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“This places us among the very few airlines in the world with an investment grade credit rating,” said Vito Culmone, WestJet’s executive vice-president of finance and CFO. “This rating reflects our strong liquidity, conservative capital structure and solid market position. Combined with 35 consecutive quarters of profitability, driven by our culture of ownership and care, this BBB- Stable rating will provide us with additional forms of cost-effective financing options going forward.”
Caution regarding forward-looking information
Certain information set forth in this news release, including, without limitation, information regarding additional forms of cost-effective financing options going forward, is forward-looking information within the meaning of applicable Canadian securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond the Corporation’s control, including those risk factors referred to under the heading “Risks and Uncertainties” in WestJet’s management’s discussion and analysis for the year ended Dec. 31, 2013. Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. WestJet does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.
