WestJet announces 4Q and 2009 financial results

WestJet Airlines (Calgary) yesterday (February 16) announced its fourth quarter and full-year results for 2009. The airline reported fourth quarter net earnings of C$20.2 million and full-year net earnings of C$98.2 million. The airline’s results were impacted by a non-recurring net future income tax reduction during 2009. Excluding this gain, WestJet reported adjusted fourth quarter net earnings of C$15.1 million and adjusted full-year net earnings of C$93.1 million.

This represents its 19th consecutive quarter of profitability.

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I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.