Exchange Income Corp T.EIF

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

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.

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Exchange Income Corp

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Comment by Deadmediaon Jul 19, 2017 9:33pm

257 Views

Post# 26488708

RE:Solid earnings

Solid indeed. As per the MD&A .

"In the second half of the year, the Regional One maintenance capital expenditures will increase marginally as the size of its leased fleet increases. However, with the substantial completion of the aircraft overhaul program at the operating airlines, we will see the remainder of the Aerospace & Aviation segment’s maintenance capital expenditures fall by approximately 35-45%. "

At least we know that maintenance fees are expected to be significantly lower in Q3 and Q4 so I expect payout ratio will be below historical norms again.

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