Recession??

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tonysoprano
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Recession??

Post by tonysoprano »

WestJet traffic jumps in November from year ago
Article Comments (1) THE CANADIAN PRESS

December 3, 2008 at 9:31 AM EST

CALGARY — WestJet Airlines Ltd. flew through last month's financial and economic gloom with a 14.4-per-cent increase in its passenger traffic compared with a year ago.

Canada's second-largest airline said Wednesday it booked its best-ever November load factor with 76.1 per cent of its seats filled in the seasonally slack month.

That came as the 14.4-per-cent rise in revenue passenger miles to 1.06 billion was carried on a fleet whose capacity expanded 13.5 per cent to 1.39 billion available seat miles.

“Our November load factor and continued growth in revenue passenger miles indicate to us that the Canadian market has a healthy balance of travellers and aircraft seat capacity,” WestJet chief executive officer Sean Durfy said.

He added that fourth-quarter revenue per available seat mile “is tracking comparably to last year.”

WestJet's fleet of 76 Boeing 737s — slated to grow to 121 by 2013 — has posted a year-to-date load factor of 80 per cent, off from 80.8 per cent in the first 11 months of 2007.
lol, Thought I'd get it out before you guys.
Seriuosly though, in past recessions we always saw our industry be one of the first to get hit. This time it seems still positive. Maybe the worse is yet to come, who knows? Now if only my guys can get smarter about fuel buying. Good work WJ.
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SMP
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Re: Recession??

Post by SMP »

You seem to have taken all the fun out of the gloating by posting this great news for us...thanks :)

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complexintentions
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Re: Recession??

Post by complexintentions »

I think he just got tired of it like the rest of us and did something about it.
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daveg
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Re: Recession??

Post by daveg »

Ya not shit!
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Rotten Apple #1
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Re: Recession??

Post by Rotten Apple #1 »

Tony don't be so hard on your management in regard to fuel, here's what the Wall Street Journal wrote today:

http://online.wsj.com/article/SB122809429536067963.html
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twinpratts
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Re: Recession??

Post by twinpratts »

It takes a big man to say that kind of stuff (when there's no Kool aid in his fridge :D ).

Seriously, let's hope we all make it through all this alive, and still employed.
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I want to die like my grandfather did, peacefully in his sleep. Not screaming in terror like his passengers...
gulfan
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Re: Recession??

Post by gulfan »

jonny dangerous wrote:Tony don't be so hard on your management in regard to fuel, here's what the Wall Street Journal wrote today:

http://online.wsj.com/article/SB122809429536067963.html
That's an interesting article. Thanks for sharing it.
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yycflyguy
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Re: Recession??

Post by yycflyguy »

Looking south doesn't help much because most U.S. refiners don't produce the extreme-cold-tolerant blend of jet fuel that Canada requires.
.... huh? Do they mean that the pipelined fuel is refined differently and then re-refined at destination or are they trying to say that Canadian jets require a different blend?? Cuz I am pretty sure the TAT at altitude is the same in the US as Canada!
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