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 Zosimaon Dec 10, 2013 12:14pm

379 Views

Post# 21990252

RE:Convertible debenture structure

Yes you are correct. And the company has said on conference calls, and again in today's press release, that they plan to reduce debt. So I expect these will be redeemed in January. Maybe if the yield on the stock was 20%, they might buyback shares instead, but highly unlikely now. And, ironically, I think when they do redeem this debt, the market will take notice of the improved balance sheet, and this will also help boost the stock.

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