WestJet Airlines Ltd. saw its third-quarter profit grow by about 20 per cent compared with a year ago as it increased capacity and traffic.
The airline (TSX:WJA) says it earned $138.4 million or $1.18 per diluted share for the quarter that ended Sept. 30.
That compared with a profit of $116.0 million or 97 cents per diluted share in the same quarter last year.
OBJ360 (Sponsored)
Sidi.io draws VIP crowd at cheers and chats
You don’t always need to hit a business milestone to throw a really good party. That was the case on May 2, when digital marketing firm Sidi.io gathered its clients
What’s on tap at Ottawa’s Hard Rock Casino this summer
Ottawa’s Hard Rock Casino has big plans to keep you entertained all summer long!
Revenue totalled $1.22 billion, up from $1.12 billion.
Capacity in the quarter measured by available seat miles increased 5.8 per cent, while traffic measured by revenue passenger miles increased 7.9 per cent compared with a year ago.
WestJet’s load factor for the quarter amounted to 85.7 per cent, up from 84.0 per cent.