WestJet gears up for increased capacity in 2018
WestJet Airlines plans to increase capacity in the Q1 and full year of 2018 as it expands domestically, internationally and with its ultralow-cost carrier taking flight later this year. Passenger-carrying capacity will grow by 4.5% in Q1 and between 6.5% and 8.5% this year over all, WestJet executives said as they released 2017 Q4 and full-year financial results. "Our capacity increases by some analysts might be seen to be aggressive, [but] they pale in comparison to other carriers in this market who are throwing even more capacity at margins that are half of ours," WestJet CE Gregg Saretsky said. CFO Harry Taylor promised an assault on costs to make up for forecasts that the price of jet fuel will rise between 13% and 16% this year. <br/>
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WestJet gears up for increased capacity in 2018
WestJet Airlines plans to increase capacity in the Q1 and full year of 2018 as it expands domestically, internationally and with its ultralow-cost carrier taking flight later this year. Passenger-carrying capacity will grow by 4.5% in Q1 and between 6.5% and 8.5% this year over all, WestJet executives said as they released 2017 Q4 and full-year financial results. "Our capacity increases by some analysts might be seen to be aggressive, [but] they pale in comparison to other carriers in this market who are throwing even more capacity at margins that are half of ours," WestJet CE Gregg Saretsky said. CFO Harry Taylor promised an assault on costs to make up for forecasts that the price of jet fuel will rise between 13% and 16% this year. <br/>
