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Originally Posted by FormerWingTipper
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Feels like the author has a chip on his shoulder about WestJet. That choice of metric is a bit of an odd one. I am not an aviation financial analyst, but that's the first time I've ever heard anyone care about that metric. Usually it's all about RASM, CASM, and yield.
In latest quarter earnings, AC's RASM is 14.4 cpm, WS is 13.7 cpm. AC's CASM is 15.1 cpm, and WS is 14.1 cpm. Yield: AC is 17.3 cents, WS is 16.4. Pretty close where it counts.
I'm not going to attempt to do a serious analysis of AC vs WS here, but suffice it to say that it's misleading to focus on the revenue per employee numbers.