WestJet CEO wants to grow domestic market share
March 24, 2010, Calgary - New WestJet CEO Gregg Saretsky says he wants to
increase the Calgary-based airline's domestic market share to about
50 per cent in the coming years.
March 24, 2010 By The Canadian Press
Saretsky says the discount airline now has about 38 per cent of the Canadian market.
He told the National Bank Financial transportation and logistics conference in Toronto that he expects the airline to achieve about 45 per cent market share in the next three or four years.
But Saretsky says getting to 50 per cent will be more difficult because many Canadian markets are too small to support WestJet's 119-seat planes and that no decision has been made to acquire smaller aircraft.
Saretsky also said that as the economy improves, the airline will be able to increase the use of its planes and add red-eye flights.
He also describes it as business as usual for the Calgary-based airline now that he has taken over from departing CEO Sean Durfy.