lymanm
Posts: 1100
Joined: Tue Jan 23, 2001 2:30 pm

Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 1:53 pm

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.

http://www.nationalpost.com/search/story.html?f=/stories/20020308/272712.html

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!!!!!!
buhh bye
 
Guest

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 1:57 pm

Proves nothing. Summer is right around the corner. There will be $$ to be made.

What does purchasing an A345s have to with WestJet? 0 point 0
 
watewate
Posts: 2216
Joined: Sun Nov 12, 2000 6:00 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:01 pm

I can't see it happening.

Note that the drop in load factor was over last year's number. This slight drop is certainly expected in light of depressed demand since 9.11.
 
CPDC10-30
Posts: 4681
Joined: Wed Feb 02, 2000 4:30 pm

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:18 pm

Funny though that WestJets load factors are lower than AC and we all know which one is not losing money  Smile
 
dripstick
Posts: 2320
Joined: Sat Dec 01, 2001 9:43 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:27 pm

LOL Lymanm

You're kidding right?
What's another word for thesaurus?
 
Fly_ATA
Posts: 594
Joined: Sat May 19, 2001 9:10 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:38 pm

Westjet is going just fine ....well run airline with great future in my opinion.
 
Cessnapimp
Posts: 1245
Joined: Sun Oct 07, 2001 11:46 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:42 pm

Oh no!
I'm flying them in 26 days! That's it! I'm going straight to that check-in counter tomorrow and give' em s**t 'till I get a refund.

Thanks for the 'fo. Mofo.
 
TNboy
Posts: 1115
Joined: Mon Mar 04, 2002 8:12 pm

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:43 pm

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
"...every aircraft is subtly different.."
 
Dash8King
Posts: 2657
Joined: Wed Nov 21, 2001 8:45 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:44 pm

Haha ok Lymanm you must get some pretty good sh*t down there in montreal, how about fedexing me some?
 
dripstick
Posts: 2320
Joined: Sat Dec 01, 2001 9:43 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 2:44 pm

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.
What's another word for thesaurus?
 
lymanm
Posts: 1100
Joined: Tue Jan 23, 2001 2:30 pm

Cessnapimp: You're OK

Mon Mar 11, 2002 2:57 pm

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.
buhh bye
 
Dash8King
Posts: 2657
Joined: Wed Nov 21, 2001 8:45 am

RE: Cessnapimp: You're OK

Mon Mar 11, 2002 3:05 pm

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
Posts: 594
Joined: Sat May 19, 2001 9:10 am

RE: Cessnapimp: You're OK

Mon Mar 11, 2002 3:11 pm

Continental has never "shut down"
 
Cessnapimp
Posts: 1245
Joined: Sun Oct 07, 2001 11:46 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 3:17 pm

That's what the feds want you to believe.
Hey Matt, you got a star!
 
fly_yhm
Posts: 1647
Joined: Fri Dec 01, 2000 1:12 pm

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 3:43 pm

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
Posts: 2000
Joined: Thu Jan 27, 2000 2:56 pm

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 4:02 pm

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
Posts: 675
Joined: Thu Mar 15, 2001 3:25 pm

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 4:12 pm

One Word-Sarcasm.
"So many planes; so little time..."
 
Jean Leloup
Posts: 1953
Joined: Fri Apr 06, 2001 10:46 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 4:47 pm

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...

"Ouestjet... Déprimé!!!...!!!"
Next flight.... who knows.
 
tygue
Posts: 220
Joined: Sun Jul 18, 1999 4:42 pm

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 5:10 pm

Oh dear. I hear Air Canada, Skyservice and Air Transat are going down with it!

Where's Greyhound when you need 'em?

 
DC10GUY
Posts: 2590
Joined: Fri Feb 18, 2000 5:52 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 9:49 pm

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
Posts: 2565
Joined: Sun Sep 23, 2001 3:11 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 9:58 pm

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  Big thumbs up

Shamu
So I drive a 4x4. So what?! Tax the a$$ off me for it...oh, you already have... :-(
 
donder10
Posts: 6944
Joined: Sun Oct 21, 2001 5:29 am

RE: Exclusive: Proof WJ Is Going Under!

Mon Mar 11, 2002 10:00 pm

I have a feeling this was posted in a sarcastic manner
 
VH-DAQ
Posts: 176
Joined: Thu Nov 01, 2001 9:16 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 12:08 am

[img]http://www.stopstart.fsnet.co.uk/aircraft2/737600.gif[/img]

just trying this!!!
 
VH-DAQ
Posts: 176
Joined: Thu Nov 01, 2001 9:16 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 12:09 am

whoopsy sorry bout that
 
aamd11
Posts: 863
Joined: Sat Nov 17, 2001 11:54 am

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 1:15 am

Something tells me this guy has something against the airline or its management....

simply put i think he has been sitting on something lately
 
rootsgirl
Posts: 512
Joined: Fri Mar 16, 2001 3:48 am

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 1:53 am

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 out of a molehill.

Your posting has absolutley no substance or proof behind it. Long live Westjet!
 
yow
Posts: 2125
Joined: Sun Jun 03, 2001 2:47 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 5:23 am

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's having a rough time. Their traffic only increased by 58% last month, that's way below average.  Big grin
 
yow
Posts: 2125
Joined: Sun Jun 03, 2001 2:47 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 5:25 am

Hey Lymanm, betcha didn't think sarcasm would generate so much interest eh!  Smile
 
Samurai 777
Posts: 2000
Joined: Thu Jan 27, 2000 2:56 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 5:50 am

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! Big grin
 
Cap'n Dan
Posts: 223
Joined: Sun Aug 19, 2001 5:49 am

Lymanm Is Right!

Tue Mar 12, 2002 8:46 am

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 cool . . . . . . .
 
crj-900
Posts: 83
Joined: Tue Jan 23, 2001 12:08 pm

RE: Exclusive: Proof WJ Is Going Under

Tue Mar 12, 2002 10:59 am

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 highest load factor amongst North American majors in Feb- 72%+(don’t have the article with me, not sure of exact figure). I am very sure AC would not kill for 68%.

Given the extent of solid evidence that lymenm has supplied, it would be difficult to argue Westjets financial status. Its to bad they were such a good little airline.
crj-900  Wink/being sarcastic
 
Dash8King
Posts: 2657
Joined: Wed Nov 21, 2001 8:45 am

RE: Exclusive: Proof WJ Is Going Under

Tue Mar 12, 2002 11:22 am

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/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20020308&archive=cnw&slug=c8778

 
fallingeese
Posts: 2031
Joined: Sat Apr 28, 2001 2:33 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 1:10 pm

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...
Mark McWhirter...Contrails Photography
 
bowen0614
Posts: 131
Joined: Wed Nov 14, 2001 3:39 pm

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 1:21 pm

Lymanm, are you kidding?
WestJet is going to bankrupt in 6 weeks??
 
Dash8King
Posts: 2657
Joined: Wed Nov 21, 2001 8:45 am

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 2:46 pm

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 sell my WJ stock tomorrow? Please help me!
 
BO__einG
Posts: 2646
Joined: Sun Apr 30, 2000 5:20 am

RE: Exclusive: Proof WJ Is Going Under!

Tue Mar 12, 2002 2:57 pm

Drink some beer and you'll feel better..


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