RE:RE:RE:RE:Air CanadaCHR makes up literally 100% of my portfolio >.>
I don't borrow money to buy stocks (no margin accounts) as I dislike debt. I have 0 debt except for revolving credit card bills that get completey paid off monthly.
If i did have cash though I should technically diversify logically. I can say that i'm comfortable with CHR and not worried about insolvency.
The market does appear to be heading more towards regional aviation as Chorus has been pointing out, but the sole concern i have is i haven't seen Chorus pursuing growth in their regional aircraft leasing portfolio. As I've postd before on this board, they have added 0 new leases on portfolio in 2020 versus AerCap who added 1 new lease on average every 4 days in 2020. I'm pullin my hair out wondering what are they are waiting for...
Look at all these new airlines starting up this year https://www.futuretravelexperience.com/2021/02/a-look-at-the-startup-airlines-entering-the-market-in-2021/
These could have been Chorus' customers, IIRC they have like 10 planes to remarket due to 4 bankruptcies in their fairly large regional leasing portfolio.
I'd appreciate a lot more clarity on the direction their leasing business is going in the upcoming Q4/ earnings call. Just seems like this is a missed opportunity, this is the time that their regional leasing business is supposed to shine, instead they're incurring costs for the repatriation? i think that's the word , of the planes of those leases.