Canadian low-cost carrier  (LCC) WestJet reported a full-year 2016 net profit of C$295.5 million ($219.4 million), down 19.6% from C$367.5 million in 2015. The Calgary-based LLC’s earnings were driven by a 15.9% increase in ancillary revenue, which management said was partially offset by “downward pressure on our fares [related] to the economic downturn of the energy sector [in western Canada].” On a per-guest basis, WestJet’s ancillary fees in 2016 ...

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