18-Feb-2010 12:20 PM
WestJet profitable despite 4Q2009 slump; Equal mix of profitable/non-profitable routes for AirAsia X
Analysis
WestJet (shares up 1.2%) reported its 19th consecutive quarter of profitability in the three months ended Dec-2009, but unveiled a 52% slump in net profit (to USD19.3 million) and a 7.4% reduction in revenues (to USD545 million).
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