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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

Comment by CoPilot99on Apr 07, 2023 10:06pm
183 Views
Post# 35385019

RE:RE:RE:CHR maxed out buybacks in March23

RE:RE:RE:CHR maxed out buybacks in March23From last Quarterly report,


  • Adjusted earnings available to Common Shareholders of $22.3 million , or $0.11 per Common Share, an increase of $0.8 million quarter-over-quarter, net of dividends declared on the Preferred Shares and non-controlling interest.
Factor in they also have revenue from selling planes that was also mentioned in the last quarterly report and I believe sales are ongoing.

While I don't disagree with your dividend idea,and it may help boost the share pricein the near term, I am in this for the long term to eventually get a dividend paying investment. I'll trust the buy backs now will make the payouts later much greater. Time will tell.

I give them credit that they came through the pandemic profitable. 
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