WestJet reported 2008 net income of C$178.1 million ($145.2 million), down 7.6% from C$192.8 million in 2007, hailing the performance in a "roller coaster year" in which nearly all North American airlines posted losses. "This is another great news day for WestJet," President and CEO Sean Durfy told analysts yesterday, noting that the annual income was the second-highest in the LCC's history. He said WS's solid cash position (C$820 million on Dec. 31), low cost model and positive brand ...

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