Air Transport World

Calgary-based WestJet.(North America report)(profits and revenues)(Brief Article)

Calgary-based WestJet earned C$60.5 million ($45.6 million) last year, up 16.9% compared to C$51.8 million in 2002. Total revenues rose 26.4% to C$859.6 million while expenses climbed 24.7% to C$740.1 million. Operating income totaled C$119.5 million, up 39.4% over C$86.4 million in 2002. WestJet enjoyed net income of C$12.8 million in the fourth quarter, a 37.4% increase over C$9.3 million earned in the year-earlier period. …

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