WestJet Credits Record Profit To Strategy, Exchange Rate
Calgary-based WestJet reported a record first quarter profit of $52.5 million, 75.9% higher than in the first quarter of 2007, on a 27.3% increase in revenue to $599.3 million. The growing low-cost carrier’s operating margin for the quarter was 13.8%. WestJet President and CEO Sean Durfy credited...
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