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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 alext1379on Nov 14, 2013 9:54am
225 Views
Post# 21905226

RE:RE:not all rosy

RE:RE:not all rosyAC now has a P/E of 200x which is crazy, even for a buble tech stock.  You're better off buying Westjet with 75x the earnings of AC.B.  Unless Air Can earnings jump drastically in the next quarter or two, Air Can is more of a speculative stock trading on hope.

After all their cost savings they could only eek out 3cents per share.  The Share price has grown in leaps and bounds but at this point, I'd be nervous to get in.

I'd rather ride Chorus' modest share appreciation and dividend.  Once the arbitration is resolved, expect a big jump if it goes Chorus' way, and an even bigger one if they reinstate the dividend.
Bullboard Posts