Westjet 2015 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2015 Westjet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 101

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101

WestJet Annual Report 2015 | 13
The following table depicts our newest destinations announced in 2015:
Destination Operated by
Service started or
scheduled to
commence
WestJet Encore’s expansion in Atlantic Canada is
representative of WestJet's continuing commitment to
expanding WestJet service to smaller-sized cities from
coast to coast, offering Canadians lower airfares, more
choice and greater connectivity to the airline's broader
network. The launch of service
between Calgary and
Houston is a key destination for both our business and
leisure travelers.
On January 6, 2016, we announced that flights from
Calgary and Toronto to London, United Kingdom will now
operate on a year-round basis. This extension represents
another important step in the international expansion of
WestJet. Our business and leisure guests will have the
opportunity to take advantage of our low fares, high
value and remarkable guest experience on both sides of
the Atlantic.
On January 25, 2016, we announced our 2016 summer
schedule, which includes non-stop service from Toronto
to Nashville and Los Angeles as well as increased service
out of Toronto to Ottawa, Montreal and Fredericton. This
will add greater flexibility for our business travellers.
Houston, Texas WestJet Summer 2015
Gander, Newfoundland WestJet and
WestJet Encore Summer 2015
Loreto, Mexico (seasonal) WestJet February 14, 2015
London, United Kingdom WestJet Spring 2016
Boston, Massachusetts WestJet Encore Winter 2015-2016
West Palm Beach, Florida WestJet Winter 2015-2016
Sarasota, Florida WestJet Winter 2015-2016
Huatulco, Mexico WestJet Winter 2015-2016
Merida, Mexico WestJet Winter 2015-2016
San Jose, Costa Rica WestJet Winter 2015-2016
Nashville, Tennessee WestJet Encore Summer 2016
During 2015, we initiated two new code-share agreements: Philippine Airlines and most recently in the fourth quarter of 2015,
Aeroméxico. We continued to focus on developing our relationships with our 46 airline partners as establishing strong airline
partnerships continues to be a key strategy of ours. Our partnerships enable our guests to access over 160 destinations.
In the fourth quarter of 2015 we added one new Q400 aircraft to our fleet for a total of 24 Q400s. We also added six Boeing
737 800 series aircraft to our fleet for a total of 114 Boeing 737 NG aircraft at December 31, 2015. We took delivery of the
second of four Boeing 767 aircraft in the fourth quarter of 2015. Our first Boeing 767 aircraft was put into service on October
22, 2015 and on December 30, 2015 we received extended-range twin-engine operations (ETOP) certification for the Boeing
767 aircraft which allows us to fly this aircraft over long bodies of water. We anticipate the remaining two Boeing 767 aircraft
will be delivered in early 2016. The addition of wide-body aircraft to our WestJet fleet allows us to explore the expansion of
our operations into additional overseas markets.
As our fleet, including our future deliveries of Boeing 737 MAX aircraft and wide-body Boeing 767s, continues to expand, we
expect to establish additional profitable routes in Canada, the U.S. and internationally. Our evolving aircraft mix allows us to
provide increased route frequency, increased non-stop routes and improved scheduling times and connectivity to our guests.
Corporate commitment
While we have a healthy balance sheet and are achieving record results, it is important that we are proactive in our approach
to managing our business to ensure our continued profitability. In 2015, we experienced a healthy demand environment and
our overall brand and increasing network strength continued to bolster our strong earnings performance, even with the
uncertainty in the Alberta economy. The ability to protect and grow our earnings, in light of a volatile fuel price environment,
fluctuating foreign exchange rates and changes in the competitive environment, is important to our business. We are
committed to working in collaboration with all WestJetters on implementing revenue management strategies, pricing initiatives
and cost-reduction strategies in order to set our company up for ongoing successful low-cost operations for years to come.