Chorus Aviation posted net income for the year 2012 of C$101.1 million, an increase of 48.4% from C$68.1 million. Operating revenue increased 2.8% to C$1,710.7 million. Operating expenses increased from $1,562.5 million to $1,582.1 million, an increase of $19.6 million or 1.3%. Controllable Costs increased by $30.9 million or 3.5%; offset by a decrease in pass-through costs of $11.3 million. EBITDA was $185.3 million compared to $146.1 million in 2011, an increase of $39.3 million or 26.9%, producing an EBITDA margin of 10.8%. Operating income was $128.6 million for the year ended December 31, 2012, was up $26.6 million or

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