. . . But CRJ700 Development Proves Costly . . .

Avcorp reported sales of C$75 million in its just-ended fiscal year, but expects to take a C$8 million write-down and show no profit due to costs associated with developing the tail section for Bombardier's new 70-seat CRJ Series 700. These results are said to have triggered a reshuffling of Avcorp...

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