WestJet 737-700. Photo: By Rob Finlayson. WestJet reported first-quarter net income of C$48.2 million ($50.8 million), a big increase over a C$2.4 million profit in the year-ago period, as revenue jumped 24.7% year-over-year to C$772.4 million. The period marked the Calgary-based LCC's 24th straight quarter in the black. "To start 2011 with strong earnings in an environment of elevated fuel costs is another testament to the resiliency of WestJet," said President and ...

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