Demand Stayed Strong For WestJet & Air Canada In January
Despite drastically lower fuel prices, Canada’s major airlines have made it clear that they won’t be cutting fares unless they see a slip in demand. So far, there’s no sign of that.
For the month of January, AC reported a record system load factor of 80.1% compared to last January’s record 80.0%. And, AC achieved those results while significantly adding capacity – 8.3% year over year.
"System wide, traffic grew 8.4%, led by significant growth in the Atlantic, U.S. transborder, Latin American and Caribbean markets,” said Calin Rovinescu, President & Chief Executive Officer. “These strong results underscore the effectiveness of our commercial strategy focusing on international growth and the strategic execution of our plan.”
WS’s load factor was similar to AC’s at 79.5%, down from 80.9% in January 2014. Capacity was up 5.5% while traffic increased by 3.6%.
"We continue to be pleased with our traffic growth as a record number of guests chose to fly with WestJet in January," said WestJet President & CEO Gregg Saretsky.