CALGARY - The new short-haul carrier WestJet Airlines Ltd. is considering would operate separately from the main airline, but help draw more traffic into its network, CEO Gregg Saretsky said Thursday.
"This will be a wholly owned subsidiary with a single fleet of turbo-props, where the operations, the maintenance, the in-flight, the airport and the pilots are part of a separate company, but owned by the same parent," he told an investor conference in New York.
The move would benefit the main network, though, as it would draw more passengers from smaller destinations into major hubs, such as Calgary, he told the conference, sponsored by the Raymond James brokerage.
The Calgary company (TSX:WJA) announced last month it is considering a regional carrier that would give it a presence in smaller markets where competitor Air Canada (TSX:AC.B) is currently the only game in town.
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