WestJet Cautious About Upturn, Expects Drop In 3Q Unit Revenue
Canadian airline WestJet expects third-quarter unit revenue to fall 16%-18%, and remains cautious about predictions of an economic recovery. This forecast comes as the carrier posts a 3.9 percentage point year-on-year drop in its August load factor to 84.5% on a 0.4% cut in capacity to 1.6 billion...
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