Chorus Aviation Inc., formerly known as Jazz Air Income Fund, posted a higher fourth-quarter profit helped mostly by tax recovery.Net income for the quarter rose $63.8-million to US$84.6-million, of which US$70-million was the result of a certain tax benefit.Operating revenue jumped 12% to $392.7-million.The company became a corporation and changed its name to Chorus Aviation in January.Shares of the company closed at $5.12 on Monday on the Toronto Stock Exchange.
123959
Chorus Aviation posts higher profit
175561
Continental Airlines posts profit on higher fares
2638
Airlines climbing out of recession:
118117
EMC Corp.'s net income jumps 58 percent in the latest quarter
19249
Air Canada reports net loss of $46 million in quarter
65408
BBA Aviation expects to outperform its markets
148909
Jazz Air Income Fund announces December distribution
99396
Handal Resources records higher pre-tax profit
19868
Wolves post pre-tax profit
44044
LAN airlines reports net income of US$76.1 million for Q1 2012
123276
Petards moves into profit
56080
US Bancorp reports net income for the fourth quarter of 2007
19238
Air Canada concludes financing for US$78 million
65060
Club Med returns to profit
113991
Airlines lost $US8 billion
125090
Man Group fy profits boosted by spike in performance fees
84794
Oz Minerals swings to profit;