Gulfstream reports improvement in operating income

Gulfstream International Group reported financial results for the first quarter of 2009. Operating income was $1,820,000 for the March 2009 quarter, compared to an operating loss of $1,932,000 for the first quarter of 2008. Net income was $730,000 for the March 2009 quarter compared to a net loss of $1,286,000 for the comparable quarter last year.