Clive Beddoe
Clive Beddoe
Clive Beddoeis a founding shareholder and Chairman of the Board of Directors of WestJet Airlines...
achieved add airline attain breaking continuing factors hard improved load past record three witnessed
During this quarter, we have witnessed record breaking load factors as well as improved yields, all of which we have achieved while continuing to add capacity. This accomplishment, which is hard to attain in the airline industry, is one we have now achieved over the past three quarters.
arduous coming continuing slow
I don't think it's coming to any resolution. It's continuing down this very slow and arduous path.
accepted arthur board both fortunate forward hugh unique varied welcome
Both Arthur Scace and Hugh Bolton's unique and varied experiences are welcome additions to WestJet's Board of Directors. We are fortunate that Mr. Scace and Mr. Bolton have accepted these positions, and we look forward to the contributions they will make.
air both canada structure variable voting
Both Air Transat and Air Canada went to a variable voting structure and we were the oddball,
profitable question third
We'll be profitable in the third quarter. There's no question about that.
cent early expense fuel higher less mitigate per period quarter retirement versus
On an available-seat-mile basis, our fuel expense was 11.9 per cent higher in the first quarter of 2006 versus the same period in 2005. We managed to mitigate this expense with the early retirement of our less fuel-efficient 200-series aircraft.
based fly good oil people seats sell
We sell seats based on USD$50 oil and then fly people at USD$65 oil. Obviously, it's not going to be good for earnings,
although belief firmly higher increases price prices remain sudden
With a higher price of fuel, higher prices must prevail, although I remain firmly of the belief that sudden and significant increases do de-stimulate the market.
bit declined foreign months ownership price recent somewhat worth
Foreign ownership has declined somewhat in recent months with the run-up in the price of fuel, as the sector's been a little bit out of favor, but it's still worth our while to do it (reclassify the shares) in preparation for when that reverses,
fact might prime quite year
It may not be quite at the same prime times or the same prime times of the year that they might like, but the fact is there will still be opportunities.
changes hope huge large limited multiple offering past service software summer tickets
It's a very large software system. It's a huge project. Our hope is that by the summer of 2006, we'll have it in place. We have been limited in the past from offering service upgrades or refundable tickets or multiple changes without fees.
reality way accepting
The only way for the market to accept this reality is if fares are advanced slowly and cautiously, and the very low fares do still appear from time-to-time in the market to allow those who will not travel without them to have access to our service.
aspect assisted becoming continued corporate culture focus founding leader member role stage
As a founding member of our organization, Don's focus on our corporate culture has assisted WestJet in becoming a leader in our industry. ... His new role in this important aspect of our organization will set the stage for continued success.
airlines canadian cost lower mistakes people worry
Some people worry that we're going to make the same mistakes that Canadian Airlines did, and I say, 'No, we're not, because we have a much lower cost structure.' And it's not frills that we'll be adding. It's convenience.