Dripstick From Canada, joined Dec 2001, 2364 posts, RR: 19 Posted (13 years 10 months 4 days 10 hours ago) and read 1485 times:
I seem to recall someone on this forum stating that there was proof WestJet was not going to make it.
But I just read this news item...
"WestJet Airlines announced its traffic figures for March 2002 featuring a 49.8% increase in revenue passenger miles over March 2001. ASM's grew 52.1% resulting in a load factor of 70.8% compared with 71.9% last March."
Lowfareair From , joined Dec 1969, posts, RR:
Reply 3, posted (13 years 10 months 4 days 7 hours ago) and read 1441 times:
But LF dropped 1 whole point! I expect it to go under in about 3 weeks declaring Canada's equivalent of Chapter 7 liquidation, as Clive Beddoe realizes that they won't ever survive, so Ch. 11 won't be worthwhile.