Financial government support helped to cushion the blow for Via Rail created by an 81 per cent drop in passenger revenues in the first quarter.
The passenger rail service says it lost $2.2 million for the three months ended March 31, compared with a $23.6-million loss a year earlier. The operating loss was $121.1 million, down from $151.7 million.
Via Rail cut operating expenses by 34.1 per cent to $133.6 million in part through temporary employee layoffs.
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