WestJet reports first quarter net earnings of $91.1m

WestJet announced its first quarter results for 2013. The airline reported record net earnings of $91.1m, up from the net earnings of $68.3 million reported in the first quarter of 2012. These results mark WestJet’s 32^nd consecutive quarter of profitability. Based on the trailing twelve months, the airline achieved a return on invested capital of 14.3%, up from the 13.7% reported in the previous quarter.