WestJet Rewards - WS stock hits 52 week high as airline reports stronger June load factor

http://in.reuters.com/article/2012/07/05/westjetairlines-results-idINL3E8I53OB20120705

(Reuters) - West J et Airlines flew closer to full capacity in June than a year earlier and Canada's No. 2 airline said reservations for the next two months remain strong.

The company's load factor, the percentage of available seats filled with paying customers, rose to 79 percent in June, from 75.7 percent a year earlier. For the quarter ended June 30, load factor was 81.6 percent versus 78.1 percent, last year.

Traffic in June increased 6.7 percent, while capacity, measured in available seat miles (ASMs), grew 2.3 percent over the same period.

But RASM isn't that much better...

But RASM isn't that much better...

I guess we will find out in about a month!

Judging from their quarterly numbers over the past few years, Westjet has been extremely disciplined about avoiding excessive discounting...unlike a certain other Toronto based turbo prop airline that is advertising seat sales constantly for 2 years straight!

:)

I guess we will find out in about a month!

Judging from their quarterly numbers over the past few years, Westjet has been extremely disciplined about avoiding excessive discounting...unlike a certain other Toronto based turbo prop airline that is advertising seat sales constantly for 2 years straight!

:)

I can't even drive from YYZ-YUL for $39/29. How is flying + giving me benefits (lounge, baggage, catering) helping you?

But RASM isn't that much better...

Says who?

LF up a couple points.

But RASM isn't that much better...

Wrong yet again.

Any more insight for us?? :rolleyes: