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Chorus Aviation Inc
$2.09
After Hours:
$2.09
(0.17%)-0.0035
Closed: Sep 27, 4:31:56 PM GMT-4 · USD · OTCMKTS · Disclaimer
StockUS listed securityCA headquartered
Previous close
$2.04
Day range
$2.06 - $2.09
Year range
$1.40 - $2.27
Market cap
538.93M CAD
Avg Volume
22.56K
P/E ratio
-
Dividend yield
-
Primary exchange
TSE
CDP Climate Change Score
C
In the news
Financials
Income Statement
Revenue
Net income
(CAD)Jun 2024Y/Y change
Revenue
351.22M7.26%
Operating expense
74.34M16.75%
Net income
-179.47M-1,042.07%
Net profit margin
-51.10-978.01%
Earnings per share
0.01-87.50%
EBITDA
50.48M-3.11%
Effective tax rate
24.21%—
Total assets
Total liabilities
(CAD)Jun 2024Y/Y change
Cash and short-term investments
29.31M-69.15%
Total assets
3.57B-8.90%
Total liabilities
2.45B-7.28%
Total equity
1.13B—
Shares outstanding
191.11M—
Price to book
0.38—
Return on assets
1.66%—
Return on capital
2.60%—
Net change in cash
(CAD)Jun 2024Y/Y change
Net income
-179.47M-1,042.07%
Cash from operations
87.70M86.70%
Cash from investing
-1.64M-107.54%
Cash from financing
-74.70M-76.03%
Net change in cash
13.20M-39.62%
Free cash flow
-791.13M-3,085.30%
About
Chorus Aviation is a Canadian holding company which owns regional airlines Jazz Aviation LP and Voyageur Airways as well as lessor Chorus Aviation Capital. It was founded in 2006 as Jazz Air Income Fund, when then parent company ACE Aviation Holdings divested part of its interests in their regional airline business in an IPO. In 2008, ACE Aviation Holdings sold its remaining participation in the company. In 2011, it became a public corporation and changed its name to Chorus aviation, due to a change in Canadian tax laws which removed tax advantages for income funds, such changes prompting other income funds to restructure similarly. In February 2011, Chorus reported that revenues had improved and that it had invested in the Uruguayan airline Pluna. After excessive losses, Pluna was shut down by the Uruguayan government on 5 July 2012, and Pluna's entire fleet was auctioned off on 1 October 2012. Chorus aviation also acquired air charter company Voyageur Airways in 2015. Voyageur Airways provides chartered aircraft to the United Nations in support of various programmes in Africa. Wikipedia
Founded
Feb 2, 2006
Employees
4,573
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