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I'd like some of these raxor thin margins! They are up in every category with the exception of a small drop in utilization for both the 3rd quarter and YoY, with essentially no more employees and better fuel efficiency:

"Our 2019 third quarter financial results reflect net earnings of $119.4 million and diluted earnings per share of $1.02, representing our second most profitable third quarter and our overall third best quarterly performance in our 23-year history."

Also according to their own report their fleet numbers 180 airplanes.

FInally:

"We continue to adjust our flight schedule through the end of 2019 as a result of the ongoing closure of Canadian airspace forthe Boeing MAX series aircraft impacting our fleet. Our contingency planning and proactive schedule adjustments enable us to reduce last minute flight cancellations and unexpected travel disruptions, however, certain routes have been temporarily suspended as a result of aircraft inventory shortages."

Wanna bet they suspended certain routes that were not very profitable like interior, non-hub routes?

https://www.westjet.com/assets/wj-web/documents/en/investorM...



A good rule of thumb is to never believe it when a company or industry says they have razor-thin margins.


That works at least until their cash flow seizes up and they need a huge bail out. The car industry is a good example of a margin thin one.




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