tcook052
Aug 5, 10, 7:05 am
http://www.reuters.com/article/idUSN0521244720100805
OTTAWA, Aug 5 (Reuters) - WestJet Airlines Ltd (WJA.TO) posted a big jump in quarterly profit on Thursday, but the discount carrier said it would delay delivery of some planes and boost capacity largely outside Canada due to economic uncertainty.
Canada's second-biggest airline said it earned C$21 million ($20.8 million), or 14 Canadian cents per share, up from C$9.2 million, or 7 Canadian cents per share, in the same period last year.
Excluding one-time items, the company said profit rose to C$23.4 million, or 16 Canadian cents per share, from C$9.2 million, or 7 Canadian cents per share.
Revenue rose 15 percent to $612 million from $531 million.
OTTAWA, Aug 5 (Reuters) - WestJet Airlines Ltd (WJA.TO) posted a big jump in quarterly profit on Thursday, but the discount carrier said it would delay delivery of some planes and boost capacity largely outside Canada due to economic uncertainty.
Canada's second-biggest airline said it earned C$21 million ($20.8 million), or 14 Canadian cents per share, up from C$9.2 million, or 7 Canadian cents per share, in the same period last year.
Excluding one-time items, the company said profit rose to C$23.4 million, or 16 Canadian cents per share, from C$9.2 million, or 7 Canadian cents per share.
Revenue rose 15 percent to $612 million from $531 million.