WestJet 3Q net profit down 66% as fuel costs, labor issues rise

Credit: Rob Finlayson
Canada’s WestJet overcame rising fuel prices and other headwinds to post a third-quarter (3Q) net profit of C$45.9 million ($35 million), down 66.3% from the C$135.9 million reported in the year-ago quarter. The Calgary-based LCC has faced “downward pressure from the dramatic increases in fuel price...

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