WestJet posts $49.8 million 2Q net profit; raises ROIC target

Credit: Rob Finlayson
Calgary-based WestJet earned net income of C$61.6 million ($49.8 million) in the second quarter, up 18.9% from a net profit of C$51.8 million in the 2014 June quarter, marking its 41st consecutive quarter in the black. Second-quarter yield did fall 4% year-over-year to C$0.181, owing in part to what...

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