Chorus Aviation Inc. (T:CHR)
Business Focus: Regional Airlines
| Sector: Industrials | Industry: Airlines |
| Company Contact | |
| Address: | 3 Spectacle Lake Drive, Suite 380 DARTMOUTH NS B3B 1W8 |
| Tel: | N/A |
| Website: | https://chorusaviation.com |
| IR: | See website |
| Key People | ||
| Colin Copp President, Chief Executive Officer, Director | Joseph D. Randell President, Co-Chief Executive Officer | Gary James Osborne Chief Financial Officer |
| Jolene Mahody Executive Vice President, Chief Strategy Officer | Dennis Michael Laranjeira Lopes Senior Vice President, Chief Legal Officer, Corporate Secretary | Jeremy Barnes CEO, Falko Regional Aircraft and President, Chorus Aircraft Leasing |
| Business Overview |
| 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, aircraft leasing, 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 two segments: Regional Aviation Services and Regional Aircraft Leasing. Its subsidiaries include Falko Regional Aircraft, a pure play regional aircraft asset manager and lessor, and managing investments on behalf of third-party fund investors; Jazz Aviation, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services, and Cygnet Aviation Academy, an accredited training academy preparing pilots for direct entry into airlines. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Chorus Aviation Inc revenues increased 5% to C$1.68B. Net income applicable to common stockholders increased from C$26M to C$65.9M. Revenues reflect Regional Aviation services segment increase of 5% to C$1.4B, Regional Aircraft Leasing segment increase of 7% to C$281.5M, Canada segment increase of 5% to C$1.4B, Other segment increase of 7% to C$277.3M. |
| Employees: | 4,536 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2,073M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,681M as of Dec 31, 2023 |
| EBITDA (TTM): | $681.10M as of Dec 31, 2023 |
| Net annual income (TTM): | $65.93M as of Dec 31, 2023 |
| Free cash flow (TTM): | $221.39M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $1,670M as of Dec 31, 2023 |
| Shares outstanding: | 192,521,238 as of Apr 3, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
