The Company deployed $52 million in the third quarter as work commenced on projects that had been delayed by high water on the Lower Mississippi River, bringing total deployment of growth capital to $143 million through the end of the third quarter. Earnings … NEW YORK, Aug. 4, 2020 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today announced its second quarter 2020 operational and financial results. Macquarie Infrastructure has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 5th, 2020 based off prior year’s report dates. Inclusion of a link to a third party site should not be construed as that party's endorsement of this site. The Company completed the sale of its portfolio of wind and solar power businesses in the third quarter, generating approximately $210 million net of taxes and transaction fees. MIC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MIC reported a net loss from continuing operations of $8 million for the quarter, compared with net income of $6 million in the second quarter of 2019. ... 2Q20 Results downloads. The improved operating results reflect higher average capacity utilization of 94.6% compared with 82.9% in the second quarter of 2019. It is based on information generally available to the public and does not contain any material, nonpublic information. The results reflect the ongoing impact of COVID-19 related travel restrictions, quarantines and event cancellations on the Company’s Atlantic Aviation and MIC Hawaii segments, partially offset by improved performance in its IMTT segment. Macquarie Bank Limited maintains Representative Offices in the states of Illinois, New York and Texas, but is not authorized to conduct business in the US. MIC expects to deploy cash of between $200 and $225 million on projects to which it is contractually obligated. “While the timeline for the process has been extended due to COVID-19, we remain committed to unlocking value for shareholders through a sale or sales,” said Frost. Data provided by the Federal Aviation Administration showed general aviation flight activity in the third quarter increased 0.7% industry-wide and increased 1% at the airports on which Atlantic Aviation operates. “Our current cash balances, excluding drawings on our revolving credit facility, together with the cash we believe our businesses will generate over the remainder of the year, are expected to fund our ongoing operations and allow us to meet all of our financial obligations,” noted Frost. A lifting of lockdown measures in additional markets and a recovery in business oriented travel could increase flight activity, although the absence of most event-related and international travel together with increases in COVID-19 infections in certain states, could limit further recovery in 2020,” said Frost.Atlantic Aviation generated EBITDA excluding non-cash items of $66 million in the first quarter of 2020, down 16% versus the prior comparable period. Macquarie Infrastructure Corp ... we have published a press release summarizing the results and filed the financial report on Form 10-Q with the … MIC Hawaii generated EBITDA excluding non-cash items of $7 million in the second quarter of 2020, down from $14 million in the prior comparable period. The materials will be available for downloading from the Company’s website prior to the call. lee.lubarsky@macquarie.com. mic@macquarie.com, Lee Lubarsky NEW YORK, May 5, 2020 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today announced its first quarter 2020 operational and financial results. This presentation is based on information generally available to the public and does not contain any material, non - public information. Macquarie Infrastructure Corporation (NYSE:MIC) Q3 2020 Results Earnings Conference Call November 9, 2020 8:00 AM ET. The use of cash is expected to be partially offset by incremental EBITDA generated by the projects completed during the year. The presentation has been prepared solely for information purposes and is not a solicitation of an offer to buy or sell any security or instrument. It is proprietary and all rights are reserved. For the full year MIC expects to distribute approximately 84% of its Adjusted Free Cash Flow as dividends. 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