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Monday, February 21, 2005

WestJet Retirement Highlights Value Weakness

Following the sale of 20 B767-200ADVs by Ryanair [RYAAY], WestJet [WJA.TO] has announced it will be replacing 15 similar aircraft with Boeing [BA] B737NGs ahead of schedule. The high price of fuel and an increasing maintenance burden are taking their toll on Stage 2 equipment, no matter their age. With fuel...

 
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