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Thread: WestJet traffic surges in Nov.
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Old Dec 10, 2003 | 3:41 pm
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B767
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Location: GRIMSBY, Ontario CANADA
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QUOTE]Originally posted by parnel:

Their CCAA day will come!!!![/QUOTE]

No doubt about it, they are done like dinner!

- 27 consecutive quarters of profitability
- Positive cash flow
- Net earnings up 39.8%
- 15.9% reduction in CASM
- youngest fleet in Canada
- new equipment coming on line monthly

Sure "LONG TERM DEBT" went up. It's not like they borrowed the money to run the competition out of business and have nothing to show for it, except the debt! They have acquired modern fuel efficient equipment that are lowering their operating costs. You might not like WJ, but their balance sheet is hardly a mess, especially considering the capital intensive nature of the airline industry.

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