Chorus Aviation Q2 FY26 net income drops 57.4% to C$13.8 million; revenue rises 7.6% to C$349.42 million

Reuters2026/08/04 22:02

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Chorus Aviation posted Q2 2026 net income of CAD 13.8 million, down 57.4%, on operating income of CAD 24.87 million, up 3.3%.
Operating revenue rose 7.6% to CAD 349.42 million, while operating expenses climbed 8% to CAD 324.55 million.
Adjusted EBITDA (non-GAAP) edged down 1.1% to CAD 50.74 million; free cash flow (non-GAAP) slipped 6.75% to CAD 32.26 million.
Returned CAD 17.3 million to shareholders via CAD 14.8 million of buybacks, dividends of CAD 2.5 million; sold four aircraft for CAD 40.4 million.
Colin Copp cited liquidity of CAD 203.6 million, leverage ratio of 1.5x, KADEX performing ahead of expectations; Chorus reaffirmed 2026 guidance.

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 Aviation Q2 FY26 net income drops 57.4% to C$13.8 million; revenue rises 7.6% to C$349.42 million

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