Chorus Q2 2026 adjusted net income rises as parts sales growth offsets lower CPA fixed margin, lease revenue

Reuters2026/08/04 22:01

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Chorus posted Q2 2026 net income of CAD 13.82 million, down from CAD 32.44 million, largely due to unrealized foreign-exchange losses on debt.
Adjusted EBITDA slipped to CAD 50.74 million from CAD 51.33 million as lower CPA fixed margin, incentives, leasing rates outweighed stronger parts sales.
Operating revenue rose 7.6% to CAD 349.42 million, driven by higher parts sales, including CAD 16.4 million from newly acquired KADEX.
Adjusted net income increased to CAD 19.06 million from CAD 14.06 million, aided by favorable FX, aircraft-sale gains, lower depreciation.
Free cash flow eased to CAD 32.26 million from CAD 34.59 million; Chorus repurchased 616,891 shares for CAD 14.8 million, declared CAD 2.49 million dividends.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chorus Aviation Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Chorus Q2 2026 adjusted net income rises as parts sales growth offsets lower CPA fixed margin, lease revenue

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