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Chorus Aviation Inc T.CHR

Alternate Symbol(s):  CHRRF | T.CHR.DB.B | T.CHR.DB.C

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 Hich1205on Feb 23, 2024 10:55am
238 Views
Post# 35895570

RE:RE:44+ VP's and Senior management ...and still !?

RE:RE:44+ VP's and Senior management ...and still !? so far they can't deliver on their strategy and when asked by the analysts they can't answer how they will execute and what time frame it will take. So basically, they have a dream not a stregic plan, and the audit and risk committee + the board are not challenging enough the management. As a recap, :
- The management is cashing out big time : from 50 % to 300 % of compensation increase
- The Board is cashing out : from 25 to 100 % compensation increase
-  Brookfield ... no comment 
Only missing actor in the picture is the shareholder: lost of dividende and share price losing 75 % of value for the last 10 years.

is such cases, it's better to depend on one customer, have a decent stock price and keep the stream of dividende
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