February 2, 2016 / 11:41 AM / in 2 years

WestJet Q4 profit falls as Alberta economy weakens

Feb 2 (Reuters) - Canada’s WestJet Airlines Ltd reported a smaller quarterly profit, hurt by a weak economy in Alberta and a foreign exchange loss.

Net earnings fell to C$63.4 million ($45.26 million), or 51 Canadian cents per share, in the fourth quarter ended Dec. 31, from C$90.7 million, or 70 Canadian cents per share, a year earlier.

Revenue fell 3.6 percent to C$958.7 million. ($1 = 1.4007 Canadian dollars) (Reporting By Allison Lampert in Montreal and Anet Josline Pinto in Bengaluru; Editing by Anil D‘Silva)

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