ANALYSIS: WestJet predicts turnaround in 2019
https://www.flightglobal.com/news/ar...n-2019-454173/
Executives at Canadian carrier WestJet expect the company's unit revenue will tick higher in 2019, kicking off a broad financial turnaround for a carrier that has struggled amid a business transformation.
Several ongoing revenue-boosting efforts, technology investments and a decision to reign in capacity growth will help the Calgary-based company recapture the higher profit margins that have evaporated in recent quarters, they say.
"We see 2019 as being a big pop… back to normal levels," chief financial officer Harry Taylor says during an investor conference on 4 December. "We believe our earnings growth will substantially accelerate after a very tough year."