Aug 1 (Reuters) - Canada's WestJet Airlines Ltd WJA.TO on Tuesday reported a 32 percent rise in quarterly profit due to higher passenger traffic.
The company's net earnings rose to C$48.4 million ($38.8 million), or 41 Canadian cents per share, in the second quarter ended June 30, from C$36.7 million, or 30 Canadian cents per share, a year earlier. passenger miles (RPMs), or traffic, increased 12.8 percent year-over-year, and capacity, measured in available seat miles (ASMs), grew 7.3 percent.
Revenue rose 11 percent to C$1.06 billion.
($1 = 1.2469 Canadian dollars)