Elix Aviation Capital to Lease Two Bombardier Q400 to WestJet Encore

Dublin, Ireland, March 28 2018 – Elix Aviation Capital announces that it has completed lease agreements with WestJet Encore for two Bombardier Q400 aircraft.  With these agreements, Elix secures its first customer in Canada and fifth Q400 operator.

Commenting on the deal, Elix Chief Commercial Officer John Moore said:

“Elix is honored to be supporting WestJet’s Q400 fleet expansion with these leased aircraft. WestJet Encore’s deployment of the Q400 provides a great example of how turboprops add value to airline networks with their ability to profitably serve smaller markets”.

WestJet Encore’s President, Charles Duncan said:

“We are pleased with the opportunity provided by Elix Aviation Capital to continue our growth across Canada. The flexibility provided by this lease agreement supports our strategy of connecting more Canadians with low fares and a remarkable guest experience.”

About Elix Aviation Capital

Elix Aviation Capital is a turboprop aircraft leasing platform established in 2013 to offer comprehensive leasing solutions to airlines operating in the regional aircraft market.  The Elix platform is uniquely and well positioned to retain a market-leading presence in regional turboprop leasing and continue its streak of innovation and dedication to the sector. Elix has selectively built a diversified lease portfolio comprised of high quality Bombardier and ATR turboprops with an attractive and varied group of more than twenty lessees worldwide.  The platform is led by a management team with deep aviation expertise and a strong network of relationships across the industry.

About WestJet Encore and WestJet

Celebrating its 5th year in service in 2018, WestJet Encore is WestJet’s regional airline. Fueled by a fleet of over 40 Bombardier Q400 aircraft and 1,400 employees, WestJet Encore offers scheduled service to more than 30 destinations in North America.

WestJet is proud to be named Best Airline in Canada and one of the best Low Cost Airlines in North America, based on authentic reviews from the travelling public on Trip Advisor, the world’s largest travel site. Together with WestJet Encore, WestJet offers 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 and WestJet Encore destination with no blackout periods.

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