RE:RE:RE:RE:RE:Doors about to blow offnot sure why spirit is entering the conversation. Spirit is a discount Airline in the US
Chorus doesn't operate an airline. it leases out its planes to Air Canada, though it seems to have sold off its newly acquied division.
Chorus is profitable. has been for a while, spirit not so much,
Chorus should be trading a hihger prices, imo, and used to pay a dividend, but since covid this stock has been a dog. not sure why its rallying other than the sale of the divison must be favourably viewed by analysts.
big concern would be if Air canada doesn't renew its agreement.
but copany trades at a discount to its BV so if all the assets were sold off, there would money left over to repay shareholders.