Air Transport World

Westjet: westjet.com.(North America)(WestJet Airlines Ltd.)(Financial report)(Brief article)

After losing C$17.2 million ($15.5 million) in 2004, the Calgary-based budget airline put the exclamation point on a strong recovery by earning C$24 million in 2005 on a 32% rise in revenues to C$1.4 billion. It accelerated the retirement of its 737-200s, replacing 13 last year and the remaining five in January, meaning it now flies an all-737NG fleet. At year end it served 33 cities, employed around 5,000 and estimated its domestic market share at 32%. Also during 2005 it introduced self-service kiosks and Web check-in and continues to install live television in its 737-700s and dash 800s. In February its pilots signed a new three-year contract that WestJet says will enable it to "maintain its low cost structure. …

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