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In Brief: Supply Exceeds Demand at WestJet, Canadian Airline Sees More Seats Than Flyers

Although WestJet Airlines’ passenger traffic is growing, reports show that growth is not enough to keep up with the airline’s increased seating capacity. Seating capacity has grown 4.8 percent since March 2014, but the load factor, or number of seats occupied, fell 2.7 percent during the same period.

WestJet CEO Gregg Saretsky said the percentage of seats in use has shrunk because the industry’s supply is simply increasing more quickly than demand, but “the overall demand environment remains strong.”

For more information on this story, visit the Calgary Herald.

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