WestJet released its third quarter 2014 results, with net earnings of CAD52.2m, compared to CAD65.1m in the third quarter of 2013, down 19.8%. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.8%, compared with the 13.7% reported in the previous quarter. These adjusted results exclude a pre-tax non-cash loss of CAD45.5m associated with the previously disclosed sale of 10 of its oldest Boeing 737 aircraft.
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Tamar Jorssen
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada