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Chorus Aviation Inc T.CHR

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

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

Bullboard Posts
Comment by thesheeton Feb 27, 2015 7:18pm
158 Views
Post# 23474498

RE:after 2020

RE:after 2020
my understanding is that while revenue may go down 50%, the costs will go down 50% as well...

The pilot group will shrink 30% in numbers by 2025 flying bigger aircraft, which translates into posssibly a 50% reduction in costs right there. I am sure other expenses will move down accordingly.

Meanwhile, it regains a good status with the mothership

 

Bullboard Posts