Latest Chorus Aviation Inc (CHRVF) Headlines
Chorus Aviation and GA Telesis Sign Letter of Intent to Form Innovative Joint Venture Providing Support to the Regional Aircraft Market
Business Wire - Fri Dec 13, 9:42AM CST
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) and GA Telesis, LLC ("GA Telesis") today announced that they have signed a Letter of Intent ("LOI") to form a joint venture to provide supply chain solutions, including component and spare parts support, to Bombardier Q400, DHC Dash 8, and CRJ aircraft operators and maintenance, repair and overhaul (MRO) providers. The joint venture will leverage the considerable expertise of the two companies to form a world-class inventory support provider focused on regional aircraft operators. The business will initially focus on the Q400, and the parties expect to expand the joint venture's services and offerings to include other regional aircraft types.
Air Canada Comments on Jazz Benchmark Arbitration
CNW Group - Tue Nov 26, 12:34PM CST
Air Canada provides the following statement on yesterday's decision in the arbitration relating to the benchmarking provisions of its Capacity Purchase Agreement ('CPA') with Jazz Aviation LP (Jazz), a wholly owned subsidiary of Chorus Aviation Inc. The arbitration relates to the method and calculations Air Canada and Jazz are to use to compare the rate of growth of Jazz's controllable unit costs to those of a group of comparable operators.
Travel and Tourism in Canada to 2017: Canada's Real GDP Expected to Grow By 1.6% in 2013 before Strengthening to Around 2.4% in 2014
M2 - Tue Sep 10, 9:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g86rn5/travel_and) has announced the addition of the "Travel and Tourism in Canada to 2017" report to their offering. Despite a deceleration in 2009 due to the financial crisis, Canada's tourism sector flourished during the review period, with tourist volumes increasing in the years following the crisis. The growth can be attributed to the country's strong economic position and the promotional efforts of the Canadian Tourism Commission (CTC). During the review period (2008-2012), Canada's domestic tourist volumes expanded at a CAGR of 1.04%. Key Highlights: - Canada was ranked eighth in the World Economic Forum's (WEF's) Travel and Tourism Competitiveness Index 2013, moving up one position from its 2011 ranking. The country is ranked fifth for natural and qualified human resources. However, rising currency rates have made tourism-related services expensive, resulting in a rank of 124th in terms of price competitiveness. - Domestic tourism has always accounted for a significantly higher share of total tourist volumes and earnings. Factors that have contributed to domestic tourism growth are the country's infrastructure improvements, improved consumer confidence and higher discounts offered by travel suppliers. Domestic tourism is highly seasonal, with most trips taking place during the summer months of July, August and September. Short-length domestic trips in Canada are usually made on weekends with leisure being the main purpose, while most long trips are undertaken for business purposes. - The Canadian government launched the Federal Tourism Strategy in 2011 to increase the tourism sector's competitiveness in the global market and position it for long-term growth. The strategy focuses on four key areas: to promote Canada as a world-class tourism destination; to ensure the safety of tourists and facilitate the ease of access to the country; to increase the quality of services offered; and to encourage product innovation and investment. Canada set a tourism revenue target of US$100 billion for 2015 and its federal tourism strategy will guide policies and actions set by the federal government to help meet this target. - Canadian airports lack price competitiveness compared to American airports, due to excessive taxation and high operating costs. Pricing in the Canadian airline market is changing in view of the federal government's new laws to regulate advertised prices. Many major airline companies such as WestJet, Air Canada, Air Transat and Porter Airlines have consequently implemented all-inclusive pricing for their fares. The regulation is aimed at improving transparency in pricing. - Canada's car rental market is undergoing a phase of consolidation. Canadian citizens are permitted to bring a US-based rental vehicle across the border for non-commercial purposes for a period of 30 days. However, the surcharge for dropping the car off at a different location from where it was picked up is high in Canada. Companies Mentioned: - Air Canada Inc. - Air Transat A.T. Inc. - Alltime Car Rental Corporation - Best Western International Canada - Budget Rent-A-Car BC Ltd. - CanaDream Corporation - Chorus Aviation Inc. - Delta Hotels and Resorts - Discount Car & Truck Rentals Ltd. - Expedia Canada Corp. - Fairmont Raffles Hotels International Inc - FlightNetwork - InterContinental Hotels Group Canada - Porter Airlines Inc. - RIZ Rent a Car and Truck Ltd - Red Tag Vacations - Sunwing Travel Group Inc - Voyage A Rabais - WestJet Airlines Ltd. - Westmont Hospitality Group, Inc. For more information visit http://www.researchandmarkets.com/research/g86rn5/travel_and About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Chorus Aviation Inc. Announces First Quarter Dividend
CNW Group - Tue Mar 19, 7:00AM CDT
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) today announced a quarterly dividend of $0.15 per Class A and Class B share payable on or after April 16, 2013 to shareholders of record at the close of business on March 28, 2013. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.
Chorus Aviation Inc. announces TSX acceptance of normal course issuer bid per announcement of February 20, 2013
CNW Group - Thu Mar 14, 8:21AM CDT
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) today announced that the Toronto Stock Exchange (the "TSX") has accepted its notice to make a normal course issuer bid ("NCIB") to purchase for cancellation up to a maximum of 11,093,612 of its Class A Variable Voting shares and/or Class B Voting shares (collectively, the "Shares"), representing 10% of the public float of the Shares.
