Chorus Aviation Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 396.78 million compared to CAD 392.34 million a year ago. Net income was CAD 19.05 million compared to net loss of CAD 40.84 million a year ago. Basic earnings per share from continuing operations was CAD 0.05 compared to basic loss per share from continuing operations of CAD 0.24 a year ago. Diluted earnings per share from continuing operations was CAD 0.05 compared to diluted loss per share from continuing operations of CAD 0.24 a year ago.
For the six months, sales was CAD 812.03 million compared to CAD 734.72 million a year ago. Net income was CAD 50.58 million compared to net loss of CAD 17.94 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to basic loss per share from continuing operations of CAD 0.13 a year ago. Diluted earnings per share from continuing operations was CAD 0.16 compared to diluted loss per share from continuing operations of CAD 0.13 a year ago.