Clive Beddoe Quotes (14 Quotes)


    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.

    Both Air Transat and Air Canada went to a variable voting structure and we were the oddball,

    I don't think it's coming to any resolution. It's continuing down this very slow and arduous path.

    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.

    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.


    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.

    For the past three quarters we have simultaneously increased yield, load factors in the face of increased capacity.

    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.

    The changes to the executive structure reinforces the commitment that WestJet has to its guests, ... Russ' proven leadership and business judgment as an executive will help further strengthen our WestJet Executive team.

    These numbers point to us producing stronger first quarter results than last year as we continue to see improvements in both load factors and yield.

    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,

    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.

    It isn't so much the absolute price of oil, as it is the increasing price, ... If we sell seats based on 50 oil and then fly people at 65 oil, obviously it's not going to be good for earnings.

    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.


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