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Thursday, February 7, 2008

Jazz Profits Up

Jazz Air LP today reported a 7.6 percent increase in net income for 2007 when it earned $150.7 million. For Q4, profits were up 9.9 percent to $35.1 million in net income. Operating revenues for Q4 jumped 5.8 percent to $372.1 million, while operating income rose 10.1 percent to $36 million. For 2007, operating income increased 8.3 percent to nearly $1.5 billion, while operating income increased 6.5 percent to $153.2 million. For a complete analysis see the next issue of Regional Aviation News.
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