Company Profile For WestJet Airlines Ltd.

WestJet Airlines Ltd. (WJA.TO) (Toronto Stock Exchange)

sector: Industrials · industry: Airlines ·

As of 1:44am IST

11.51CAD

Price Change

+0.11

Percent Change

+0.96%

Analyst Recommendations

Overview

WestJet Airlines Ltd. (WestJet) is engaged in the airline industy. WestJet operates fleet in North America, which comprises 76 Boeing Next-Generation 737 aircraft equipped with legroom, leather seats and live seatback television. Its fleet includes the Boeing Next-Generation 737-600, 737-700 and 737-800. During the year ended December 31, 2008, it began service to the destinations, such as Kamloops; Quebec City; Kona; New York City (via Newark); Bridgetown, Barbados; La Romana, Dominican Republic, as well as the Mexican destinations of Cancun and Puerto Vallarta. During 2008, the Company flew 14.3 million segment guests.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, WestJet Airlines Ltd.'s revenues decreased 12% to C$1.71B. Net income decreased 43% to C$78M. Revenues reflect lower income from guest revenue and decreased charter & other revenues. Net income also reflect higher airport operations cost, increased flight operations & navigational charges, higher marketing, general & administration expenses and increased depreciation & amortization expenses.