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WestJet Airlines Search for a Sustainable Business Model, means more trouble for Air Canada and other Canadian Carriers

Calgary based WestJet Airlines has reported another good year for 2012. Revenue topped $CDN 3.42 billion resulting in Net Earnings of $CDN 242 million (7.1% net margin), and 2013 is shaping up to be a big year for the airline. The airline has 100 B737NG aircraft (16 x B737-600’s, 69 x B737-700’s and 18 x … Continue reading

NO More State Aid to Government Owned National Airlines, Fly on Your Own or Go Bankrupt

This week the under pressure from the Polish Government, the  Supervisory Board of Poland’s LOT Airlines dismissed  CEO Mr. Marcin Pirog for poor financial results at the national carrier, which reportedly has lost $US 37 million in 2012, which actually and sadly is one of its better performing years, though last year LOT estimated a … Continue reading