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Chorus Aviation Inc
$3.25
Nov 22, 5:40:00 PM GMT-5 · CAD · TSE · Disclaimer
StockCA listed securityCA headquartered
Previous close
$3.31
Day range
$3.24 - $3.33
Year range
$1.99 - $3.43
Market cap
621.10M CAD
Avg Volume
366.75K
P/E ratio
-
Dividend yield
-
Primary exchange
TSE
CDP Climate Change Score
C
Market news
Financials
Income Statement
Revenue
Net income
(CAD)Sep 2024Y/Y change
Revenue
341.99M-9.50%
Operating expense
71.03M-2.94%
Net income
19.76M19.08%
Net profit margin
5.7831.66%
Earnings per share
0.060.00%
EBITDA
53.56M-38.95%
Effective tax rate
18.66%
Total assets
Total liabilities
(CAD)Sep 2024Y/Y change
Cash and short-term investments
23.67M-74.94%
Total assets
3.48B-11.13%
Total liabilities
2.83B7.87%
Total equity
645.51M
Shares outstanding
191.11M
Price to book
1.14
Return on assets
1.91%
Return on capital
4.33%
Net change in cash
(CAD)Sep 2024Y/Y change
Net income
19.76M19.08%
Cash from operations
52.58M-68.00%
Cash from investing
32.04M216.49%
Cash from financing
-76.69M56.07%
Net change in cash
6.04M65.46%
Free cash flow
505.28M365.55%
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
4,503
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