Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

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

TSX:CHR - Post Discussion

Chorus Aviation Inc > Well-positioned for growth
View:
Post by 60PlusWhoCares on Apr 08, 2024 8:20am

Well-positioned for growth

Well-positioned for growth

At $2.04 per share (-20.3% year to date), Chorus Aviation (TSX:CHR) trades at a bargain. The turnaround could come soon following the impressive financial results in Q4 and year-end 2023. For the year, operating revenue and net income increased 5.3% to $1.7 billion versus 2022, while net income soared 104.4% year over year to $106.1 million.

The $394.6 million holding company owns regional airlines Jazz Aviation LP and Voyageur Airways and Chorus Aviation Capital, a lessor in global aviation. Its President and CEO, Colin Copp, forecasts strong FCF in 2024 and notes that Chorus is well-positioned for growth.

Be the first to comment on this post