has announced Q2 net earnings of $61.6 million, up 19%
from last year’s $51.8 million during the same period.
on the trailing 12 months, the airline achieved a return on invested capital of
16.0%, up 0.2 percentage points from the 15.8% reported in the previous
airline also achieved an on-time performance rate of 91.3% in the 2nd
quarter, a year-over-year improvement of 6.8 percentage points, and a figure
that WS says makes it the top performing North American airline during the
would like to congratulate our more than 10,000 WestJetters on these
exceptional 2nd quarter results which marked our 5th
quarter of consecutive record adjusted net earnings," said WestJet
President & CEO Gregg Saretsky. "The 2nd quarter is historically our most challenging
quarter as capacity is transitioned from southern to domestic markets, so it is
particularly rewarding to turn in a double digit margin this quarter. With another
quarter of record earnings, and after having exceeded our ROIC target for 12
consecutive quarters, we are pleased to announce that we are increasing our
target to 13 to 16%, while continuing our commitment to our brand of friendly,
caring service and affordable fares."
Revenue during the quarter rose 1.3% to $942
million. Load factor was 78.1%, down 1.5 percentage points from 79.6% in Q2
2014. The airline carried just under 5 million pax during the 3 month period.