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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 Arbutus22on Oct 25, 2021 1:34pm
187 Views
Post# 34045951

RE:RE:RE:RE:RE:Good news?

RE:RE:RE:RE:RE:Good news?Respectfully disagree. Granted, air travel recovery has been slow to materialize, and government travel restrictions aren't helping. Still, the three airports I've been in during the past few months (Vancouver, Toronto, Victoria) are hopping. Personal observation is only worth so much (and not a whole lot sometimes). Westjet announced today they are adding new routes:

https://ca.finance.yahoo.com/news/west-jet-adds-new-routes-to-us-sun-destinations-as-demand-ramps-up-172047055.html

Both AC and Westjet saw strong demand during summer months: https://www.cbc.ca/news/business/bakx-westjet-air-canada-volunteer-1.6177333

Increased demand for winter travel: https://www.cbc.ca/news/canada/canadian-travellers-sun-destinations-covid-1.6179656

After 9/11, people also thought the ariline industry was dead. Eventually, we all adapted to new restrictions/regulations, and airline travel grew immensely during the next two decades. What is happening today does not necessarily predict the future. Eventually, covid will pass, people will adjust, and demand for air travel will return to pre-covid levels - anyway, that's my thinking.


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