Still profitable despite COVID-19: <br> <br> <a href="https://www.newswire.ca/news-releases/chorus-aviation-announces-second-quarter-2020-financial-results-and-market-update-881329593.html" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.newswire.ca/news-releases/chorus-aviation-announces-second-quarter-2020-financial-results-and-market-update-881329593.html</a> <br> <br> "Recent Highlights <br> <br> Net income of $29.2 million, or $0.18 per basic share; a period-over-period decrease of $9.7 million due to the global economic impact of COVID-19 on its results, partially offset by a change in unrealized foreign exchange of $6.3 million. <br> Adjusted net income1 of $21.6 million, or $0.13 per basic share; a decrease of $2.5 million quarter-over-quarter due to the economic impact of COVID-19 noted above. <br> Adjusted EBITDA1 of $91.0 million; an increase of $5.3 million over second quarter 2019 primarily generated by the growth in aircraft leasing. <br> Liquidity, inclusive of available credit, was $189.0 million as at June 30, 2020. <br> Aircraft transactions completed post the second quarter further increased liquidity by $39.0 million, bringing total liquidity to $228.0 million. <br> Third-party leasing revenue collected in July grew to 38%, up from approximately 28% in June 2020."