Chorus Aviation Q2 2023 Earnings Report

Chorus Aviation EPS Results

• Actual EPS: C$0.08
• Consensus EPS: C$0.12
• Beat/Miss: Missed by -C$0.04
• One Year Ago EPS: N/A

Chorus Aviation Revenue Results

• Actual Revenue: $396.78 million
• Expected Revenue: $408.53 million
• Beat/Miss: Missed by -$11.75 million
• YoY Revenue Growth: N/A

Chorus Aviation Announcement Details

• Quarter: Q2 2023
• Date: 8/3/2023
• Time: N/A

Chorus Aviation (TSE:CHR), through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services. The Regional Aircraft Leasing segment engages in asset management business comprising management of aircraft investment funds and provision of lease services to aircraft operators. In addition, the company provides aeronautical products, which includes component, sheet metal, and avionics repair support services for airlines, leasing companies, aviation maintenance organizations, and original equipment manufacturers. Further, it offers in-house design and certification services including repair design and supplemental type certificate approvals for aircraft modifications, reconfigurations, and part replacements; and provides technical support, structural and system design, operational documentation, and project management. Chorus Aviation Inc. was formerly known as Jazz Air Income Fund. The company was founded in 2005 and is based in Dartmouth, Canada.