10:38 AM EST - Discovery Air Inc. : announced its financial and operating results for the quarter ended April 30, 2015. EBITDA for the Current Quarter increased $3.4 million in comparison to the same period in the prior year, primarily due to increased flight hours and cost containment measures for the quarter. Loss for the three months was $4.5 million compared to $7.7 million for the same period in the prior year. The variance was mainly attributable to increased flight hours and a $1.0-million gain on disposal of equipment. Discovery Air Inc.
shares T.DA.A are trading unchanged at $0.26.
