June 24, 2008
WestJet Comments on Announcement By Ottawa Airport Authority to Reduce Terminal Fees
CALGARY, ALBERTA--(Marketwire - June 23, 2008) - WestJet (TSX:WJA) today commented on the announcement made this morning by the Ottawa International Airport Authority to reduce terminal fees. In response to skyrocketing fuel costs and the weakened economies in Canada and the U.S., effective July 1, 2008, the Authority will reduce its general terminal fees by five per cent.
"We thank the Ottawa International Airport Authority for its voluntary decision to reduce terminal fees and commend it for acknowledging the increasing cost pressures airlines are facing as a result of fuel prices," commented Ken McKenzie, WestJet Executive Vice-President, Operations. "As we continue to focus on ways to reduce our costs, we are also looking to the rest of Canada's airports to follow the cost-reduction initiatives demonstrated by Ottawa in today's announcement. As Canadian airports set their 2009 rates, we hope they do their part to ensure air travel remains affordable for all Canadians."
WestJet is Canada's leading high-value low-cost airline offering scheduled service throughout its 47-city North American and Caribbean network. Named Canada's most admired corporate culture in 2005, 2006 and 2007, WestJet pioneered low-cost flying in Canada. WestJet offers increased legroom and leather seats on its modern fleet of 75 Boeing Next-Generation 737 aircraft, and live seatback television provided by Bell ExpressVu. With future deliveries for an additional 46 aircraft, bringing its fleet to 121 by 2013, WestJet strives to be the number one choice for travellers.
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