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UBS cuts profit predictions for Westjet but airline still top pick

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UBS cuts profit predictions for Westjet but airline still top pick

UBS analysts have cut profit prediction for Westjet’s for 2010-2012 by 16% due to the airline’s “significant” expansion plans that could impact load factor expansion. However, the brokerage’s forecasts remain above consensus and represent annual average earnings growth of around 30% over t...

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