Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, June 7, 2013

Article Excerpt

WESTJET AIRLINES LTD., $21.70, symbol WJA on Toronto, reports that its load factor fell slightly in May 2013, to 78.5% from 79.2% a year earlier. Load factor is the percentage of available seats that are occupied by paying passengers. However, the decline was only slight, even though the company increased its capacity by 9.1% to meet higher demand. Revenue passenger miles (the total number of paying passengers on each plane multiplied by the distance travelled in miles) rose 8.2% in the latest quarter. Demand for the company’s flights remains high, and it has entered into new partnerships with other airlines; these were the main reasons for the increased number of passengers. WestJet is our #1 stock pick for 2013. Please make sure you are logged in to your account to access these articles. Click here if you’ve lost your password. WestJet was recently covered in the June 2013 issue of Stock Pickers Digest. Click here to access it. WestJet was recently covered in the…