WestJet Airlines Ltd. (TSX: WJA) is a Canadian low-cost carrier based in Calgary, Alberta that flies within Canada and to the United States, Mexico and the Caribbean. WestJet is the second largest Canadian carrier behind Air Canada. WestJet is a rarity in the airline industry in that it is non-unionized. Profit-sharing is credited for this fact. WestJet plans to be one of the world's top five most profitable international airlines, by 2016.
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WestJet Airlines Ltd. (TSX: WJA) is a Canadian low-cost carrier based in Calgary, Alberta that flies within Canada and to the United States, Mexico and the Caribbean. WestJet is the second largest Canadian carrier behind Air Canada. WestJet is a rarity in the airline industry in that it is non-unionized. Profit-sharing is credited for this fact. WestJet plans to be one of the world's top five most profitable international airlines, by 2016.
WestJet is a public company with over 7,500 employees and 1.2 billion USD market capitalization.
Founded on February 29, 1996 by Clive Beddoe, David Neeleman, Mark Hill, Tim Morgan and Donald Bell, WestJet aimed to follow the same path as Southwest Airlines and Morris Air, as a low-cost carrier. The airline was originally intended to operate solely in western Canada, hence its name.
On February 29, 1996, the first WestJet flight (a Boeing 737) departed. At that time, the airline served Calgary (the airline's home city and headquarters), Edmonton,...
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