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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Post by alext1379on Nov 26, 2013 10:14am

243 Views

Post# 21941728

Great news.

I think there may be a pull back though as there is no definitive news on whether the dividend will be raised or not. Before the cut, Chorus was trading mide $3.5-$4 anyways correct?
It's already back with half the dividend.

Chorus may increase the dividend, do a one time dividend or use it to upgrade/expand. In the near and mid-term, things are good. However, they still need to look beyond the 2020 date and where business will come from. Will AirCanada retaliate by cutting business? They can't cut alot but can cut enough to affect the bottom line.

Also, Air Can may just go for a cash/share buyout now before the price gets too high.

Good news to start the day though.

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