Calgary-based WestJet returned to the black for the fourth quarter and full year 2005, earning C$1 million ($0.87 million) and C$24 million respectively against losses of C$46.3 million and C$17.2 million in the comparable 2004 periods. "WestJet achieved a significant turnaround during the last quarter. . .even though net income remained disappointing," President and CEO Clive Beddoe said during a webcast. "We remained profitable during a period when jet fuel prices escalated to ...

Subscribe to Access this Entire Article

"WestJet ends quarter, year in profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.