Chorus Aviation Inc. (CHR) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Corus Aviation Inc. first quarter 2025 financial results. At this time, all lines are in listen-only mode, and following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Wednesday, May 7th, 2025. I would now like to turn the conference call over to Mr. Tyrone Cody, VP of Treasury Relations. Please go ahead. Thank you, Kelsey. Hello, and thank you for joining us today for our first quarter conference call and audio webcast. With me today from Chorus are Colin Kopp, President and Chief Executive Officer, and Gary Osborne, Chief Financial Officer. We will begin today's call with a brief summary of the results, followed by questions from the analyst community. As there may be some forward-looking discussion during the call, I ask that you refer to the caution regarding forward-looking statements and information found in the MD&A. This pertains specifically to the results and operations of Corus Aviation Inc. for the three months ended March 31st, 2025, as well as the outlook section and other sections of the MD&A where such statements appear. As a result of the share consolidation implemented on February 5th, 2025, all per share figures in our disclosures have been adjusted to reflect the impact of the consolidation. Finally, some of the following discussion involves non-GAAP financial measures, including references to adjusted net income, adjusted EBT, adjusted EBITDA, leverage ratio, and free cash flow. Please refer to our MD&A for further information related to the use of such down gap measures in pro forma figures. I'll now turn the call over to Colin Kopp. Than...