Near-term uptrend for WestJet with major resistance at $25
CALGARY, April 6, 2016 /CNW/ – WestJet today announced March 2016 traffic results with a load factor of 83.2 per cent. Revenue passenger miles (RPMs), or traffic, increased 7.4 per cent year-over-year, and capacity, measured in available seat miles (ASMs), grew 5.0 per cent over the same period. The airline flew a record 5.3 million guests in the first quarter, a year-over-year increase of 8.4 per cent or approximately 411,000 additional guests.
WestJet trading above the 200-day simple moving average
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