6%

RPMs (billions)

23.077

21.535

7.2%

Note: All statistics are at a consolidated WestJet group level

In October, WestJet announced the addition of three new non-stop services. First, from St. John’s, Newfoundland to Fort Lauderdale, Florida with service available on a limited basis from March 11, 2019 through May 13, 2019. Second, WestJet will be adding Barcelona, Spain to its growing presence in Europe with non-stop service from Toronto starting May 24, 2019 through October 21, 2019. Finally, WestJet announced it is expanding choice and connectivity for Calgarians with service between Calgary International Airport (YYC) and Hartsfield–Jackson Atlanta International Airport (ATL) next spring. WestJet serves more destinations from Calgary with more flights than any other airline. This new route is another investment in the Calgary airport, city and region.

Caution regarding forward-looking information
Certain information set forth in this news release, including, without limitation, information regarding our new non-stop services is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond WestJet’s control. The forward-looking information contained in this news release is based on WestJet’s current forecasts and strategy, the expected demand environment, the utilization of our fleet, the forward-curve for jet fuel price, the expected exchange rate of the Canadian dollar to the U.S. dollar, agreements and bookings, but may vary due to factors including, but not limited to, changes in guest demand, changes in fuel prices, delays in aircraft delivery, general economic conditions, competitive environment, ability to effectively implement and maintain critical systems, receipt of governmental and regulatory approvals, and other factors and risks described in WestJet’s public reports and filings which are available under WestJet’s profile at sedar.com. Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. WestJet does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.

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