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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

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

Bullboard Posts
Comment by Takafujion May 14, 2020 11:11am
182 Views
Post# 31027673

RE:RE:RE:RE:RE:RE:RE:RE:RE:Earnings...

RE:RE:RE:RE:RE:RE:RE:RE:RE:Earnings...Just saw the earnings call transcript, apparently the higher maintenance was from engine overhauls clustering in january, instead of being spread out over the year that's a bummer. So the maintenance down they were referring to must be forward looking and not about last quarter.

At least the remarks in the conference call give me an idea on what they are thinking about for growth. (buying distressed airplane assets) I was more hoping for a diversified approach but looks like they will be doubling down on aviation but still keeping an eye open for other things. I guess it makes sense as right now the aviation assets are most distressed, might be able to get good planes on the cheap. Would like to see more diversification though but a good deal is the most important thing.
Bullboard Posts