Chorus Aviation Inc T.CHR

BAIL OUT

[sergio2go]

I wonder if the fed's bailout is for the soul benefit of AC or if it included others air carrier like Chorus. If it's the case it should be a relief and a boost...just saying.

[Tommy123]

This post has been removed in accordance with Community Policy

[BrokersSwallowP]

how thef uck are they going to justify bailing out only air canada. Better not be

[Tommy123]

This post has been removed in accordance with Community Policy

[Tedious16]

One of the conditions is .... The resumption of service or access to Air Canada’s network for nearly all regional communities where service was suspended because of COVID-19’s impact on travel, through direct services or new interline agreements with third party regional carriers;

[Tedious16]

more https://canadiantravelnews.ca/2021/04/12/trudeau-government-package-for-air-canada-being-announced-tonight-report-says/

[HermannHaller]

CHR is the exclusive regional provider for AC. AC just got a big boost in liquidity, debt and equity, to maintain its strength. AND it is required to resume regional routes All good for CHR! For those following the CHR.DB.A debs, they went above 98 today, should be over 100 tomorrow. 52-week low was 57.5.

[sergio2go]

As long as CHR doesn't need a loan shareholders can hope for dividend in a near future. 

[stwatcher]

think I'd rather have stock apprectition first ...then the div

[sergio2go]

Dividend sharply increase appreciation.

[stwatcher]

can't argue that !

[stwatcher]

stock appreciation

[flamingogold]

This is good news. Those that bet on AC/Chorus going bust need to cover their shorts before they lose their shirts and everything else.

[HermannHaller]

5,784,579 shares of CHR short at the end of March. Haha.

[stwatcher]

 6.7 april 1st