Calgary-based WestJet reported its best-ever first-quarter earnings, posting net income of C$12.9 million ($11.4 million), a reversal of a net loss of C$9.6 million in the year-ago quarter. "With the Canadian airline industry returning to a more rational pricing environment, we returned to first-quarter profitability," President and CEO Clive Beddoe said Revenue for the quarter rose 31.6% to C$387.6 million on an 18.9% gain in RPMs to 2.3 billion. The carrier boosted capacity 10% to 2.63 ...

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