WestJet traffic surges in Nov.
So did it's debt.
WS has been leaving copies of it's quarterly results at the check-in counters lately. Looking through the fine print, WS had long-term debt of $36,554,000 on Sept. 30, 2002. On Sept. 30, 2003 long-term debt was $528,734,000.
Average payments on long-term debt are about $50,000,000/yr for each of the next 5 years.