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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 60PlusWhoCareson Apr 11, 2024 12:39pm
132 Views
Post# 35983598

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A buyout is in the work?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A buyout is in the work?
sergio2go wrote: Re-establishing the dividend might be a bit difficult under the current profits expectations. Expectations for a yearly profit are under  0.40. At these level, there are still short from their dividend level, pre-covid. Also, even if the debt situation is well manageable, i would prefer a debt reduction as much as possible.  Especially, If there is no buyout offer. That would secure investors on a possible dividend distribution withiout generating concern for the stock on the long term..  

Debt reduction is more important at this point than a dividend for sure
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