Chorus Aviation Inc T.CHR

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

Industrials Airlines

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.

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Chorus Aviation Inc > "We have CHR initiating a quarterly dividend of $0.06/share"

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Comment by equityresearchon Jul 30, 2024 8:51pm

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Post# 36155412

RE:"We have CHR initiating a quarterly dividend of $0.06/share"

The reinstatement of the dividend would be great for shareholders. The market movements today are perplexing as the sale of the regional aircraft leasing segment is a positive by significantly reducing debt and allowing the company to focus on predictable free cash flows from their long-term contracts. Expecting the market to appreciate this move in the near future once they have digested the information.

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