CALGARY — WestJet Airlines plans to launch a new cheaper fare category that would be available to travellers willing to fly without a carry-on bag.
CEO Alexis von Hoensbroech told a Calgary business audience Wednesday that the new "ultra-low" fare category will be introduced within "a couple of weeks" and will appeal to the most budget-conscious travellers.
"On the older airplanes that we have, they are smaller, you actually get less bags in them," he said. The thinking behind the model is that budget-conscious travellers can choose to pay a stripped-down, basic fare while more comfort-minded passengers can purchase extras like the ability to select a seat, check a bag or access in-flight entertainment.
"It's part of our philosophy that we want to offer choice ... and I think we can do more than we have been doing."On today's Good Buy or Goodbye segment, Gabelli Funds co-CIO Chris Marangi joins host Julie Hyman to navigate the best stock picks for investors in the sports media sector. Marangi names Atlanta Braves Holdings as a stock to buy, highlighting the "very few opportunities to own sports assets in the public market.
Flair Airlines Overhead Bin Cheapest Fare Category Hoensbroech
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