WestJet’s Q3 cash position reaches $1.3bn

London
Source: Flightglobal.com
This story is sourced from Flightglobal.com

WestJet ended the third quarter with C$1.32 billion ($1.29 billion) cash and cash equivalents, compared with C$1.21 billion in last year's corresponding quarter.

During the three-months' period, WestJet repaid C$46.1 million of long-term debt compared with C$41.3 million in the third quarter of last year.

Cash flow from operating, investing and financing activities during the third quarter totalled C$100.1 million, down from C$111.4 million in last year's corresponding quarter.

WestJet reported a C$39.3 million net income during the quarter, compared with C$43.8 million in the third quarter of 2010.