Chorus Aviation Inc T.CHR

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

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 Zosimaon Nov 14, 2012 8:08pm

158 Views

Post# 20601585

RE: RE: AC should take over Chorus

AC buying CHR makes a lot of sense. The return, simply based on the yield is 18% at current levels, but could be much higher once AC eliminates duplication between the two companies. It would be a risk-free acquisition for AC, as all the operational risk of CHR is based on its reliance on AC. And AC could easily afford it:

CHR current mkt cap = $420 million

CHR market cap with take-over premium = $620 million ($5 per share)

Air Canada cash position at Sept 30 = $2.2 billion

Bullboard Posts

Morning Market Outlook for Sept. 19, 2024