MIAMI — While WestJet Airlines Ltd. reported record profits this morning, the
carrier announced that it will begin flying four Boeing 767-300ER aircraft for flights between Alberta and Hawaii beginning during the late winter in 2015.
The airline announced a second quarter profit of $51.8 million or 40 cents per share which is up from $44.7 million or 34 cents per share a year ago. The profits beat analysts expectations as it was estimated that the carrier would earn a profit of 28 cents per share.
Despite costs growing (excluding fuel) by 1.9%, the company saw a revenue increase of 10.3% to $930.3 million which is up from 843.7 million year over year.
Growth Is In The Future
Last month, the carrier launched its first flights to Europe when it began flying between St. John’s, N.L., and Dublin. More growth in overseas markets is expected starting in the 2016 summer.
“We continue to execute on our growth plans, including new service to Dublin, Ireland, success with our fare bundles initiative, and the expansion of WestJet Encore,” WestJet’s president and CEO, Gregg Saretsky, said in a statement.
The carrier announced that it will begin flying the Boeing 767-300ER aircraft in late 2015 for flights between Alberta and Hawaii. The carrier plans to have four 767s in its fleet which have a range of 6,000 nautical miles, and they will be replacing the two Boeing 757-200s operated by Thomas Cook that operate these flights.
Additionally, the carrier says it will use its option to purchase five more Bombardier Q400 turboprops as its regional service, WestJet Encore, continues to expand.