WestJet, already managing major expansion and cost-cutting initiatives, plans a drastic reduction in fourth-quarter capacity growth to offset rising fuel costs. The Calgary-based carrier, Canada’s second largest airline, will cut planned year-over-year (YOY) fourth-quarter ASM growth on its mainline and Encore regional subsidiary 6%, “the most significant capacity adjustment of any of our peers,” CEO Ed Sims told analysts July 31. The change means that WestJet’s ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "WestJet Slashing Planned Growth To Offset Fuel Costs".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.