WestJet Airlines has reported a 138% cent increase in profits in the fourth quarter to $47.9 million, or 33 cents a share. Analysts were expecting 17 cents a share. Revenue rose to $692.8 million, from $570 million a year earlier, and for the full year, net earnings were $136.7 million, up from $98.2 million in 2009. Revenue was $2.61 billion from $2.28 billion. WestJet expects fuel costs to range from 82 cents to 84 cents per litre during the first quarter. “Our controllable costs remain in check and we feel our low-cost structure and fuel efficient fleet have us well

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In