WestJet reports fourth quarter and full-year results

WestJet has released its fourth quarter and year-end results for 2017, with full-year net earnings of CA$283.6m. compared with net earnings of CA$295.5m reported in the full-year 2016. The airline reported fourth quarter net earnings of CA$48.5m, compared to CA$55.2m reported in the fourth quarter of 2016. Based on the trailing twelve months, the airline recorded a return on invested capital of 10.0%, down 0.2 percentage points from the 10.2% reported in the previous quarter.