WestJet Airlines profit rises 11 pct

Tue Feb 4, 2014 6:39am EST
 
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Feb 4 (Reuters) - WestJet Airlines Ltd, Canada's second-largest carrier, reported an 11 percent rise in fourth-quarter profit on Tuesday, helped by lower costs.

The Calgary, Alberta-based airline said net earnings rose to C$67.8 million ($61.3 million), or 52 Canadian cents per share, in the quarter ended Dec 31, from C$60.9 million, or 46 Canadian cents per share, a year earlier.

Revenue was 8 percent higher at C$926.4 million, WestJet said.