WestJet Q4 net earnings $48.5 million
This compares with net earnings of $295.5 million, or $2.45 per diluted share reported in the full-year 2016.
The airline achieved its 51st consecutive quarter of profitability, reporting fourth quarter net earnings of $48.5 million, or $0.42 per diluted share compared to $55.2 million, or $0.47 per diluted share reported in the fourth quarter of 2016.
For the full-year and in each quarter of 2017, the airline flew a record number of guests.
Based on the trailing twelve months, the airline recorded a return on invested capital of 10.0 per cent, down 0.2 percentage points from the 10.2 per cent reported in the previous quarter. ■