Canada’s WestJet posts $219 million net profit for 2016

Credit: Rob Finlayson
Canadian low-cost carrier (LCC) WestJet reported a full-year 2016 net profit of C$295.5 million ($219.4 million), down 19.6% from C$367.5 million in 2015 . The Calgary-based LLC’s earnings were driven by a 15.9% increase in ancillary revenue, which management said was partially offset by “downward...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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