WestJet returns to 2Q profitability ahead of acquisition by Onex

Credit: WestJet
Canadian LCC WestJet posted a C$44.3 million ($33.6 million) net profit in the second quarter (2Q), reversing a C$15.8 million loss in the year-ago period, despite the grounding of the airline’s 13 Boeing 737 MAX 8 aircraft. The company credited the return to profitability primarily to higher...

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