19-Aug-2009 12:00 PM
Groupe Aeroplan falls on lower profits, Boeing and EADS drop as well – Suppliers Share Wrap
Analysis
Group Aeroplan reported 2Q2009 profits of CAD26.7 million, down 15.2% year-on-year, as the company suffered a drop in gross billings of approximately 3%. The drop in revenue was mostly attributable reduced levels of sales of Aeroplan miles, which declined 5.6%.
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