Procurement
WestJet reported net earnings of C$52.2 million in the third quarter,
down 19.8 percent from third-quarter 2013 earnings of C$65.1 million, the carrier announced on Tuesday. Adjusted for special items, including a C$45.5 million loss related to the sale of 10 of WestJet's oldest Boeing 737s, the carrier's net income was a quarterly record of C$85.4 million. Revenue per available seat mile increased 2.6 percent year over year, and cost per available seat mile increased 0.6 percent. Yield increased 2.3 percent. Capacity increased 6.4 percent, and traffic increased 6.8 percent; load factor was up 0.3 percentage points to 83.1 percent.