WESTJET Strategy Overview

73 Growing unencumbered aircraft¹ BOEING 737-800 C-FMWJ 9 2 28 58 51 46 96 92 77 2013 2014 2015 2016 2017 2017F 2018F 2019F 2020F YTD 1 The number of growing unencumbered aircraft assumes (i) WestJet's existing fleet, (ii) the terms of agreements WestJet has entered into with respect to future confirmed aircraft acquisitions as at the date of this presentation, (iii) repayment of existing secured long-term debt facilities as scheduled, and (iv) WestJet's continued ability to access unsecured financing alternatives TSE: WJA

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