01:19:56 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



WestJet Airlines Ltd
Symbol WJA
Shares Issued 117,209,285
Close 2017-06-20 C$ 22.90
Market Cap C$ 2,684,092,627
Recent Sedar Documents

Stock Pickers refreshes WestJet Airlines buy

2017-06-20 20:39 ET - In the News

Stock Pickers Digest, in the June, 2017, issue, refreshes its buy of WestJet Airlines Ltd., recently $21.85. Stock Pickers said buy 14 times from December, 2009, to March, 2017, at prices ranging from $11.55 to $33.05. Assuming a $1,000 investment for each of the 14 buys, the $14,000 position is now worth $16,627. WestJet plans to introduce a no-frills, ultralow-cost carrier in Canada. To keep costs down, this carrier will likely use WestJet's existing aircraft and travel along its existing routes. Service could begin in late 2017. Separately, WestJet plans to buy 10 Boeing 787-9 Dreamliner aircraft for delivery from early 2019 to late 2024, with an option to buy 10 more during this period. These aircraft can be used on international routes. As a result, they should allow WestJet to serve new markets in Asia, Australia and South America, and to better compete with Air Canada in Europe. WestJet remains a "top pick" for 2017.

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