WestJet Airlines Boeing 737-8CT WL C-GWSR (msn 35288) YYZ (TMK Photography), originally uploaded by Airliners Gallery.
WestJet Airlines (Calgary) today reported second quarter 2010 net earnings of C$21 million, or 14 cents per diluted share, which marks its 21st consecutive quarter of profitability and a 130 per cent increase in net earnings, year-over-year. Excluding the impact of a one-time special item related to revised estimates for provincial income tax allocation calculations in the second quarter of 2010, WestJet’s adjusted second quarter net earnings for 2010 were $23.4 million or 16 cents per diluted share.
WestJet reported an operating margin of 6.6 per cent, compared to 6.9 per cent in the second quarter of 2009. WestJet’s second quarter 2010 pre-tax margin was 5.4 per cent, compared to 2.6 per cent in the same 2009 period.
Copyright Photo: TMK Photography. Boeing 737-8CT C-GWSR (msn 35288) climbs majestically at Toronto (Pearson).