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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

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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(51)
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Comment by KantoTerroron Jun 28, 2020 5:24pm
221 Views
Post# 31200956

RE:RE:Physical distancing on many airlines ending July 1

RE:RE:Physical distancing on many airlines ending July 1Lol...they can do renegotiate when the contract lapses...they can't do it now...imagine the lawsuit
put your low buys at 2.80 and cross your fingeres someone will sell...by July 1...you might not able to get in...
Tommy123 wrote:
flamingogold wrote: AC and Westjet to end physical distancing July 1
https://globalnews.ca/news/7113341/westjet-ends-social-distancing/

American, United, Spirit to fly at full capacity July 1
https://www.travelweekly.com/Travel-News/Airline-News/American-Airlines-will-book-flights-to-full-capacity

Like other heavily injured sectors, sports leagues and restaurants, aviation is adapting including pre-boarding temperature checks, mandatory face coverings, no meals or drinks and increased cleaning. Passengers will be notified if their flight is near capacity and can change flights for free. Bottom line, the airlines cannot continue flying at reduced capacities and shuttering is not an option.


This is very much negative. NO ONE will fly if there's even a chance they need to sit next to a stranger. I personally don't think AC will avoid bankrupcy, so I think the contract CHR has will be voided and renegotiated for a fraction of what it is. IMO. 


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