WestJet posts full year 2012 net earnings of $242.4m

WestJet  announced its fourth quarter and year-end results for 2012. The airline reported fourth quarter net earnings of $60.9m and full-year net earnings of $242.4m up significantly from the net earnings of $148.7m reported for 2011. These financial results mark WestJet’s 31st consecutive quarter of profitability. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.7%, up from the 12.7% reported last quarter.