Despite the loss of revenue from 18 days of grounded Boeing MAXs at the end of last quarter, WestJet posted a C$45.6 million ($33.8 million) profit, up 30% from $34.2 million in the year-ago period. Revenue totaled C$1.26 billion, up 6% year-over-year.  Systemwide RASM was up 0.2%. CASM rose 0.9%, while CASM-ex fuel and profit sharing rose 0.6%. “We remain committed to prudent cost management and to keeping our controllable expense growth in line with capacity growth,” ...

Subscribe to Access this Entire Article

"WestJet 1Q profit up 30%; no short-term leases for MAX coverage" 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?

Already registered? here.