Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:CHR - Post Discussion

Chorus Aviation Inc > Q1 results

View:

Post by Tedious16 on May 12, 2021 7:52pm

Q1 results

https://chorusaviation.com/chorus-aviation-announces-first-quarter-2021-financial-results/

250

Comment

Comment by Tedious16 on May 12, 2021 7:53pm

Chorus Aviation Announces First Quarter 2021 Financial Results May 12th, 2021 Q1 2021 Key Metrics Net loss of $38.1 million, or $0.24 per basic share; a period-over-period decrease of $20.8 million due to one-time restructuring costs related to the 2021 capacity purchase agreement (‘CPA’) amendments of $81.8 million as ...more

203

Comment

Comment by HermannHaller on May 12, 2021 8:12pm

$84 million in EBITDA...TD estimated $79 million. Not too shabby.

178

Comment

Comment by Tedious16 on May 12, 2021 8:20pm

81.5E for RBC. Beat that too.

171

Comment

Comment by Crispix14 on May 12, 2021 9:02pm

Just read through the whole report, takeaways: -Loss in large part due to 1x cost of CPA amendment/ aircraft restructuring. -RAL collection of 62% (I expected 60%). -No definitive #s re Voyaguer Purolator contract, but just says revenues increasing - 3 of 19 dash 8s leased out as I anticipated. Need more progress on this front, expect it to happen organically once covid is drawn out. ...more

350

Comment

Chorus Aviation Inc