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WestJet says Swoop will reap double the traveller fees

WJ says Swoop will reap double the traveller fees

2017 11 01

2017 11 01

WestJet says its low-cost carrier Swoop will reap double the traveller fees

Swoop is set to launch service in June with two 189-seat Boeing 737-800s. The fleet will increase to six planes by September and 10 in the summer of 2019.

 

By ROSS MAROWITS -- The Canadian Press

 

WestJet Airlines Ltd. saw its third-quarter profit grow by about 20 per cent compared with a year ago as it increased capacity and traffic. The airline says it earned $138.4 million or $1.18 per diluted share for the quarter that ended Sept. 30. That compared with a profit of $116.0 million or 97 cents per diluted share in the same quarter last year. Revenue totalled $1.22 billion, up from $1.12 billion.

Capacity in the quarter measured by available seat miles increased 5.8 per cent, while traffic measured by revenue passenger miles increased 7.9 per cent compared with a year ago. WestJet’s load factor for the quarter amounted to 85.7 per cent, up from 84.0 per cent.

Flying on WestJet’s low-cost carrier Swoop will come with a price: ancillary fees that will cost travellers about twice what they pay on the mainline carrier, the CEO of the Calgary-based airline said Tuesday.

Gregg Saretsky said he expects non-fare fees on Swoop will be very similar to so-called ultra low-cost carriers in the U.S.

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