August 4, 2011
Canada's Chorus Aviation posted a lower second-quarter profit, hurt mainly by a rise in operating costs.
Net income for the quarter fell by CAD$4.3 million to CAD$16.9 million from a year earlier.
Chorus said total operating costs rose almost 12 percent to CAD$378.1 million.
Operating revenue increased 12 percent to CAD$402 million.
In January, the company, formerly known as Jazz Air Income Fund, became a corporation and changed its name to Chorus Aviation.
