Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, April 5, 2013

Article Excerpt

WESTJET AIRLINES LTD., $25.00, symbol WJA on Toronto, reports that its load factor rose to a record 84.3% in the first quarter of 2013 from 83.0% a year earlier. Load factor is the percentage of available seats that are occupied by paying passengers. More important, the rise came despite the fact that the company increased its capacity by 6.0% to meet higher demand. Revenue passenger miles (the total number of paying passengers on each plane multiplied by the distance travelled in miles) rose 7.8% in the latest quarter. The company is also upgrading its newer planes to include a section with greater legroom and other benefits, such as priority boarding. As well, new partnerships with international airlines like Air France are helping WestJet attract more 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 Stock…