Post by
maplak on Jul 13, 2023 4:51pm
Chorus management bs.
Yes Delta just announced the record profits on increased travel and lover fuel prices. AC the most likely will follow. The Chorus is not major airline all they do is just pick up the passengers from major airlines like AC or West Jet and fly them to a little holes . During the covid time they lost juicy contract with AC and recently they could pick up another one for west routes. I can't believe that they lost it to EIF. The EIF had to raise the money to buy additional planes for the contract and Chorus has them I am assuming. On the top of it Chorus doesn't have enough experienced pilots. The question is why did they pass on this opportunity? Only my hope is maintaining / leasing planes is more profitable business these days as travel and numbers of planes in service increases. The share price is going nowhere definitely not following the major airlines.
Comment by
flamingogold on Jul 19, 2023 1:54pm
During covid, Chorus did benefit from Sky Regional's closure by taking over all their jets and routes. Currently out of favour, not much we can do except to wait or buy back when it starts running. But, when it does, it will move quickly. Still trading below the price that BAM received shares for. https://westernaviationnews.com/air-canada-sky-regional-regional-aviation-shakeup/
Comment by
satchmo6 on Jul 19, 2023 2:50pm
why the concern ????????? just because JAZZ Air isnt seen in some provinces -----doesnt mean they are out of business.............. takling turkey--------------------- It was like getting up in front of the Canadian Cattle Association and having a lot to say about chicken.
Comment by
flamingogold on Jul 19, 2023 3:32pm
If you're responding to me, well I have no concern. My response is to the original post which was full of frustration and anxiety and that patience is required here.