WestJet rated as ‘investment grade’ by Moody’s

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WestJet  has  announced that it has been assigned a ‘Baa2’ senior unsecured issuer rating and a ‘Baa2’ senior unsecured notes rating (“investment grade”) with a stable outlook by Moody’s Investors Services.

“This rating puts us in elite company as one of the few airlines in the world to receive an investment grade credit rating from Moody’s,” said Harry Taylor, WestJet’s Executive Vice-President, Finance and CFO, in Calgary on Monday. “The rating reflects our significant liquidity, robust capital structure, and solid business model.”

“We are proud to be Canada’s highest-rated airline for customer service, powered by an award-winning culture of care and recognized as one of the country’s top employers,” Taylor said. “We offer scheduled service to 100 destinations in North America, Central America, the Caribbean and Europe. Through our regional airline, WestJet Encore, and with partnerships with airlines representing every major region of the world, we offer our guests more than 150 destinations in more than 20 countries. Leveraging WestJet’s extensive network, flight schedule and remarkable guest experience,

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Recent recognition for WestJet includes:
2015/2011/2010/2008/2007/2006/2005 Canada’s Most Admired Corporate Culture (Waterstone Human Capital)
2015 Best Employers in Canada (Aon Hewitt)
2015/2014/2013 WestJet RBC World Elite MasterCard ranked #1 in Canada (MoneySense magazine)
2014/2013 WestJet RBC World Elite MasterCard ranked #1 in the Canada’s Choice ranking (RewardsCanada.ca)
2014 Interbrand Canada’s Best Canadian Brands (Rank #20)
2014 Brands of the Year (Strategy magazine)
2014 Canada’s Most Preferred Airline (Ipsos)
2014 Value Airline of the Year (Air Transport World magazine)
2014/2013/2012 Canada’s Most Attractive Employer (Randstad)
2014/2013/2012/2011 Highest equity score: airline, vacation package supplier brands (Harris/Decima EquiTrend Study) – PRNewswire.

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