Chorus Aviation (TSE:CHR) reported second-quarter results marked by steady adjusted EBITDA, higher adjusted earnings per share, strong cash generation and continued expansion in aviation, aerospace and defense-related businesses. Chorus ended June with leverage of 1.5 times adjusted net debt to adjusted EBITDA and liquidity of C$204 million. Chief Financial Officer Gary Osborne said adjusted EBITDA totaled C$50.7 million in the second quarter, essentially unchanged from a year earlier. Chorus repurchased and canceled about 617,000 common shares for C$14.8 million during the quarter. While Chorus expects defense contracts to develop unevenly, Osborne said MRO and defense revenue was up about 15% year over year.