Exchange Income Corp T.EIF

Alternate Symbol(s): T.EIF.DB.J | T.EIF.DB.K | T.EIF.DB.L | T.EIF.DB.M | EIFZF

Industrials Airlines

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.

TSX:EIF - Post by User

Exchange Income Corp

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Comment by Deadmediaon Dec 15, 2016 2:50pm

197 Views

Post# 25606096

RE:RE:Added More

Bought deals are normally done at a discount to current share price, so no issues there at all. Given that it was done when the share price was pretty close to it's all time high, I think management did pretty well. I would like to know how the funds will be deployed. My guess is an aquisition or to fund the purchase of a bunch of planes for parts and leasing, maybe both.

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