ANALYSIS: WestJet predicts turnaround in 2019

Old Dec 5, 18, 10:21 am
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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."
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Old Dec 5, 18, 11:17 am
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As long as they can avoid scaring away passengers with labour unrest they should have a better year than 2018.
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Old Dec 5, 18, 1:55 pm
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Originally Posted by smallmj View Post
As long as they can avoid scaring away passengers with labour unrest they should have a better year than 2018.
That and they also need to effectively and efficiently manage their wide body service. I'm concerned that money could start pouring out next year if any cracks emerge in the wide body service.
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