Chorus Aviation (TSE:CHR) has released an update.
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Chorus Aviation reported robust financial performance in the third quarter of 2024, with a free cash flow of $32.4 million and a net income of $18.4 million. The company’s leverage ratio improved significantly due to debt repayments, and the renewal of their Normal Course Issuer Bid indicates a strategic focus on shareholder value.
For further insights into TSE:CHR stock, check out TipRanks’ Stock Analysis page.