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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 flamingogoldon Oct 27, 2021 11:42am
176 Views
Post# 34054648

RE:Recovery

RE:RecoveryFlying outside of Canada won't hit pre-pandemic levels until we drop the PCR test requirement. I have already detailed a personal story behind that and it raises caution at least for me as far as where I travel. Of course, CHR has a capacity agreement with AC but we need AC to stay healthy. The recovery is taking longer than I had hoped for but it is happening. I think a year from now we get back to pre-pandemic flying levels. Of course, the stock will move well in advance of that.

Tommy123 wrote:
Does anyone have any thoughts on when people might feel comfortable flying again? Do you think it will be in 2022, or will this be a 2023 recovery story? I want to buy some, but the shares are sinking. Since the market usually looking two or three quarters in advance, it makes me think that this will be a 2023+ recovery. Also, does anyone think that Chorus can bring back a dividend next year, or will it be 2023 or 2024 that Chorus is making enough money to afford that? 
 


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