WestJet commits to an order for 10 737-800s; sells 10 older aircraft

Victoria
By Victoria May 8, 2013 14:00

WestJet commits to an order for 10 737-800s; sells 10 older aircraft

WestJet has committed to order 10 Next-Generation 737-800s. The commitment, with a current list-price value of $891 million, is a key component of the Calgary-based carrier’s strategy to optimize and modernize its fleet.
WestJet has also announced that it has entered into an agreement with a third party to sell 10 of its oldest Boeing Next-Generation 737-700 aircraft to another party in 2014 and 2015.
This deal the commitment to buy 10 new 737-800NG aircraft in 2014 and 2015 has effectively reduced the average age of WestJet’s fleet by approximately one year. WestJet has deferred the delivery of five Boeing Next-Generation 737-700 aircraft from 2014 and 2015 to 2016 and 2017. “These agreements are part of our strategy to optimize and modernize our fleet mix, which will improve CASM, while maintaining fleet flexibility going forward,” said President and CEO Gregg Saretsky.

Victoria
By Victoria May 8, 2013 14:00
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