WestJet 737-700. By Rob Finlayson Canadian low-cost carrier WestJet (WS) reported a 2011 net profit of C$148.7 million ($149.3 million), up 64.9% from C$90.2 million in net income in 2010, and announced it will launch a regional turboprop airline next year. Regarding the new regional affiliate, which will fly under its own operating certificate, WS president and CEO Gregg Saretsky told analysts and reporters, "We're trying to the degree possible to replicate the way WestJet ...

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