Westjet 2005 Annual Report Download - page 39

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2005 WESTJET ANNUAL REPORT
37
additional independent directors were added to the Board.
The Board, on the advice of management and outside
advisors, also approved revisions to the Company’s Code
of Conduct. The Board has also reviewed and considered
management’s proposals for updates to the Company’s
Disclosure, Confidentiality and Trading Policy, which was
finalized early in 2006. In addition, management, in
consultation with external advisors, began the preparation
of a mandate and procedures for a management Disclosure
Committee, which were presented to and approved by the
Board of Directors at its first 2006 meeting. This committee’s
purpose will be to ensure that all disclosures made by
the Corporation to its security holders or the investment
community should be accurate and complete and fairly
present the financial condition and results of operations
in all material respects, and should be made on a timely
basis as required by applicable laws, regulations and
stock-exchange requirements.
The Company has established and maintains disclosure
controls and procedures over financial reporting. The
certifying officers have evaluated the effectiveness
of WestJet’s disclosure controls and procedures as at
December 31, 2005 and have concluded that such
procedures are adequate and effective to ensure accurate
and complete disclosures in annual filings.
Outlook
Achieving profitability in spite of the challenges that
characterized 2005 was a testament to our people and
our low-cost operation. The unwavering commitment of
WestJetters to provide a superb guest experience, while
operating a safe and friendly airline, is the fuel that
continues to drive our success. Now, as we celebrate our
10th anniversary year beginning in February 2006, we
can proudly look back at our past accomplishments and
look forward to our future successes. With the outstanding
efforts of our dedicated people, coupled with the support
of our shareholders, WestJet will continue to soar.
March 9, 2006
Aleisha Adsett
Special Project Flight Attendant Secondment