WestJet intends to cut C$25 million ($22.3 million) from its cost base over the next six months, President and CEO Sean Durfy said Friday at the carrier's investor day, available via webcast. "We have to really look at the cost because, as I said, revenues are coming down and our cost structure is staying relatively flat, so we are getting a margin squeeze," he explained. A spokesperson told several media outlets that no layoffs are planned. Durfy also moved to ease concerns over the delay ...

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