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.

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Chorus Aviation Inc > Stock price

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Comment by Shirtlessnomoreon Jan 01, 2021 9:19pm

329 Views

Post# 32208402

RE:RE:RE:RE:RE:RE:Stock price

Very good logical and factual post. Cheers!

Arbutus22 wrote:
givemeabreak ... theoretically, any stock could go to zero. Based on real world, hardly any stocks go to zero. Theory is one thing; reality another. CHR capacity purchase agreement runs through 2035, i.e., minimum 2.5B revenue. Related, AC invested +97m in CHR. The two companies could not be more intertwined. Sure, if AC fails, CHR may too. That would never happen; government would support both in worst case scenario b/c Canada needs a national, if not international airline, and it needs competition. CHR EBITDA in Q3 was 85m. This is in a pandemic that has decimated aviation; they are still churning a decent profit. Liquidity as of Nov is 218m. I'll leave you to review the financials to further verify CHR financial health.

Markets are forward looking. Full recovery by 2024 is not an issue for stock price as long as business continues to improve and outlook remains positive. My information differs, looking for 2019 passenger loads by 2022. Regardless, recovery will happen. Covid will disappear or be managed like measles or other diseases that no longer present widespread threat.

It's common for people to project present circumstances into the future, i.e., believing that whatever is happening today will happen tomorrow. That's owing to our limited imagination coupled with fear, together with media hype. I do not share your views that business travel will decrease, at least not markedly. Still, if it does, then it does and I would then question why you would invest in CHR if you see permanent decline for aviation, and CHR in particular?

Cruise ships, hotels, airlines ... all seemed to be on the cusp of extinction back in March/April. Share prices of all have bounced back to varying degrees owing to mass realization that they all got hit hard but they're not down and out. As a CHR and AC investor, I'm confident sitting tight, believing it is only a matter of time before the pandemic subsides (history of prior pandemics is a fine guide) and travel returns to 2019 levels and beyond. GLTA in 2021.