Wednesday, 6 March 2013

Over a Million air travellers flew by West Jet in February





Earlier this week, West Jet announced it's numbers for the month of February which revealed that 1.4 million travels chose West Jet to travel by air. This means that there was a 5 percent increase from last year's numbers or 74000 more travels than February 2012. All this is great news for West Jet who reported profits at the end of last year and are planning to become one of the top airlines in the world.

"We are very pleased with the positive momentum generated in 2012 that culminated with us reporting record annual earnings, record high load factors and, for the second consecutive quarter, we surpassed our return on invested capital target of 12 per cent by achieving 13.7 per cent for the year," commented WestJet President and CEO Gregg Saretsky.

The airline's share rose by 15 cents from $22.55 to 22.70 and it still looking like it will be growing over the next few years. West Jet's current position and future position is also very promising for all the employees because of the company's policy to pay a portion of employees sales in shares of the company.


http://www.calgaryherald.com/business/WestJet+boosts+dividend+cent+record+2012+results+increase/7926162/story.html

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