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Chorus Aviation Inc T.CHR

Alternate Symbol(s):  CHRRF | T.CHR.DB.B | T.CHR.DB.C | T.CHR.DB.A

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

Bullboard Posts
Post by mountainposeon Jan 14, 2019 11:25am
233 Views
Post# 29227864

At $9.00 the yield is 5.3%. No reason not to go there. NOW!

At $9.00 the yield is 5.3%. No reason not to go there. NOW!I especially like that AC understands that CHR wants to grow and that it's their leasing business that now offers the best possible route (No Pun) to do so. The AC investment will also make it cheaper to borrow for CHR and make it easier to do leasing deals going forward. I would not be surprised 3-10 years down the road if CHR did not spin off the leasing side as a separate company. In fact they should do that as soon as it's reasonable to do so. This would allow the market to assign more appropriate PE ratios to the various entities. By using the DRIP this stock becomes an exceptionally attractive Growth & Yield investment. We are slowly moving towards investment grade going forward. The higher capitalization will allow more potential buyers as well. Momentum buyers will notice and quality concerns just vanished. Finally, can anyone please point out the negatives regarding this news. It's very easy to develop a bias and blind spots when good news comes out. GLTA
Bullboard Posts