TSE:CHR

Chorus Aviation Inc (CHR.TO)

23.89
-0.20 (0.83%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
223 watching
0
SELL
Typically uses turboprops and regional jets but it is tough times for all the airlines. This company serves some fairly low occupancy routes, which they will probably be cutting.
COMMENT
Air Canada pays their fuel costs and the market tends to forget this. Parent of all these guys is Ace Aviation (ACE.A-T), which is selling all their Aero Plan and Jazz so there is ongoing pressure. One more crunch to come, probably in the next 2 or 3 months and then the pressure will be off and there might be a recovery. Would sell on a rebound.
BUY
Performing relatively well. The agreement it has with Air Canada is solid and provides some upside.
COMMENT
Ace Aviation Holdings, which has a part of this, announced that they are collapsing the structure and selling off their portion. This is part of the reason for the drop. He would play this with Jazz Technologies (JAZ.A-T) instead.
BUY
Canadian Airlines, particularly this one and Westjet (WJA-T) have been painted with the same brush as the national and regional carriers in the US. This one operates outside of the major hubs, catering more to the regional destinations, which are not as economically sensitive. Have been somewhat sheltered from the rise in jet fuel costs.
BUY
Transportation space can be fickle, but this name is a relatively conservative way to play the airline space.
TOP PICK
Ridership and capacity had been setting new levels. Operates under a capacity purchase agreement with AC. Like a glorified 12% bond. As long as they keep costs, mostly labour, under control they will continue to have stable cash flow. (Labour contracts g
PAST TOP PICK
(A Top Pick Nov 24/06. Up 4.2%.) Running the planes full but he is not as keen on this now. Consider it as a Hold.
DON'T BUY
High yield which is synonymous with high risk. Very dependent on the health of Air Canada, which at the moment is doing very well. Airline industry is very volatile.
PAST TOP PICK
(A Top Pick Nov 24/06. Up 2.4%.) Sold it a little higher than where it is now. Likes the company but moved into other things.
COMMENT
Airline business is just about the worst possible business as an income trust model. Have a guaranteed agreement with Air Canada to sell a number of seats to them. It depends on how well Air Canada does. If you’ve made money and you think the economy might be slowing down, you might want to consider taking some profit.
TOP PICK
Likes their return and that they are part of Air Canada. Feels they will do a lot of business over the next number of years. Enormously well positioned to deliver on the discount airline concept.
HOLD
Not a growth play. Has a covenant from Air Canada to meet the revenues. You have to be comfortable with that covenant. Recent sell off has been a function of interest rates and the perception that oil prices are going to hurt them. Thinks management will turn this into a growth play, maybe next year.
DON'T BUY
This does not fit the normal trust profile. It is tied in to Air Canada so is not entirely on its own. Prefers a purer play.
DON'T BUY
A controversial trust. He is not bothered by its structure but feels the risk/reward is not worth it. Would be more interested at $9.20.
Showing 211 to 225 of 227 entries