|Bid||7.90 x N/A|
|Ask||7.91 x N/A|
|Day's Range||7.82 - 7.92|
|52 Week Range||4.54 - 8.03|
|Beta (3Y Monthly)||1.89|
|PE Ratio (TTM)||12.00|
|Forward Dividend & Yield||0.48 (6.43%)|
|1y Target Est||9.28|
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...
Chorus Aviation announces a sale-leaseback transaction with IndiGo, for six new ATR72-600 aircraft
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
HALIFAX , May 21, 2019 /CNW/ - Chorus Aviation Inc. ('Chorus') (CHR.TO) announced today that Chorus Aviation Capital ('CAC') has entered into a purchase agreement to acquire five, mid-life Bombardier Q400 aircraft currently on lease with Europe's largest independent regional airline, Flybe. This transaction is expected to close by this summer and is subject to customary conditions precedent to closing, such as the novation of the existing leases, as well as the receipt of all regulatory approvals or consents required in connection with the acquisition of Flybe by Connect Airways Limited. With these acquisitions, Chorus Aviation Capital has announced 50 commitments to date for its regional aircraft leasing business.
HALIFAX , May 13, 2019 /CNW/ - Chorus Aviation Inc. ('Chorus') (CHR.TO) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) issued earlier today a final order approving the previously announced plan of arrangement under the Canada Business Corporations Act effecting amendments to Chorus Aviation's articles of incorporation and by-laws to align the permitted level of non-Canadian ownership and control of its voting shares within its articles with those prescribed by the new definition of "Canadian" under the Canada Transportation Act ('CTA') as amended in June 2018 . Prior to the CTA amendments, no more than 25% of the voting interests of a Canadian air carrier could be owned or controlled by non-Canadians. The Government of Canada's stated purpose in implementing the CTA amendments is to attract more foreign investment and encourage growth in the aviation sector by increasing, from 25% to 49%, the permitted level of foreign ownership of Canadian air carriers.
Advisory - Chorus Aviation Inc. to Participate at the 2019 RBC Capital Markets Canadian Automotive, Industrials & Transportation Conference
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HALIFAX , April 17, 2019 /CNW/ - Chorus Aviation Inc. ('Chorus') (CHR.TO) announced today that Chorus Aviation Capital ('CAC') has entered into agreements to deliver five new Bombardier Q400 aircraft to SpiceJet of India under a sale and leaseback transaction. "We are excited to welcome SpiceJet as a new lessee.
Advisory - Chorus Aviation Inc. to hold annual and special meeting of shareholders and present first quarter 2019 financial results on may 8, 2019
Jolene Mahody appointed Executive Vice President and Chief Strategy Officer. Colin Copp appointed Chief Operating Officer and President, Chorus Aviation Services. Dennis Lopes appointed Senior Vice President, Chief Legal Officer and Corporate Secretary.
HALIFAX , March 1, 2019 /CNW/ - Chorus Aviation Inc. ('Chorus') (CHR.TO) is proud to announce that its subsidiary, Jazz Aviation LP ('Jazz'), was named one of Canada's Best Diversity Employers for the eighth consecutive year by Mediacorp Canada Inc. "We are proud to continue to be recognized as one of Canada's Best Diversity Employers," said Colin Copp , President, Jazz. This achievement is a testament to the efforts of the Jazz employees dedicated to creating workspaces that empower champions of inclusion and allow each other to work as their authentic selves.
HALIFAX , Feb. 21, 2019 /CNW/ - Chorus Aviation Inc. ('Chorus') (CHR.TO) announced today an agreement by Chorus Aviation Capital to acquire a portfolio of six aircraft with leases attached. The portfolio consists of two ATR72-600s on lease to Azul of Brazil , and four Q400s on lease to two other existing customers of Chorus Aviation Capital. With these acquisitions, Chorus' suite of leased regional aircraft (inclusive of nine transactions pending completion) has reached 40 aircraft, comprising 28 turboprops and 12 regional jets valued at approximately US $850 million . The acquisitions of the aircraft on lease to Azul have been completed.
Prior to the CTA amendments, no more than 25% of the voting interests of a Canadian air carrier could be owned or controlled by non-Canadians. The Government of Canada's stated purpose in implementing the CTA amendments is to attract more foreign investment and encourage growth in the aviation sector by increasing, from 25% to 49%, the permitted level of foreign ownership of Canadian air carriers. At the same time, the CTA amendments introduced two new limitations on voting ownership and control, by capping the voting rights of single non-Canadians and of the aggregate of non-Canadian air carriers at 25%.
HALIFAX , Feb. 6, 2019 /CNW/ - Chorus Aviation Inc. ('Chorus') (CHR.TO) today announced that it has entered into a firm purchase agreement with Bombardier Commercial Aircraft to acquire nine CRJ900 regional jet aircraft. "The addition of these new CRJ900 aircraft is a significant step in modernizing the Jazz fleet with larger aircraft while supporting the continued growth of our leasing revenue," said Joseph Randell , President and Chief Executive Officer, Chorus. "We are delighted that Chorus and Jazz have chosen Bombardier products for the growth and renewal of their fleet.
Air Canada and Chorus Aviation Finalize Amended and Extended Capacity Purchase Agreement for Jazz Regional Flying