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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 pm1231on Jun 16, 2013 1:10pm
129 Views
Post# 21530465

RE: RE: This explains the sell down

RE: RE: This explains the sell down

interesting - are you suggesting the dividend will be cut further from the current $0.30 annually (or $0.075 quarterly) - to $0.05 quarterly ($0.20 annually)?  If the current price action is any indication what happens with an unexpected dividend cut - management would be committing suicide by announcing yet another (unnecessary) dividend cut....didn't quite understand your comment.

If the price hits $1.50 - at the current $0.075 quarterly - that is a 20% yield.

 

Bullboard Posts