WestJet expands again

Article Excerpt

WESTJET AIRLINES $23.11 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1-877-4937853; www.westjet.com; Shares outstanding: 123.3 million; Market cap: $2.7 billion; Dividend yield: 2.4%) now plans to add 105 flights a week in Quebec. That’s a capacity increase of 74% for the province. All of the flights will be operated by WestJet’s regional airline, WestJet Encore. The new routes include the company’s first direct flights between Montreal and Quebec City. Starting June 15, 2017, it will offer four daily flights. WestJet will operate other new routes between Montreal and Boston, and Montreal and Halifax. Fares on these new routes will cost under $100 one way (taxes and fees included). The company will also add additional service on its routes between Montreal and Calgary, Montreal and Vancouver, and Quebec City and Toronto. WestJet is a top pick for 2017. 2017…