WestJet Profit Drops Due To Fuel, Low Fares

WestJet's second-quarter profits sank nearly 70% to C$2.3 million due to high fuel costs and low fares, but the airline was glad to see numbers in the black after several consecutive quarters of losses. Revenue increased 26.9% to C$326.4 million on a 23.3% jump in capacity. WestJet's load factor for...

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