Chorus Aviation Inc T.CHR

Alternate Symbol(s): CHRRF | T.CHR.DB.B | T.CHR.DB.C | T.CHR.DB.A

Industrials Airlines

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.

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Chorus Aviation Inc > Chorus & Falko Leases?

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Comment by kmappon Mar 14, 2022 8:53pm

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Post# 34513649

RE:RE:Chorus & Falko Leases?

Russian airlines will keep planes leased from foreign firms

Russian airlines will keep planes leased from foreign firms

kmapp wrote:
RE:Russian Airlines Question RE:Chorus & Falko Leases?

Finally a few posters who are interested to research this issue as this is something to be concerned about. On the Falko web site, https://www.falko.com/overview/ they do list Air Moldova as one of the airlines Falko works with. Moldova is on the western border of Ukraine and I saw an interview with a Moldova official a few days ago stating Russia had advised Moldova to ground flights. It's good to hear, as quoted below, neither CHR or Falko have any exposure to Russia and Ukraine but what about all the neighboring countries, Moldova being one, who else? Never mind Tommy, lets talk about something of importance. Thanks, kmapp

JYBJYB wrote: I was attempting to look into this last night but the falko information was lacking. It appears both businesses have dealings in neighboring states. My only concern was that if some planes got stranded for some reason. Thanks for looking into this.

ouainouain wrote: According to IR, neither CHR or Falko have any exposure to Russia and Ukraine.

Starkicker wrote:
Great question. Almost certain they don't but trying to find out. Wouldn't want to be AerCap right now.

DMR001 wrote: Anyone know if Chorus holds leases on aircraft leased to Russian based airlines? It seems there may be trouble on receiving lease payments or reposessing the aircraft if the leases go into default.

kmapp wrote: Which airlines in Europe does Chorus & Falko have leases with and what effect will the war between Russia and Ukraine have on these leases? This is something of importance to consider in my opinion. Two plus years of Covid and now this war in Ukraine just when there was hope of recovery. kmapp March 6, 2022