WestJet to grow capacity 9%-10% in 2010 despite 45% profit drop

WestJet reported 2009 net income of C$98.2 million ($94 million), down 45% from C$178.5 million in 2008, and said it plans to reaccelerate growth this year after slowing annual capacity expansion to just 2.6% in 2009. President and CEO Sean Durfy acknowledged that last year was "very challenging"...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.