WestJet reports record third quarter net earnings of C$85.4 million

WestJet (Calgary) has announced its third quarter 2014 results, with record adjusted net earnings of $85.4 million (all amounts in Canadian dollars), or $0.66 per diluted share. This compares with the net earnings of $65.1 million, or $0.50 per diluted share reported in the third quarter of 2013, up 31.2 per cent and 32.0 per cent, respectively. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.8 per cent, compared with the 13.7 per cent reported in the… (worldairlinenews.com) Mais...