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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 givemeabreak1on Apr 19, 2021 12:14am
152 Views
Post# 33020238

RE:RE:Buy, Hold, or Sell?

RE:RE:Buy, Hold, or Sell?Bookworm
I will give you a pretty simple examply.  I own a manufacturing facility I sell 5 million worth of merchandise Accounts payable 5 million is an asset.  I purchase 3 million worth of good to make my finished product.  I now have payables of 3 million.  On the surface that would tell you I have a net profit of 2 million.  But what if you look at my payables and they show that 3 million of that 5 million in sales is 90 days now and may or may not get paid.  Either way you have a cash flow event....So you need to look closely at payables.  Next if a company like Chorus operates on a very large debt you need to look at debt dates and where interest rates are moving.  Just a couple of things to keep in mind.  Also as I recall they had a currency gain which is what put them in the green not an operating profit.  I am waiting for next quater to get more clarity on where they stand.  Watching their cash flow more closely than whether they show a net income!
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