In another possible blow to Bombardier Inc., WestJet Airlines Ltd. is in talks with the struggling company to slow down deliveries of the Q400 turboprops it has on order, part of a broader strategy to cope with Alberta's deteriorating economy.
The beginning of February was not a good time for WestJet Airlines Ltd. (TSX:WJA), Canada's second-largest airline. It announced earnings that did not come close to meeting analyst expectations, sending the stock plummeting.
One company that was on my watch list that I didn't buy was WestJet Airlines Ltd. (TSX:WJA). Shares of Canada's second-largest airline temporarily fell to $15 each on fears that travel from the company's Calgary hub would grind to a halt.