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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 CoPilot99on Nov 29, 2023 12:55am
190 Views
Post# 35757882

RE:NCIB

RE:NCIBBecause they are crooks and the NCIB is a rouse that has no benefit to the common shareholder. They knowingly paid $3.20-$3.80 for the stock that was being shorted. They provided the liquidity for their own stock to be shorted. For all we know the new management does not call the shots. The investor day was a sham to help Bay street exit the stock(and short it). Go back and watch the presentation from March 2023 I recall it was. They promoted the company with the great opportunities around the corner but knowingly knew getting Fund 3 active would take much longer than they were saying. They were fully aware of the pilot shortage that would impact their effectiveness but I recall played it down as a work in progress( from memory) . Regardless, you don't buy your own stock when you know the head winds you face. Now with the SP so low, and time has passed you would think it is a no brainer to buy the stock they were purchasing at much higher prices. But then they would be competing with the shorts who may or may not be covering. Who is calling the shots here? Who's idea was it to indebt the company with the Falco purchase in the first place. This sounds like a story our of the book :Confessions of an Economic Hit man" . Great book by the way. The only alternative is they are completely incompetant as to what would happen to their SP considering the known headwinds. Either way, It is hard to double down on a company that is so undervalued when you can't be sure if it is being run by incompetents or crooks. Good luck. 
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