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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 Mephistopheles3on Feb 16, 2023 2:43pm
133 Views
Post# 35290463

RE:cibc analyst: target C$ 4.75 outperform

RE:cibc analyst: target C$ 4.75 outperform

Thanks mate, I didn't even realize CHR was posting results last night, they had it scheduled in calendar's as today.  From what I see, their 2023 forecast might have underwhelmed the "Street". Haven't had a chance to listen to the earnings call to see if anything was said there. 

Still heavy amounts of free cash flow forecasted for next year and EBITDA, so still trading at a pretty reasonable valuation level.  Might take us a little while to get back up to that $4 mark though.  

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