WestJet - Rare profit in tough 3Q08, but showing signs of challenging operating environment

WestJet continued its profitability trend in the three months ended 30-Sep-08 (3Q08), reporting a net profit of USD45.4 million (although this represented a 28.1% year-on-year reduction) and an operating profit of USD80.9 million (representing an operating margin of 13.7%, and a reduction of 24.8% year-on-year). However, WestJet’s 3Q08 results, while “among the best worldwide”, reflected the challenges in the current operating environment, characterised by fluctuating oil prices and tumultuous conditions in the financial and economic environment.

This CAPA Premium Analysis article is 1,634 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com