WestJet Breaks Records: Q1 Earnings, Load Factors Sky Rocket

The impact of an uncertain economy has not held back the Calgary-based airline WestJet, as it reported a 33.4% increase in first-quarter net earnings, and a record load factor for the month of April—an encouraging signal for Albertans in today’s tough financial times. In a report released Tuesday, the company announced its first quarter results for 2019, with net earnings of $45.6 million, a 5.5% increase in profit margin, among a minimal 0.3- percentage point decrease in operating margin from… (airwaysmag.com) More...