Record quarter for WestJet

WestJet first quarter results for 2015 show with record net earnings of $140.7 million, or $1.09 per diluted share. This compares with the net earnings of $89.3 million, or $0.69 per diluted share reported in the first quarter of 2014, up 57.6 per cent and 58.0 per cent, respectively. WestJet achieved an on-time performance rate of 78.0 per cent in the first quarter, a year-over-year improvement of 10.1 percentage points. Based on the trailing twelve months, the airline achieved a return on invested capital of 15.8 per cent, compared with the 14.3 per cent reported in the previous quarter. “We