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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

Comment by Takafujion Feb 09, 2021 6:24pm
116 Views
Post# 32520116

RE:RE:Takafuji: Question

RE:RE:Takafuji: QuestionI think you need to do your own DD, i know the quarterly reports are big and lots to go through but yeah if you got a lot of questions and concerns better to go to the source material directly.

Don't take my thoughts as advice and verify my guesses and statements

CHR operates through their CPA through Jazz aviation. Jazz operate planes that are mainly non wide body craft passenger count 50-78 per aircraft. Air transat looking at their website appears to operate wide body craft mainly (makes sense as it's point to point for longer haul), about 190-375 passenger craft, most craft being 345.

They are servicing completely different markets and thus won't compete against each other. I think the closer comparison is air transat and air canda rouge with similar passengers / aircraft on the low end. 

In general, smaller passenger craft is more more suited for regional airports in canada for domestic flights as you don't need to sell as many seats to the regional airports. there are general ways to compare the two types of crafts for break even point to see what is more profitable depending on expected capacity utilization and distance travelled as the smaller craft i believe are less efficient but I don't know the formula. But yeah the airlines do their own homework and it's all based on operating costs. jazz aviation's smaller fleet and thus smaller operating costs are superior to Air canada doing it in house (i think another part of this is due to unions) You should ask others on this board as they are more clear on the intricacies of costs and airline operations than I am. I forgot who it was but there's a big Chorus investor on the board that's a pilot, possible EX chorus pilot?


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