Falko parent, Chorus Aviation, reports quarterly earnings

Chorus Aviation, which owns aircraft lessor Falko, has reported third quarter net income of $17.1 million – a fall of $6.4million quarter-over-quarter.  Colin Copp, President and Chief Executive Officer, Chorus Aviation said that the team remained “laser-focused” on its improving its core business fundamental while also responding to ongoing macro- economic challenges affecting the industry.  In the third quarter, Chorus generated over $164.3 million in cash from operations and $113.7 million in Free Cash Flow while moving closer to its Leverage Ratio target, improving it from 4.4 at the end of 2022 to 3.6. Copp said that while the company