Suncor Energy: WestJet Airlines Ltd.

WestJet Airlines Ltd. - WJA.t is a low-cost carrier that provides scheduled and charter air service to 88 destinations in Canada, the United States, Europe, Mexico, Central America and the Caribbean.

On February 2, 2016 the company reported Numbers

WestJet (TSX: WJA) today announced its fourth quarter and year-end results for 2015, with record full-year net earnings of $367.5 million, or $2.92 per diluted share. This compares with the adjusted net earnings1 of $317.2 million, or $2.46 per diluted share reported in the full-year 2014, up 16 per cent and 19 per cent, respectively. For the fourth quarter, the airline reported diluted earnings per share of $0.51, down 27 per cent from $0.70 reported last year. These fourth quarter 2015 results include a pre-tax loss on foreign exchange of $10.1 million.

This represents WestJet's 43rd consecutive quarter of profitability and based on the trailing twelve months, the airline achieved a return on invested capital of 15.3 per cent, compared with the 16.1 per cent reported in the previous quarter, and within WestJet's target range of 13 to 16 per cent.

"Today we reported the third best fourth quarter in WestJet's history to complete a record year in 2015. Notwithstanding the impact that recent economic weakness in Alberta has had on our results, our decision to increase our normal course issuer bid demonstrates our confidence in WestJet's proven business model and the financial strength of our airline," said WestJet President and CEO Gregg Saretsky." _______________________________________________