Chorus Aviation Inc (CHR.TO) Buy, Sell or Hold

Chorus Aviation Inc (CHR.TO)

24.85

+0.07 (0.28%)

as of Jun 19, 2026, 8:00:01 pm Market Open.

198 watching

BUY

CHR are buying a UK plane-leasing company, Falco Regional Aircraft, then Brookfield invested $370 million in Chorus He sold it when Covid started. Brookfield's interest in this stock is worth noting and it's possible that Brookfield will buy CHR one day. This should rebound along with airlines. He owns PTS instead, which runs the loyalty programs for airlines, a business which few know is the most profitable segment the plane industry.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A very large deal. It could double the size of the company and diversify it with a growth profile. CHR will become large and more attractive to institutional investors. Unlock Premium - Try 5i Free

BUY

Allan Tong’s Discover Picks This time around, I'm endorsing CHR on the same assumption, but based on the following facts. Since last May, Canada's full vaccination rate has leapt to 80%, surpassing the U.S. at 64.4%, while children under 12 are rapidly getting jabbed. Further, Omicron swept across the world's populations, but like a big wave it crested suddenly and is receeding quickly. Third: the past two years have shown that Covid doesn't like warm weather. Four: past spikes in travel prove that “revenge travel” is a real economic force. People are dying to travel, though it's up in the air when business travel will recover. Five: Scotia Capital just upgraded CHR, citing a possible rebound in the aircraft leasing market and the company's plan to invest $330-400 million on planes this year, based on liquidity of $434 million. Watch for CHR's full-year report on Feb. 17. Read 3 Promising Reopening Stocks 2022 for our full analysis.

COMMENT

Offers growth, but is more of a cyclical.

BUY

Allan Tong’s Discover Picks Bay Street is sticking by Chorus. Analyst signals remain at four buys and two holds for CHR stock. The new $5.18 price target amounts to more than 10% upside. With flights expected to resume sometime this summer, this PT is reasonable. Chorus’ management has steered the company well through the Covid turbulence, so they deserve the benefit of the doubt going forward. However, there’s still no word on when the company will restore its dividend. Read 3 Hot Canadian Summer Stocks for our full analysis.

DON'T BUY

Airlines continue to struggle and will take much longer than some expect to recover. There are better opportunities in other sectors, like metals. Yes, people want to travel again, but he thinks it will be a long while before people can actually travel, especially for business.

HOLD

Has had it as a Top Pick in the past. Both their leasing business and Air Canada flights were very hard hit by the pandemic. Their collection rate for leases is at 60%. The Air Canada business gives them steady income though. Undervalued here. A riskier return to work play. 7x earnings, 7x EBITA. Scores well on value but price momentum has been bad until recent news of someone approaching them.

WATCH

They are in a tough situation with the pandemic. They don't own them at this time. They are in a partnership with Air Canada that provides a block amount of flight time, which was creating great certainty. The other side of their business is the leasing side, which was being looked at fueling growth. It will probably trade up and down with the prognosis of the aviation space.

Premium content

It's a Monthly Gems opinion which is available only for Stockchase Premium

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Finally, a word about Canadian airlines. Chorus Aviation continues to post double-digit gains, soaring nearly 21% on April 8 alone. That said, the regional flyer with a long-term contract with Air Canada plunged 73% between the Feb. 19 peak and the March 23 trough, so it was a little oversold and it is now making it lost ground. (It recently suspended its dividend, like so many income stocks.) CHR is still less than half of its $8.45 peak.

WEAK BUY

They're not exposed to oil prices or currencies. They have a take-or-pay contract with Air Canada, who pay CHR whether AC uses them or not. CHR is Jazz Airlines, an AC regional offset. The dividend is sustainable, above 8%. Input costs won't change much. This stock has sold off, the baby with the bathwater. CHR is like a bond on the health of AC. Their contract runs to 2035.

STRONG BUY

Three main businesses: Jazz operator, regional leasing, and charter business. Good capital generating businesses. There's been a lot of carnage recently, but understand what the value of the company will be next year. Beaten up, so it's a great buy here.

HOLD

If coronavirus affects Air Canada, it might affect them to some extent, but not significantly. Dividend is OK. Yield is 6.2%. (Analysts’ price target is $9.38)

DON'T BUY

He trimmed at $8. They extended their Air Canada contract, but took a cut from total income they'd receive, thus reducing cash flow from that contract every year. That's the trade-off. CHR is offsetting that lost revenue with an aircraft leasing business which is a little riskier. Not his first choice in putting new new money.

BUY

One of his largest holdings. They fly Air Canada's regional routes, a deal signed through 2035 and have ratified the pilot agreement. Pays a good 6% yield with a stable free cash flow. Also, they lease regional planes internationally, which adds to growth. They can grow, and they have capital behind the company. Really likes the story. If the coronavirus does pressure this stock, then buy the dip.

BUY

He likes it. It is a pretty stable business and pays an attractive dividend. They have been growing their leasing business aggressively. There is stability to their cash flow.

Showing 16 to 30 of 223 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Chorus Aviation Inc (CHR.TO)