WestJet reports record third quarter net earnings of CA$138.4m

WestJet has posted its third quarter results for 2017, with record net earnings of CA$138.4m, as compared with the net earnings of CA$116.0m reported in the third quarter of 2016, up 19.4% and 21.6% respectively. WestJet achieved its 50th consecutive quarter of profitability and flew an all-time quarterly record of 6.5 million guests. Based on the trailing twelve months, the airline achieved a return on invested capital of 10.2%, up compared to the 9.8% reported in the previous quarter.