Tag Archives: 7378CT

WestJet partners with Panasonic for new inflight entertainment

WestJet (Calgary) has announced it has signed a multi-year agreement with Panasonic Avionics Corporation to provide the airline with a new inflight entertainment system with the ability to feature wireless satellite internet connectivity, live streaming television, on-demand movies, magazines and more.

Guests will be able to use their own personal electronic device (PED) or laptop computer to receive live and stored content streamed wirelessly from a server on board each WestJet Boeing Next-Generation 737 aircraft. Tablets will be available for those guests not travelling with a device.

WestJet will also install USB/110 volt power outlets in new, slimmer seats on its aircraft to enable guests to charge their devices or keep them charged while using the entertainment system. And, with a mix of free and paid content, the new system offers the airline additional ancillary revenue opportunities.

There are currently 275 airlines around the world using a Panasonic inflight entertainment system. Panasonic will install the system on one WestJet Boeing Next Generation aircraft before the end of 2014 at which time the airline will perform tests to fine-tune the system. When installed on WestJet’s fleet over the next several years, guests will be able to access live television, movies, magazines and the internet throughout North America, the Caribbean and Central America, Europe, as well as future WestJet destinations.

Copyright Photo: Jay Selman/AirlinersGallery.com. Boeing 737-8CT C-GWSV (msn 37158) arrives at Las Vegas.

WestJet: AG Slide Show

Westjet to fly its first trans-Atlantic route to Dublin, Ireland

WestJet (Calgary) starting on June 15, 2014* will be offering its first trans-Atlantic service from St. John’s, Newfoundland to Dublin, Ireland, with connecting service from several other Canadian destinations.

St. John’s is actually closer to Dublin than Calgary.

Schedule highlights:

Route Frequency Dates^
St. John’s – Dublin Daily June 15, 2014 to
October 5, 2014
Toronto (direct same plane) – Dublin** Daily June 15, 2014 to
October 5, 2014
Calgary, Edmonton, Halifax, Hamilton, Kelowna, Montreal, Ottawa, Thunder Bay, Vancouver, Victoria, Winnipeg – Dublin** Daily June 15, 2014 to
October 5, 2014

*Subject to government approval.
^Schedule is subject to change without notice.
**Available daily through connections. Guests flying from Toronto will stop in St. John’s but will have the same plane to Dublin.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 737-8CT WL C-GKWA (msn 39089) arrives in Las Vegas.

WestJet: AG Slide Show

WestJet reports 3Q net earnings of C$65.1 million

WestJet (Calgary) today announced its third quarter 2013 results, with net earnings of $65.1 million, or $0.50 per diluted share. This compares with the net earnings of $70.6 million, or $0.52 per diluted share reported in the third quarter of 2012. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.8 per cent, compared with the 14.4 per cent reported in the previous quarter, and one of the best third quarters in WestJet history.

“We had a strong third quarter in which we flew a record number of guests, exceeded our 12 per cent ROIC target for the fifth consecutive quarter, and reached our initial business transformation initiative milestone one year early by implementing and identifying various opportunities which we believe will result in approximately $100 million in future cost savings in 2014,” said WestJet President and CEO Gregg Saretsky. “With the market launch of our Plus product in August, we are now providing our business and leisure guests with even more flexibility, comfort and convenience, and my thanks go to WestJetters for their ongoing efforts to take care of our guests.”

Q3 13 Q3 12 Change YTD 2013 YTD 2012 Change
Net earnings (millions) $65.1 $70.6 (7.8%) $200.9 $181.4 10.7%
Diluted earnings per share $0.50 $0.52 (3.8%) $1.51 $1.33 13.5%
Total revenues (millions) $924.8 $866.5 6.7% $2,735.8 $2,566.8 6.6%
Operating margin 10.7% 12.5% (1.8 pts) 10.9% 11.1% (0.2 pts)
ASMs (billions) 6.109 5.498 11.1% 18.029 16.576 8.8%
RPMs (billions) 5.059 4.654 8.7% 14.823 13.770 7.6%
Load factor 82.8% 84.6% (1.8 pts) 82.2% 83.1% (0.9 pts)
Segment guests 4,940,943 4,611,315 7.1% 13,927,538 13,109,328 6.2%
Yield (cents) 18.28 18.62 (1.8%) 18.46 18.64 (1.0%)
RASM (cents) 15.14 15.76 (3.9%) 15.17 15.48 (2.0%)
CASM (cents) 13.52 13.80 (2.0%) 13.52 13.77 (1.8%)

During the third quarter, WestJet continued the roll-out of WestJet Encore, beginning service to Brandon, Manitoba on September 3 and announcing Terrace, B.C. as a new community that will welcome its first Encore flight on November 25, 2013. WestJet Encore also added new non-stop routes joining the dots in WestJet’s network, including flights between Winnipeg and Saskatoon, Winnipeg and Regina and between Vancouver and Kamloops, B.C. “We are very pleased with the overwhelming community support WestJet Encore has received, as we give even more Canadians access to lower fares, stimulate demand in smaller communities, and repeat WestJet’s success in the regional space,” said Gregg Saretsky.

