Chorus Aviation Inc T.CHR

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

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, 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

Chorus Aviation Inc

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Comment by FreeCheezon Jul 12, 2013 8:22am

208 Views

Post# 21603642

RE:RE:Insiders Bought another 39,000 shares yesterday

This is dissapointing to see. So you cut the dividend and now have more cash than previously anticipated so what do you do with said cash, well you go and buy your shares with it. I don't like this, I'd much prefer they return that cash to the shareholders and let them decide what to do with it then take that decision out of our hands. It doesnt feel right that a company starts buying back shares immediately after cutting its dividend. Unfortunately this management team hasnt proven they are so great at creating capital that I'd prefer that capital be retunred to shareholders and let them decide what to do with it.

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