We deduce a product formula for the Whittaker W function whose kernel does
not depend on the second parameter. Making use of this formula, we define the
positivity-preserving convolution operator associated with the index Whittaker
transform, which is seen to be a direct generalization of the
Kontorovich-Lebedev convolution. The mapping properties of this convolution
operator are investigated; in particular, a Banach algebra property is
established and then applied to yield an analogue of the Wiener-L\'evy theorem
for the index Whittaker transform. We show how our results can be used to prove
the existence of a unique solution for a class of convolution-type integral
equations.Comment: 24 pages. Accepted for publication in Journal of Mathematical
Analysis and Application