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 Steelironmanon Jan 22, 2014 5:40pm

452 Views

Post# 22122589

Ac purchase of Chorus

This probably will never happen but with AC shares closing at $9.66 and Chorus at $3.87, Air Canada could pick up Chorus for a song by offering 1 AC share for 2 Chorus shares. That would be a 25% premium. They would get to keep Chorus's cash and increase their cash flow. They would also get to keep the dividend, not a bad investment for AC.

With AC's pension announcement today, some analysts are setting AC target to $13.50 and beyond. At that number they might get Chorus at 1 for 3.

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