Chorus Aviation Inc. announces fourth quarter and year end 2012 results and intention to make a Normal Course Issuer Bid
CNW Group - Wed Feb 20, 4:26PM CST
Annual adjusted net earnings per share increases to $0.77 Consistent quarterly profitability since 2006
Chorus Aviation and GA Telesis Sign Letter of Intent to Form Innovative Joint Venture Providing Support to the Regional Aircraft Market
Business Wire - Fri Dec 13, 9:42AM CST
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) and GA Telesis, LLC ("GA Telesis") today announced that they have signed a Letter of Intent ("LOI") to form a joint venture to provide supply chain solutions, including component and spare parts support, to Bombardier Q400, DHC Dash 8, and CRJ aircraft operators and maintenance, repair and overhaul (MRO) providers. The joint venture will leverage the considerable expertise of the two companies to form a world-class inventory support provider focused on regional aircraft operators. The business will initially focus on the Q400, and the parties expect to expand the joint venture's services and offerings to include other regional aircraft types.
Air Canada Comments on Jazz Benchmark Arbitration
CNW Group - Tue Nov 26, 12:34PM CST
Air Canada provides the following statement on yesterday's decision in the arbitration relating to the benchmarking provisions of its Capacity Purchase Agreement ('CPA') with Jazz Aviation LP (Jazz), a wholly owned subsidiary of Chorus Aviation Inc. The arbitration relates to the method and calculations Air Canada and Jazz are to use to compare the rate of growth of Jazz's controllable unit costs to those of a group of comparable operators.
Travel and Tourism in Canada to 2017: Canada's Real GDP Expected to Grow By 1.6% in 2013 before Strengthening to Around 2.4% in 2014
M2 - Tue Sep 10, 9:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g86rn5/travel_and) has announced the addition of the "Travel and Tourism in Canada to 2017" report to their offering. Despite a deceleration in 2009 due to the financial crisis, Canada's tourism sector flourished during the review period, with tourist volumes increasing in the years following the crisis. The growth can be attributed to the country's strong economic position and the promotional efforts of the Canadian Tourism Commission (CTC). During the review period (2008-2012), Canada's domestic tourist volumes expanded at a CAGR of 1.04%. Key Highlights: - Canada was ranked eighth in the World Economic Forum's (WEF's) Travel and Tourism Competitiveness Index 2013, moving up one position from its 2011 ranking. The country is ranked fifth for natural and qualified human resources. However, rising currency rates have made tourism-related services expensive, resulting in a rank of 124th in terms of price competitiveness. - Domestic tourism has always accounted for a significantly higher share of total tourist volumes and earnings. Factors that have contributed to domestic tourism growth are the country's infrastructure improvements, improved consumer confidence and higher discounts offered by travel suppliers. Domestic tourism is highly seasonal, with most trips taking place during the summer months of July, August and September. Short-length domestic trips in Canada are usually made on weekends with leisure being the main purpose, while most long trips are undertaken for business purposes. - The Canadian government launched the Federal Tourism Strategy in 2011 to increase the tourism sector's competitiveness in the global market and position it for long-term growth. The strategy focuses on four key areas: to promote Canada as a world-class tourism destination; to ensure the safety of tourists and facilitate the ease of access to the country; to increase the quality of services offered; and to encourage product innovation and investment. Canada set a tourism revenue target of US$100 billion for 2015 and its federal tourism strategy will guide policies and actions set by the federal government to help meet this target. - Canadian airports lack price competitiveness compared to American airports, due to excessive taxation and high operating costs. Pricing in the Canadian airline market is changing in view of the federal government's new laws to regulate advertised prices. Many major airline companies such as WestJet, Air Canada, Air Transat and Porter Airlines have consequently implemented all-inclusive pricing for their fares. The regulation is aimed at improving transparency in pricing. - Canada's car rental market is undergoing a phase of consolidation. Canadian citizens are permitted to bring a US-based rental vehicle across the border for non-commercial purposes for a period of 30 days. However, the surcharge for dropping the car off at a different location from where it was picked up is high in Canada. Companies Mentioned: - Air Canada Inc. - Air Transat A.T. Inc. - Alltime Car Rental Corporation - Best Western International Canada - Budget Rent-A-Car BC Ltd. - CanaDream Corporation - Chorus Aviation Inc. - Delta Hotels and Resorts - Discount Car & Truck Rentals Ltd. - Expedia Canada Corp. - Fairmont Raffles Hotels International Inc - FlightNetwork - InterContinental Hotels Group Canada - Porter Airlines Inc. - RIZ Rent a Car and Truck Ltd - Red Tag Vacations - Sunwing Travel Group Inc - Voyage A Rabais - WestJet Airlines Ltd. - Westmont Hospitality Group, Inc. For more information visit http://www.researchandmarkets.com/research/g86rn5/travel_and About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Chorus Aviation Inc. Announces First Quarter Dividend
CNW Group - Tue Mar 19, 7:00AM CDT
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) today announced a quarterly dividend of $0.15 per Class A and Class B share payable on or after April 16, 2013 to shareholders of record at the close of business on March 28, 2013. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.
Chorus Aviation Inc. announces TSX acceptance of normal course issuer bid per announcement of February 20, 2013
CNW Group - Thu Mar 14, 8:21AM CDT
Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) today announced that the Toronto Stock Exchange (the "TSX") has accepted its notice to make a normal course issuer bid ("NCIB") to purchase for cancellation up to a maximum of 11,093,612 of its Class A Variable Voting shares and/or Class B Voting shares (collectively, the "Shares"), representing 10% of the public float of the Shares.
Chorus Aviation Inc. announces fourth quarter and year end 2012 results and intention to make a Normal Course Issuer Bid
CNW Group - Wed Feb 20, 4:26PM CST
Annual adjusted net earnings per share increases to $0.77 Consistent quarterly profitability since 2006
