WestJet reported 2008 net income of C$178.1 million ($145.2 million), down 7.6% from C$192.8 million in 2007, hailing the performance in a "roller coaster year" in which nearly all North American airlines posted losses. "This is another great news day for WestJet," President and CEO Sean Durfy told analysts yesterday, noting that the annual income was the second-highest in the LCC's history. He said WS's solid cash position (C$820 million on Dec. 31), low cost model and positive brand ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.