Halifax-based Chorus Aviation, the parent company of Canadian regional airline Jazz Aviation, reported a third-quarter net profit of C$20.1 million ($15.3 million), more than tripling the company’s C$6.3 million net profit in 3Q 2015. Third-quarter operating revenue of C$331.1 million was down 19.7% year-over-year and expenses decreased 22.2% to C$282.6 million. Operating income was C$48.5 million, down 1.3% from an operating profit of C$19.1 million in 3Q 2015. “[During the ...

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