WestJet profit nosedives by 89%

Article Abstract:

Calgary, Alb.-based WestJet Airlines Ltd. reported that it earned $778,000 in profits for the first quarter ended March 31, 2003. WestJet, which is led by president and chief executive officer Clive Beddoe, said that the airline industry is still suffering from the effects of terrorism and poor economic conditions.

Airlines, WestJet Airlines Ltd.

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Onex CEO raked in over $11-million

Article Abstract:

Gerald Schwartz, the chief executive officer of Toronto, Ont.-based Onex Corp., received a cash bonus of $10.1 million in 1999. The bonus was paid in connection to Mr. Schwartz's failed bid to get control of Air Canada and Canadian International Ltd.

Open-End Investment Funds, Investment Funds & Trusts, HOLDING AND OTHER INVESTMENT OFFICES, Financial services industry, Financial services, Surveys, Wages, Wages and salaries, Onex Corp. (Toronto, Canada), OCX

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Shell first-quarter profit doubles

Article Abstract:

Tim Faithful, the chief executive officer at Calgary, Alb.-based Shell Canada Ltd., said that the company earned $216 million in profits for the first quarter, The oil and gas producer has reported huge losses for its oil sands project in Alberta.

Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum industry, Natural gas, Petroleum, Gas industry, Shell Canada Ltd.

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