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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 Jul 13, 2023 4:51pm
219 Views
Post# 35540156

Chorus management bs.

Chorus management bs. Yes Delta just announced the record profits on increased travel and lover fuel prices. AC the most likely will follow. The Chorus is not major airline all they do is just pick up the passengers from major airlines like AC or West Jet and fly them to a little holes . During the covid time they lost juicy contract with AC and recently they could pick up another one for west routes. I can't believe that they lost it to EIF. The EIF had to raise the money to buy additional planes for the contract and Chorus has them I am assuming. On the top of it Chorus doesn't have enough experienced pilots. The question is why did they pass on this opportunity? Only my hope is maintaining / leasing planes is more profitable business these days as travel and numbers of planes in service increases. The share price is going nowhere definitely not following the major airlines. 
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