In the third quarter, WestJet entered into a definitive purchase agreement for 65 Boeing 737 MAX aircraft with deliveries scheduled from 2017 through 2027. This order will enable the airline to enhance its inflight guest experience, support its low-cost business model, and contribute to its profitable growth by utilizing a lower operating cost aircraft that is expected to reduce fuel burn and CO2 emissions by 13 per cent, as compared with the most fuel-efficient single-aisle aircraft currently available.

With the impact on demand caused by the summer flooding in Calgary, Alberta and the surrounding communities behind the airline, WestJet expects continued strong traffic and revenue growth in the fourth quarter of 2013. The airline anticipates its 2013 fourth quarter RASM to be roughly flat as compared to the same period in the prior year.

The airline expects jet fuel costs to range between 90 and 92 cents per liter for the fourth quarter of 2013, representing a down 1.0 to up 1.0 per cent year-over-year change. For the full year 2013, the airline now expects CASM, excluding fuel and employee profit share, to be down approximately 0.5 per cent year-over-year.

Copyright Photo: Eddie Maloney/AirlinersGallery.com. Boeing 737-8CT WL C-GKWJ (msn 34151) lands in Las Vegas.

WestJet: AG Slide Show

WestJet sets a single-day passenger record on July 31

WestJet (Calgary) announced it flew 60,441 passengers on Wednesday, July 31, 2013, setting a new single-day record for guests travelling with the airline. The previous single-day record was 57,474, set on December 21, 2012.

“As we approach the August long weekend, we thank our guests for choosing to fly with us in record numbers,” said Bob Cummings, WestJet Executive Vice-President, Sales, Marketing and Guest Experience. “As we continue to develop our expanding network, introduce new products and appeal to new travel segments, we are seeing significant growth in the number of new WestJet guests we are welcoming on board – including business travellers and foreign guests flying with us as a result of our nearly three dozen airline partnerships around the world. We are proud to introduce more guests to the caring service for which our WestJetters are known.”

WestJet expects near-record numbers each day through the upcoming long weekend.

Copyright Photo: Bruce Drum/Airlinersgallery.com.  Boeing 737-8CT WL C-GZWS (msn 32770) prepares to land in Las Vegas.

WestJet: AG Slide Show

WestJet reports a record net profit in the second quarter

WestJet (Calgary) announced its 33rd consecutive quarter of profitability, with record second quarter net earnings of $44.7 million (all figures in CA dollars) , or $0.34 per diluted share. This compares with the net earnings of $42.5 million , or $0.31 per diluted share reported in the second quarter of 2012. These results include $8.4 million of one-time pre-tax transition costs associated with WestJet’s business transformation initiative. Based on the trailing twelve months, the airline achieved a return on invested capital of 14.4 per cent, up from the 14.3 per cent reported in the previous quarter.

Operating highlights (stated in Canadian dollars)

Q2 2013 Q2 2012 Change Year-to-
date 2013
Year-to-
date 2012
Change
Net earnings (millions) $44.7 $42.5 5.2% $135.8 $110.8 22.6%
Diluted earnings per share $0.34 $0.31 9.7% $1.02 $0.81 25.9%
Total revenues (millions) $843.7 $809.3 4.3% $1,810.9 $1,700.2 6.5%
Operating margin 7.9% 8.7% (0.8 pts) 11.0% 10.4% 0.6 pts
ASMs (available seat miles) (billions) 5.888 5.389 9.3% 11.920 11.079 7.6%
RPMs (revenue passenger miles) (billions) 4.675 4.395 6.4% 9.763 9.116 7.1%
Load factor 79.4% 81.6% (2.2 pts) 81.9% 82.3% (0.4 pts)
Segment guests 4,493,271 4,267,598 5.3% 8,986,595 8,498,013 5.7%
Yield (revenue per revenue passenger mile) (cents) 18.05 18.41 (2.0%) 18.55 18.65 (0.5%)
RASM (revenue per available seat mile) (cents) 14.33 15.02 (4.6%) 15.19 15.35 (1.0%)
CASM (cost per available seat mile) (cents) 13.20 13.71 (3.7%) 13.52 13.76 (1.7%)
CASM, excluding fuel and employee profit share (cents)* 9.06 9.12 (0.7%) 9.00 9.03 (0.3%)

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

In the second quarter, WestJet successfully launched WestJet Encore, Canada’s newest regional airline with its first two new Bombardier DHC-8-402 (Q400) NextGen aircraft. WestJet’s new regional airline will provide more Canadians with access to WestJet’s low fares and caring guest experience, while enhancing the airline’s value to the business market. “We are pleased with initial results in both the local market and the significant connecting traffic flows from the new regional service,” said Gregg Saretsky.

