In August 2009, a portfolio manager for Resolute Funds Inc. is contemplating addition to his fund's worth, WestJet Airlines, a rapidly increasing airline based in Calgary, Alberta. WestJet has developed rapidly from a startup to become the second biggest airline in Canada. Despite its recent successes, from its elevated, its share price has halved because of the economic crisis in December 2007.
The portfolio manager is attempting to discover whether WestJet's shares are attractive. The portfolio manager has inquired his team to accumulate comparative financial data on its key rivals and WestJet to support his evaluation. The portfolio manager needs to know if he should purchase, hold or sell the shares of WestJet.
PUBLICATION DATE: December 02, 2009 PRODUCT #: 909N23-HCB-ENG
WestJet Airlines Ltd Investment Strategy Case Study Solution
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