WestJet Airlines (WJAFF), with headquarters in Calgary, is one of the leading airlines in Canada. The airline"™s low-airfare approach has enabled the company to expand rapidly during the past five years, says Roy Ward, editor of Cabot Benjamin Graham Value Investor.
WestJet, WestJet Encore and the company"™s 10,000 employees now serve 120 destinations in North America, Central America, the Caribbean and Europe.
WestJet flies 119 Boeing 737s and Bombardier Q400s making WestJet"™s fleet one of the youngest in the business, averaging 7.2 years per jet. The company prides itself on offering outstanding service; it was ranked as Canada"™s most trusted airline in 2017.
WestJet beat second quarter estimates by a wide margin. Sales grew 11% and EPS soared 37%. WestJet achieved record capacity utilization during the second quarter of 82.8% and flew a record 5.9 million guests, a year over year increase of 11.5%…