WestJet expects to continue its strong traffic and revenue growth in the third quarter of 2013. The airline anticipates its 2013 third quarter RASM, as compared to the same period in the prior year, to experience a similar level of year-over-year percentage decline as the second quarter of 2013, primarily as a result of increased capacity associated with higher utilization, the reconfiguration of WestJet’s Boeing 737-800 fleet, and the ramping up of WestJet Encore. June and July traffic experienced some booking weakness due to the impact of flooding in Calgary and the surrounding communities.

The airline expects jet fuel costs to range between 90 and 92 cents per litre for the third quarter of 2013, representing a flat to up two per cent year-over-year increase. In terms of CASM, excluding fuel and employee profit share, WestJet expects it to be down 0.5 to down 1.5 per cent in the third quarter of 2013.

For the full year 2013, the airline now expects CASM, excluding fuel and employee profit share, to be down 0.5 to down 1.0 per cent year-over-year primarily as a result of cost reductions achieved and anticipated through its previously announced company-wide business transformation initiative.

For the full-year 2014, the airline anticipates system-wide capacity growth between four and six per cent. “The flexibility we have built into our fleet plan through lease renewal options and our ability to deploy a mix of Boeing 737 and Bombardier Q400 aircraft allows us to tailor capacity and continue our profitable growth while aligning with market conditions,” noted Gregg Saretsky.

Copyright Photo: Bruce Drum/AirlinersGallery.com. WestJet is reconfiguring its Boeing 737-800 fleet. Boeing 737-8CT C-GKWJ (msn 34151) taxies to the runway at Los Angeles International Airport.

WestJet: AG Slide Show

WestJet adds four new winter routes, including Calgary-Miami

WestJet (Calgary) announced today they are adding four new nonstop routes, two new year-round routes and increased frequency on 29 existing routes as part of the 2013-2014 winter schedule. Domestic routes now benefit from enhanced frequency in addition to several popular sun destinations, including Manzanillo and Ixtapa, Mexico, Providenciales, Turks and Caicos, Varadero, Cuba and Hewanorra, St. Lucia.

WestJet Encore adds new nonstop routes to the network with flights between Winnipeg and Saskatoon, Winnipeg and Regina and between Vancouver and Kamloops, British Columbia. WestJet Encore frequency increases on routes between Calgary and Kamloops and routes between Edmonton and Saskatoon, Edmonton and Regina and Edmonton and Grande Prairie, Alberta. The WestJet Encore operated route between Vancouver and Victoria will also increase in frequency for the winter schedule.

Beginning October 27, 2013, WestJet moves from seasonal to daily year-round service between Toronto (Pearson) and Fort McMurray, Alberta and three-time weekly service between Toronto (Pearson) and Deer Lake, Newfoundland. Popular U.S. destinations will also see an increase in service with one new nonstop route between Calgary and Miami and more frequency between Calgary and Phoenix , Calgary and San Diego, Calgary and Orlando, Florida as well as Kelowna to Phoenix .

Details of WestJet Encore’s new non-stop routes are:

Routes Frequency Dates
Winnipeg – Saskatoon Twice daily
(Mon – Fri)
Once daily
(Sat – Sun)
February 15, 2014 – April 26, 2014
Winnipeg – Regina Twice daily
(Mon – Fri)
Once daily
(Sat – Sun)
January 15, 2013 – April 26, 2014
Vancouver – Kamloops Daily November 25, 2013 – April 26 2014

Details of WestJet’s new non-stop Calgary – Miami route is:

Route Frequency Dates
Calgary – Miami Four times weekly
(Mon/Thu/Fri/ Sat)
October 28, 2013 – December 14, 2013
Calgary – Miami Six times weekly
(Mon – Sat)
December 16, 2013 – April 26, 2014

Copyright Photo: TMK Photography/AirlinersGallery.com. Boeing 737-8CT C-GKWA (msn 39089) arrives at Toronto (Pearson).

WestJet: AG Slide Show

WestJet expands operations to Hawaii

WestJet (Calgary) has announced new, daily service between Vancouver and Kona (The Big Island) and between Vancouver and Lihue (Kauai), starting in December.

On December 12, 2013 , service between Vancouver and Hawaii Island increases to daily from the four times weekly served last winter. Service between Vancouver and Kauai also increases to daily, beginning on December 14, 2013 , from three times weekly.

In addition to increased service to Hawaii Island and Kauai, WestJet also offers twice-daily service from Vancouver to both Honolulu and Maui.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 737-8CT WL C-GWSZ (msn 37092) in the special Care-antee livery taxies at Vancouver on a beautiful day.

WestJet: AG Slide Show