Media Advisory - WestJet to address new IFRS 16 leases accounting standard change
CALGARY, March 28, 2019 /CNW/ - Sarah Walker, Vice President, Controller and Supply Chain and Harry Taylor, Executive Vice-President Finance and CFO will hold a conference call to discuss WestJet's accounting policy changes under IFRS 16 leases and the related accounting impacts as well as answer questions about this accounting standard change.
Date: |
Wednesday, April 10, 2019 |
Time: |
10 a.m. PT / 11 a.m. MT / 1 p.m. ET |
Dial-in: |
Available in Toronto by calling 416-915-3239, in Vancouver by calling |
Webcast: |
http://services.choruscall.ca/links/westjet20190410ifrs.html |
Slides: |
The presentation slides will be shown on-screen during the webcast and |
On January 1st, 2019, WestJet adopted the International Financial Reporting Standard 16 – Leases (IFRS 16 – Leases). WestJet's First Quarter 2019 unaudited Condensed Consolidated Financial Statements and Notes and its first quarter 2019 Management's Discussion and Analysis of Results of Operations and Financial Condition, which will be filed on SEDAR at sedar.com and posted on WestJet's website at westjet.com on May 7, 2019, will include restated 2018 figures and a discussion of the changes under this new accounting standard.
A recording of the call will be available until April 24, 2019, across Canada and the United States by calling the toll-free number 1-800-319-6413 (access code 3056#). The webcast will be archived in the Investor Relations section of westjet.com for 90 days following the call.
Media and the public may join on a listen-only basis.
About WestJet
Together with WestJet's regional airline, WestJet Encore, we offer scheduled service to more than 100 destinations in North America, Central America, the Caribbean and Europe and to more than 175 destinations in over 20 countries through our airline partnerships. WestJet Vacations offers affordable, flexible vacations to more than 60 destinations and the choice of more than 800 hotels, resorts, condos and villas. Members of the WestJet Rewards program earn WestJet dollars on flights, vacation packages and more. Members use WestJet dollars towards the purchase of flights and vacations packages to any WestJet destination with no blackout periods, and have access to Member Exclusive fares offering deals to WestJet destinations throughout our network and those of our partner airlines.
WestJet is proud to be recognized as Best Airline in Canada and Travellers' Choice winner – North America for 2017 and 2018 in the TripAdvisor Travellers' Choice awards for Airlines. The airline was also named the Travellers' Choice Winner – Economy, North America, 2018. All awards are based on authentic reviews from the travelling public on TripAdvisor, the world's largest travel site. We are one of very few airlines globally that does not commercially overbook.
WestJet is publicly traded on the Toronto Stock Exchange (TSX) under the symbol WJA.
For more information about everything WestJet, please visit westjet.com.
Recent recognition includes:
2018 Number-One-Ranked Airline Credit Card in Canada (Rewards Canada)
2018 North America's Best Low-Cost Airline (Skytrax)
2018/2017 Best Airline in Canada and Travellers' Choice Winner Mid-Sized and Low Cost Airlines – North America (TripAdvisor Travellers' Choice awards for Airlines)
2018 Travellers' Choice Winner – Economy, North America (TripAdvisor Travellers' Choice awards for Airlines)
2018/2017/2016 Canada's Most Trusted Airline (Gustavson School of Business at the University of Victoria)
2016 Canada's most reputable company for Corporate Social Responsibility (Reputation Institute)2016/2015/2014/2013/2012 Ranked top three for Canadian Brands (Canadian Business Magazine)2016/2015/2014/2013 WestJet RBC World Elite MasterCard ranked #1 in Canada (MoneySense magazine)
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SOURCE WESTJET, an Alberta Partnership
WestJet Media Relations: 1-888-WJ-4-NEWS (1-888-954-6397), Email: [email protected]; WestJet Investor Relations, 1-877-493-7853, Email: [email protected], Website: www.westjet.com
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