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.

TSX:CHR - Post by User

Chorus Aviation Inc > Good news

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Comment by flamingogoldon May 09, 2022 4:54pm

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Post# 34668511

RE:RE:Good news

Contradiction.... why would you quote an analyst then for market direction if you believe their predictions don't mean much as they were wrong with SHOP?

GoodMonkey wrote: Right... Analysts had target price over $2000 on shopify and now it's trading under $500. Now they are all cutting the targets to $400-500
CHR will go down with the rest of the market.

The S&P 500's massive selloff during the week deepened this year's correction for the broad index, and it's likely to sink even lowers before finding a bottom and rebounding, according to Bank of America.

The bank's chief investment strategist in a note Friday said investors will spend much of 2022 working through inflation, rates and recession shocks that should result in negative and volatile returns in absolute terms.

Based on previous bear markets, the bank foresees the decline in stocks ending in October 2022.