WestJet profit rises 33 pct on higher load factor

Tue May 7, 2013 6:40am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

May 7 (Reuters) - WestJet Airlines Ltd, Canada's second-largest airline, reported a 33 percent rise in profit as it flew fuller planes in the first quarter.

Net earnings rose to C$91.1 million ($90.3 million), or 68 Canadian cents per share, from C$68.3 million, or 49 Canadian cents per share, a year earlier.

Load factor - the percentage of available seats filled with paying customers - rose to 84.3 percent from 83 percent a year ago.