Lymanm From Canada, joined Jan 2001, 1133 posts, RR: 1 Posted (11 years 2 months 2 weeks 2 days 9 hours ago) and read 1534 times:
WestJet Airlines Ltd. said yesterday its traffic for the month of February was up 58.4%.
However, the increase came on a 63.5% rise in capacity, meaning its planes were flying less full than a year ago. They were 68.5% full on average, down from 70.7% a year earlier. "Even though our load factor was somewhat depressed over last year, I am still pleased with our traffic results for February," said Clive Beddoe, president and chief executive.
Guys, if this doesn't prove that WJ is going bankrupt within the next 6 weeks, then I don't know what is...-2.2%...that is HUGE! Even Clive is shaking: he says "our load factor was depressing last year"...if the CEO says that, it *definitely* means they are going under.
And with Air Canada getting their new A340-500s this year, AC will be there to pick up the pieces.
Now, if only Air Canada bought 757s, they would force Transat to go bankrupt, too.
With that in mind, they should also buy SABRE from AA and steal AA's traffic. I wonder why they haven't thought of this before!!!!!!
Fly_ATA From United States of America, joined May 2001, 616 posts, RR: 6 Reply 5, posted (11 years 2 months 2 weeks 2 days 9 hours ago) and read 1216 times:
Westjet is going just fine ....well run airline with great future in my opinion.
TNboy From Australia, joined Mar 2002, 1131 posts, RR: 21 Reply 7, posted (11 years 2 months 2 weeks 2 days 8 hours ago) and read 1205 times:
Since when does "..our load factor was depressed over last year" - something which could be said by most airline CEO's, translate into "...our load factor was depressing last year"? Are you training to be a journo??
Bill TNboy
Dripstick From Canada, joined Dec 2001, 2364 posts, RR: 24 Reply 9, posted (11 years 2 months 2 weeks 2 days 8 hours ago) and read 1202 times:
February traffic figures reveal a 58.4% increase in revenue passenger miles over Feb of 2001. Overall load factor fell to 68.5% from 70.7% a year earlier.
Down 2%…so what? It’s post 9.11 remember? It’s also March, which is traditionally slow for domestic operators, which WJA is.
Beddoe…”…our load factor was somewhat depressed..” It wasn’t depressing. Depressed, in this context, means declined.
Lymanm From Canada, joined Jan 2001, 1133 posts, RR: 1 Reply 10, posted (11 years 2 months 2 weeks 2 days 8 hours ago) and read 1197 times:
Cessnapimp, you should be OK for 26 days. I just wouldn't book anything later than that.
Listen, I know some of you are dubious, but this is the EXACT same circumstance as Continental's bankruptcy and subsequent shutdown in 1997. I'm privy to certain facts that prove me right.
Dash8King From Canada, joined Nov 2001, 2742 posts, RR: 12 Reply 11, posted (11 years 2 months 2 weeks 2 days 8 hours ago) and read 1167 times:
Yep 6 weeks sounds about right there Lymanm, in fact I bet they'll cease operations tomorrow! Oh maybe they've already done that I should give the reservation line a call just to make sure!
Westjet just sold 68 million dollars worth of stock, I assure they will not be ceasing operations from today and 6 weeks or a year for that matter.
Fly_ATA From United States of America, joined May 2001, 616 posts, RR: 6 Reply 12, posted (11 years 2 months 2 weeks 2 days 8 hours ago) and read 1155 times:
Fly_yhm From Canada, joined Dec 2000, 1661 posts, RR: 11 Reply 14, posted (11 years 2 months 2 weeks 2 days 7 hours ago) and read 1122 times:
lol
first of all your dumb
Westjet is not going under as I highly doubt they would have gotten a lease on 2 737-800 because their -700s arent coming fast enough. Also I dont think they would have just confirmed their order for 2 more -700s with boeing.
I dont know why you would even suggest this
As dash8King said what ever crack you are smoking I would like some of it. I work with Westjet here in YHM and I can tell you our loads are awsome coming in and going out of here. Also We have passengers come here from place the would bring them right past YYZ and guess what I have asked a few of them about why they don't fly AC and they say because they want to save funny while not having shit service and shit experiences.
If you like Air Canada then like Air Canada but if dont go around bad mouthing one of the greatest airlines. around
oh 1 more thing some of the Air Canada Staff in Montreal have been asking us when we are going to be their.
