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WestJet notified that Southwest Airlines terminates code-sharing agreement


News provided by

WestJet

Apr 16, 2010, 04:49 ET

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CALGARY, April 16 /PRNewswire-FirstCall/ - Today, Southwest Airlines provided WestJet notice of termination of their code-sharing relationship effective 30 days from today, after both parties agreed to move forward independently.

"Together, we believe that ending the agreement is best for both companies at this point in time," commented Hugh Dunleavy, WestJet's Executive Vice-President, Planning and Strategy.

Carrying more connecting guests to and from U.S. and international destinations is a substantial growth area for WestJet; U.S. connections are the larger opportunity. WestJet plans to sign and implement partnerships with strategically aligned carriers from each of the major regions around the world. To date, WestJet has been approached about potential partnerships by over 70 airlines, including a number of large U.S. carriers.

About WestJet

WestJet is Canada's preferred airline, offering scheduled service throughout its 69-city North American and Caribbean network. Inducted into the corporate culture hall of fame after being named one of Canada's most admired corporate cultures in 2005, 2006, 2007 and 2008, WestJet pioneered low-cost flying in Canada. WestJet offers increased legroom, leather seats and live seatback television provided by Bell TV on its modern fleet of 88 Boeing Next-Generation 737 aircraft. With future confirmed deliveries for an additional 47 aircraft through 2016, WestJet strives to be one of the five most successful international airlines in the world.

Forward-looking statement:

This disclosure contains forward-looking statements, including, but not limited to, statements regarding completion and implementation of strategic partnerships with other carriers. These forward-looking statements are based on WestJet's current assumptions and beliefs. However, these forward-looking statements are subject to, and may be affected by, numerous risks and uncertainties, some of which are beyond WestJet's control. WestJet's results may differ materially from those expressed in, or implied by, such statements. Factors that could cause or contribute to these differences include, but are not limited to: inability to complete agreements with strategic partners, changes in consumer demand, failure to successfully implement and/or remedy challenges regarding critical systems, general economic conditions, regulatory requirements, the competitive environment, and other factors described in WestJet's public reports and filings, which are available on WestJet's profile at www.sedar.com. Forward-looking statements are subject to change, and WestJet does not undertake to update, correct or revise any forward-looking statements as a result of any new information, future events or otherwise, except as may be required by applicable law.

SOURCE WestJet

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