No-frills airline WestJet sees 43.4% increase in passenger traffic in May

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No-frills airline WestJet sees 43.4% increase in passenger traffic in May
Canadian Press Tuesday, June 10, 2003


CALGARY (CP) - WestJet's passenger traffic was up 43.4 per cent in May
compared to the same month a year ago, the Calgary-based no frills airline
said Tuesday.  WestJet said it had 382 million revenue passenger miles - a
key industry measure of passenger traffic - in May, up from 266.4 million
in May 2002.  The increase comes despite ongoing concern about the SARS
outbreak centred in the Toronto area, but also comes a month after the end
of the war in Iraq, which had been blamed for impacting April air
travel.  For the year, WestJet's passenger traffic is up 46.4 per cent to
1.7 billion revenue passenger miles from 1.1 billion in the first five
months of 2002.  Meanwhile WestJet's capacity, or available seat miles,
grew 49.1 per cent in May compared with the prior year and its load factor
- a measure of how full its planes fly - was 72.2 per cent compared with
75.1 per cent in May 2002.  Air Canada, which is operating under bankruptcy
court protection, has yet to release its May traffic statistics. But it
reported a month ago an operating loss of $354 million in the first
quarter, compared to $194 million in 2002, and a drop in revenue to $2.21
billion from $2.29 billion. Revenue passenger miles declined seven per cent
to 9.19 billion.  Air Canada also said recently that advanced bookings for
May, June and July were down by 20 to 25 per cent from a year ago.  Air
Canada is continuing to offer discounts, including a current offer of a $19
one-way fare, before taxes and other charges, from Toronto to
Ottawa.  WestJet chairman and chief executive Clive Beddoe has in recent
weeks accused Air Canada of pursuing a "scorched earth policy" with endless
seat-sales in recent weeks.


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