Chorus Aviation Inc. Reports Strong Financial Turnaround in Q2 2025

Halifax, NS — Chorus Aviation Inc., a regional airline operating on behalf of Air Canada, has announced a remarkable financial turnaround in its second quarter 2025 results. The company, listed on the Toronto Stock Exchange, reported a net income of $32.4 million, a significant improvement from a net loss of $180.6 million in the same quarter of the previous year. This positive shift is attributed to several strategic moves, including the sale of the RAL business and enhanced performance at Voyageur, coupled with reduced corporate costs.

The financial highlights further reveal that net income from continuing operations stood at $32.4 million, up from $8.5 million in Q2 2024. Adjusted earnings available to common shareholders reached $17.2 million, compared to $1.9 million in the previous year. This translates to adjusted earnings of $0.66 per common share, showcasing the company’s robust recovery and operational efficiency.

In addition to its financial achievements, Chorus Aviation has made strategic financial decisions to strengthen its balance sheet. The company announced the redemption of its remaining 6.00% convertible senior unsecured debentures due June 30, 2026. This redemption, scheduled for September 30, 2025, is in line with the terms of the indenture dated April 6, 2021, and reflects Chorus’s commitment to optimizing its capital structure.

Jazz Aviation Celebrates Diversity and Inclusion Recognition

In related news, Jazz Aviation LP, a subsidiary of Chorus Aviation, has been honored with a 5-Star Diversity, Equity, and Inclusion award for 2025 by Canadian HR Reporter. Doug Clarke, President of Jazz, expressed pride in this recognition, emphasizing the company’s dedication to fostering an inclusive workplace. “This award reflects the passion and effort our teams put into creating a workplace where everyone feels welcomed, valued, and supported,” Clarke stated. The accolade underscores Jazz’s commitment to diversity and inclusion as integral components of its corporate culture.

As Chorus Aviation continues to navigate the competitive landscape of the passenger airline industry, these developments highlight its strategic focus on financial health and corporate responsibility. With a market capitalization of 566.65 million CAD and a recent close price of 21.82 CAD, the company remains a key player in the industrials sector, particularly within the passenger airlines industry.