Where will you spend eternity? He,s more real then you think!!!!!
Samurai 777 From Canada, joined Jan 2000, 2451 posts, RR: 5 Reply 15, posted (11 years 2 months 2 weeks 2 days 7 hours ago) and read 1103 times:
Lymanm, it sounds like you're overreacting here!
The drop in WJ's traffic is nothing to worry about. WJ seems to be in very good shape in many ways. If it was in any danger of going under, we would've started to see some warning signs by now. Such as a dangerously low amount of cash on hand, for example. And certain changes in management practices, too, especially after a switch of CEO's. Or signs of an impending sale. There doesn't really seem to be anything like what Canadian Airlines (God bless the Blue Goose...!) was going under prior to it untimely demise. WJ seems to be a pretty well managed company.
Wait'll the summer season comes into full swing - your fears will be totally unfounded!
Justplanesmart From United States of America, joined Mar 2001, 694 posts, RR: 2 Reply 16, posted (11 years 2 months 2 weeks 2 days 7 hours ago) and read 1091 times:
Jean Leloup From Canada, joined Apr 2001, 2106 posts, RR: 23 Reply 17, posted (11 years 2 months 2 weeks 2 days 6 hours ago) and read 1074 times:
Agreed... That was a sarcastic post; either that, or, as suggested above, Lymanm is training to be a very bad journalist, presumably for the Journal De montréal...
Dc10guy From United States of America, joined Feb 2000, 2685 posts, RR: 7 Reply 19, posted (11 years 2 months 2 weeks 2 days 1 hour ago) and read 1004 times:
I'll bet Air Canada would kill for a 68.5 % load factor ....
Next time try the old "dirty Sanchez" She'll love it !!!
BlueShamu330s From UK - England, joined Sep 2001, 2515 posts, RR: 25 Reply 20, posted (11 years 2 months 2 weeks 2 days 1 hour ago) and read 1003 times:
What a crazy, groundless post.
Lymanm, are you a westjet hater ? Are you a frustrated aviator who didn't make the grade to work for them ? As someone who is aged 16-20, on what facts do you base your wild prophecy; with your head for figures, perhaps you should consider working in the finance department of Enron
Shamu
So I drive a 4x4. So what?! Tax the a$$ off me for it...oh, you already have... :-(
Aamd11 From UK - Wales, joined Nov 2001, 1040 posts, RR: 1 Reply 24, posted (11 years 2 months 2 weeks 1 day 22 hours ago) and read 900 times:
Something tells me this guy has something against the airline or its management....
simply put i think he has been sitting on something lately
25 Rootsgirl: O.K., were you bored, so you decided to start a useless rumour to entertain yourself? If not, then you must be a reporter for CNN - making a mountain
26 Yow: This is either complete sarcasm or someone who's jealous that YUL is not on the WJ map yet...don't worry they will be soon, just be patient. Yeah, WJ'
27 Yow: Hey Lymanm, betcha didn't think sarcasm would generate so much interest eh!
28 Samurai 777: If this really is sarcasm, you must be jealous or something about WJ not coming into YUL yet. Trust me (and Yow), WJ WILL serve YUL sooner or later!
29 Cap'n Dan: Listen guys, I know Lymanm, and his dad is Clive Beddoes' brother-in-law's sister's dog groomer. He is TOTALLY in the know. Man, that guy is sooooo co
30 Crj-900: Dc10guy; “Air Canada would kill for a 68.5% load factor” I guess you are not one that believes in topic research? Air Canada had the highe
31 Dash8King: Yes I was going to say that on my recent post but forgot. Air Canada had a 76.8% loadfactor up 6% from last February. http://www.globeinvestor.com/ser
32 Fallingeese: Lymanm you are one hell of a fucking moron. LONG LIVE WESTJET! Oh no! Air Canada's loadfactor only increased 6% they will fail in 2 hours...
33 Bowen0614: Lymanm, are you kidding? WestJet is going to bankrupt in 6 weeks??
34 Dash8King: PEOPLE, PEOPLE how can you all doubt Lymanm?? I in fact think we should crown him king such a fine prediction! Lymanm I really need your help should I
35 BO__einG: Drink some beer and you'll feel better..