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WestJet sets record net 4Q earnings, full year up 40%


Reporting its 23rd consecutive profitable quarter, WestJet posted record 4Q2010 earnings at CAD47.9 million on total revenues of CAD692.8 million, up 21.5%. Ex special items posted in 2009, earnings were up 217% year on year in the quarter. For the year, net earnings were up 40% to CAD136.7 million on a 14.4% increase in total revenues to CAD2.6 billion. [1951 words]

Unlock the following content in this report:


  • Focus on the business traveller
  • Expedia deal raises questions
  • New airline partnerships
  • Ancillary revenues up
  • Guidance
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