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Jazz Air Income Fund revenue down 3.8%, operating profit down 58% in 1Q2010

18-May-2010 1:16 PM

Jazz Air Income Fund revenue down 3.8% - financial highlights for the three months ended 31-Mar-2010:

  • Operating revenue: USD341.2 million*, -3.8% year-on-year;
  • Operating costs: USD332.8 million, -0.5%;
    • Labour: USD71.6 million, +4.3%;
    • Fuel: USD63.2 million, +14.6%;
  • Operating profit: USD8.4 million, -58.4%;
  • Net profit: USD6.3 million, -69.1%. [more]

*Based on the conversion rate at USD1 = CAD1.0414