WestJet profit rises; says traffic growth to remain strong

Tue Jul 30, 2013 6:42am EDT
 
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(Reuters) - WestJet Airlines Ltd (WJA.TO: Quote), Canada's No. 2 airline, reported a 5 percent rise in second-quarter profit and said it expected traffic and revenue growth to remain strong in the current quarter.

Net income rose to C$44.7 million ($43.5 million), or 34 Canadian cents per share, from C$42.5 million, or 31 Canadian cents per share, a year earlier.

Revenue rose 4 percent to C$843.7 million.

(Reporting by Solarina Ho in Toronto and Bhaswati Mukhopadhyay in Bangalore)

 
A Westjet Boeing 737-700 takes off at the International Airport in Calgary, Alberta, May 3, 2011. REUTERS/Todd Korol