WestJet demonstrated its ability to manage costs and capacity in both the final quarter of 2007 and the full year, reporting record net earnings in both periods. Its full-year profit of C$192.8 million ($192.7 million) represented a 68.2% improvement over the C$114.7 million reported in 2006. Fourth-quarter net earnings of C$75.4 million were nearly triple the C$26.7 million earned in the year-ago period, though they were boosted by a $33.7 million gain related to a reduction in Canada's ...

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