WestJet Airlines Ltd. (TSX:WJA) crossed a major milestone in the airline industry recently by commencing non-stop flights to London from Vancouver, Calgary, Edmonton, Winnipeg, Toronto, and St. John's.
Flying from these markets would allow the company to offer much lower fares, undercutting the two incumbents that virtually own Canada's domestic market, WestJet Airlines Ltd. (TSX:WJA) and Air Canada (TSX:AC). Right as consumers were really starting ...
Canada's WestJet Airlines Ltd reported a higher-than-expected quarterly profit, helped by lower fuel costs. Calgary-based WestJet's fuel expenses, typically an airline's largest variable cost, fell nearly 21 per cent to $166.4 million.
WestJet Airlines Ltd. (TSX:WJA) is the second-largest airline in the country. The airline started out two decades ago as a small, low-cost airline serving just five destinations in the west of the country.
WestJet Airlines Ltd.'s costs will be higher this year than previously forecast because of glitches on its new London flights that resulted in a “significant bill” for passenger compensation, the company said Tuesday.