Expanding our success.

WestJet expanded on our success in 2013 as we introduced several new initiatives to enhance guest experience and grow our business. We achieved record earnings in 2013 and continued to earn awards as a top airline and employer.

In 2013, our network expansion continued as we added new destinations, and we announced our first transatlantic destination, Dublin, Ireland. As well, we added WestJet Encore's service to new communities in Western Canada. We now reach 88 destinations in 20 countries with our fleet of 113 Boeing 737 and Bombardier Q400 aircraft.

We successfully introduced WestJet Encore, as well as fare bundles and the Plus product, to the growing number of guests who choose to fly with WestJet and want different options. Supported by technological improvements, we continued to enhance the services we offer business and leisure guests with more choices for more segments of the market.

Our operational and financial success allowed us to continue delivering strong returns to our shareholders. We have now reported six consecutive quarters with a return on invested capital above our 12 percent sustainable threshold, and in February 2014, we announced the fourth increase to our quarterly dividend.

Our business model remains robust, supported by our ongoing commitment to providing our guests with a remarkable experience, delivered every day by nearly 10,000 WestJetters.

We will continue to expand on our success in 2014 and beyond, and look forward to sharing this success with everyone in WestJet's world.

See president's message to shareholders for cautionary note regarding forward-looking information.