Canadian low-cost carrier (LCC) WestJet reported a third-quarter net profit of C$116 million ($88.6 million), a 13.9% increase compared to a C$101.8 million net income in 3Q 2015. WestJet’s third-quarter revenue was C$1.1 billion, up 7.6% year-over-year (YOY) from C$1 billion a year ago, driven by increases in both guest and ancillary revenue. Operating expenses increased 7.8% YOY to C$954.2 million, attributable to the company’s 10.6% YOY capacity growth and increased ...

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