Jazz Air parent Chorus Aviation reported first-quarter net loss of C$24.8 million ($20.69 million), reversed from a net profit of C$5.6 million in the year-ago period. First-quarter revenue was down 9.5% to C$375.1 million, while expenses fell 6.3% to C$359.2 million, producing an operating income of C$15.9 million, down nearly 50% year-over-year. Chorus president and CEO Joseph Randell said, “Excluding an unrealized foreign exchange loss and one-time cost items, first quarter ...

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