Jazz Air parent Chorus Aviation reported first-quarter net income of C$5.6 million ($5.1 million), down 39.1% from C$9.2 million net profit in the year-ago March quarter. Revenue slipped 0.4% to C$414.6 million while expenses decreased 3.1% to C$383.3 million, resulting in an operating profit of C$31.2 million, up 50% from the C$20.8 million operating profit Chorus reported in 2013’s first-quarter. The company reported adjusted net income for the first-quarter of C$20.3 million, ...

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