WestJet finds formula for big first-quarter profit

WestJet reported first-quarter net income of C$52.5 million ($53.1 million), up 75.9% over C$29.9 million earned in the year-ago quarter, on a 27.3% boost in revenue to $599.3 million. President and CEO Sean Durfy credited the LCC's strategy of shifting a portion of its domestic capacity to expand...

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