Canadian low-cost carrier (LCC) WestJet reported a net profit of C$140.7 million ($111.3 million) for the 2015 first-quarter, up 57.6% from a net income of C$89.3 million in the 2014 March quarter. WestJet’s first-quarter diluted earnings per share came to C$1.09, up 58% year-over-year (YOY) and a quarterly record for the company. It was WestJet’s 40th consecutive profitable quarter; its 12-month ROIC ended March 31 was 15.8%, up 1.5 points YOY. WestJet’s ...

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