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Chorus Aviation Inc
T.CHR
Alternate Symbol(s):
CHRRF
|
T.CHR.DB.B
|
T.CHR.DB.C
|
T.CHR.DB.A
Industrials
Airlines
Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, aircraft leasing, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates through two segments: Regional Aviation Services and Regional Aircraft Leasing. Its subsidiaries include Falko Regional Aircraft, a pure play regional aircraft asset manager and lessor, and managing investments on behalf of third-party fund investors; Jazz Aviation, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services, and Cygnet Aviation Academy, an accredited training academy preparing pilots for direct entry into airlines.
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on Aug 13, 2024 5:00pm
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Post# 36177376
New Press Release - Chorus Aviation Inc. Announces Second Quarter 2024 Financial Results
New Press Release - Chorus Aviation Inc. Announces Second Quarter 2024 Financial Results
Q2 2024 Highlights:Generated strong Free Cash Flow1,2 of $28.2 million for the period ended June 30, 2024 primarily derived from operating cash flows.Leverage Ratio1,2 improved to 3.0 at June 30, 2024 primarily through long-term debt repayments of $79.7 million since December 31, 2023.Purchased...
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