WestJet in 22nd consecutive quarterly profits, earnings rising

Westjet posted CAD54 million in net earnings for 3Q2010, marking a large swing that showed the carrier’s earnings up 72% from 3Q2009. Its operating margin rose to 13.2% for the quarter compared with 12.8% in the third quarter of 2009. Meanwhile, its pre-tax margin was up from the 8.3% in the 2009 quarter to 11.1%.