Chorus Aviation Inc T.CHR

Alternate Symbol(s): CHRRF | T.CHR.DB.A | T.CHR.DB.B | T.CHR.DB.C

Industrials Airlines

Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, aircraft leasing, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates through two segments: Regional Aviation Services and Regional Aircraft Leasing. Its subsidiaries include Falko Regional Aircraft, a pure play regional aircraft asset manager and lessor, and managing investments on behalf of third-party fund investors; Jazz Aviation, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services, and Cygnet Aviation Academy, an accredited training academy preparing pilots for direct entry into airlines.

TSX:CHR - Post by User

Chorus Aviation Inc

Bullboard Posts

Comment by bnwon Aug 09, 2012 5:57am

187 Views

Post# 20197391

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Air Canada

Chorus consisently generates free cash from operations. Also, since July 12th the SP has experienced higher highs and higher lows. Since July 31st the SP has been testing the 200 day moving average. If successful, the next resistance will be in the $ 3,80 to $ 4.00 range which it should breakthrough. My longer term price target is $ 5.76 but to achieve this, the market as a whole has to co-operate. Right now I see the market in a positive transition but I need a few more signs (such as a positive move on copper or a basket of stocks I follow breaking their composite 100 and 200 day moving averages). The US market is already positive, and this always sets the tone in Canada. Like everyone else, I may be wrong, but this is how I read it.

Bullboard Posts

Yukon agency detects cyanide near Victoria Gold's Eagle mine