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" owing to the recession, H1N1 and "enhanced airport security measures," but said he was "ecstatic" despite the profit decrease because the Calgary-based LCC achieved profitability in all four ...

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