WestJet earned net income of C$284 million ($224 million) in 2014, up 5.7% over a net profit of C$268.7 million in 2013, and was in the black for the 39th quarter in a row in the fourth quarter. The Calgary-based low-cost carrier (LCC) reported a return on invested capital (ROIC) of 14.3% for the 12 months ended Dec. 31, 2014, an improvement over 2013’s 13.8% ROIC and the 10th straight quarter that ended with WestJet’s 12-month ROIC exceeding its 12% goal. CFO Vito Culmone ...

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