Chorus Aviation has reported net income of $24.2 million in its third–quarter 2019 financial results. During the period, adjusted net income stood at $29.2 million, a decrease of $1.6 million from the same period last year. The group’s adjusted EBITDA of $92.6 million saw an increase of $5.8 million due to growth in the regional aircraft leasing segment offset by planned reductions resulting from the 2019 CPA Agreement (‘CPA’) amendments. During the period, Chorus completed the first sale of leased assets; three Dash 8-400s on lease since 2017, for net proceeds of approximately $25 million after debt repayment. Joe Randell, Chorus
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