WestJet reported third-quarter net income of C$54.7 million ($46 million), down 28.1% from C$76.1 million last year, saying it was hurt by high fuel costs and "the beginning of a more challenging environment for demand." Nevertheless, President and CEO Sean Durfy touted the Calgary-based carrier's continued capacity expansion, which included 20.1% growth in the third quarter, as "purposeful and profitable" at a time when many airlines are reducing capacity and losing money. The capacity ...

Subscribe to Access this Entire Article

"WestJet net income falls 28% but 'profitable' expansion continues" 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.