WestJet earned a second-quarter 2017 net profit of C$48.4 million ($37.2 million), up 32% over net income of C$36.7 million in the 2016 June quarter, marking its 49th consecutive profitable quarter. The strong financial performance buttresses Calgary-based WestJet, Canada’s second largest airline, as it pursues two major initiatives: the establishment of an ultra low-cost carrier (ULCC) subsidiary and the introduction of Boeing 787-9 aircraft into its fleet. The ULCC will begin ...

Subscribe to Access this Entire Article

"WestJet 2Q net profit up 32%; eyes 787 flights to China" 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.