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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

Post by maplakon May 12, 2023 10:47am
365 Views
Post# 35445364

Chorus will go down.

Chorus will go down.Unfortunately.... Air Canada just released an earnings. Still losing money. CHR earnings adjusted down from 0. 44 to 0.38. Good old days when they were parasitizing on Air Canada are gone. Do you remember during the covid AC walked away from the deal with Chorus saving 400 million over 10 years. That is 40 million per year of guaranteed income for Chorus. Now it could be equivalent of 80 million since CHR shares got deluded. So party is over now they have to work for living. Maybe they were counting on Falko but so far it's not working. Expecting trade between $ 2.50- 2.75.
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