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Exchange Income Corp T.EIF

Alternate Symbol(s):  EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.


TSX:EIF - Post by User

Comment by dwitzanyon Jul 24, 2023 5:26pm
165 Views
Post# 35554950

RE:RE:Ryan Bushell - BNN - BUY ON WEAKNESS?

RE:RE:Ryan Bushell - BNN - BUY ON WEAKNESS?My take is that early on, they had the legacy Airline business, and that left them exposed to high fuel costs, so they diversified into businesses that did well when Oil and Gas were doing well, (Hotsy, Ben machining etc.) because that is when their airlines are facing higher cost headwinds.  That was a strategic (countercyclical?) diversification.  That is no longer the case, but they have proven that they can make good aquisitions, and they have overall done a great job of maintaining margins and profitability with those investments.
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