Posted on: 07 March 2014 by Mark Howells
WestJet has announced its February 2014 traffic results with slight drop in the load factor to 84.6%.
Revenue passenger miles (RPMs) increased 7.3% year over year to 1.725 billion from 1.608 billion. Available seat miles (ASMs) grew 9.2 per cent over the same period to 2.038 billion from 1.867 billion. The airline flew 1.5 million passengers in February, a year-over-year increase of 8.0% or approximately 114,000 additional travellers.
“We are pleased with the strong traffic growth, achieving our second-highest February load factor in WestJet's history,” noted WestJet president and CEO Gregg Saretsky. “I want to thank our nearly 10,000 WestJetters for their exceptional dedication to providing our guests with a remarkable experience every day, even with an unprecedented number of weather-related irregular operations.”
WestJet anticipates its revenue per available seat mile (RASM) for the first quarter of 2014 to be flat to down slightly year-over-year, due to slightly softer domestic demand and a larger impact than previously anticipated from the Easter and Passover holidays shifting into the second quarter of 2014. The previous outlook, released on 4 February 2014, in conjunction with the airline's fourth quarter 2013 financial results, guided to a first quarter RASM of flat to up slightly when compared with the first quarter of 2013.