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Chorus Aviation Inc T.CHR

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

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, 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 Regional Aviation Services segment. The Company offers contracted flying services within North America and also provides medical, logistical and humanitarian flight operations to Canadian and international customers. Its subsidiaries include Jazz Aviation LP, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation Corp., 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 paljoeyon Oct 03, 2012 3:13pm
246 Views
Post# 20443920

RE: RE: RE: Glad

RE: RE: RE: Glad

This traded at or below $3 for quite a while on the belief that AC would get the more positive ruling.

 

That seems to be the case.

Whats now critical is whether or not a dividend will be payable at all.

The retro costs will take most of the cash that they need for WC.

I cant see a dividend above $0.30 and would not be surprised to see the dividend cut temporarily until they can build up their cash position.

Bullboard Posts