Copyright 2020, Chorus Aviation, All Rights Reserved. Further information on Google’s Privacy Policy can be found here, Chorus Aviation announces third quarter 2020 financial results, Jazz Aviation Takes Gold at Canada’s Safest Employers Awards, Chorus Aviation issues statement in response to recent share price appreciation, Advisory – Chorus Aviation Inc. to Present Third Quarter 2020 Financial Results on November 11, 2020, Chorus Aviation Delivers Third Airbus A220-300 Aircraft to airBaltic, Chorus Aviation announces second quarter 2020 financial results and market update, Advisory – Chorus Aviation Inc. to Present Second Quarter 2020 Financial Results on August 13, 2020, Chorus Aviation Comments on Air Canada’s Discontinuation of Service to Certain Regional Markets, Chorus Aviation Inc. Revenues for the three months ended Sept. 30 rose to $162.7 million from $77.2 million in the prior year. Energy. News; Airlines; Chorus Aviation receives takeover proposal. Canadian aircraft repair and overhaul services provider Chorus Aviation said on Friday it had received a non-binding acquisition proposal from a third party. Chorus Aviation Announces First Quarter 2020 Financial Results and Update on COVID-19 Measures (2020-05-14) Chorus Aviation Executes Previously-Announced US$100 Million Revolving Credit Facility (2020-04-28) Chorus Aviation Adopts Shareholder Rights Plan (2020-04-27) Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Excluding acquisition-related, integration and restructuring costs, CGI says it earned $318.4 million or $1.22 per diluted share compared with a profit of $329.5 million or $1.21 per diluted share a year ago when it had more shares outstanding.This report by The Canadian Press was first published Nov. 11, 2020.The Canadian Press, HALIFAX — Shares of Chorus Aviation Inc. fell as much as 12.7 per cent Wednesday after the regional aviation company reported third-quarter results that missed expectations as it continues to feel the effects of COVID-19.The Halifax-based company's shares dipped as low as $3.23 before climbing to $3.60 in midday trading, down 10 cents or 2.7 per cent.Chorus said it earned $20.5 million or 13 cents per share in the quarter, down 15.4 per cent from $24.2 million or 15 cents per share.Adjusted profits plunged 62.6 per cent to $10.9 million or seven cents per share, compared with $29.1 million or 18 cents per share in the third quarter of 2019.Revenue for the three months ended Sept. 30 was $196.4 million, down 44.1 per cent from $351.4 million in the prior year.Analysts on average forecast adjusted earnings of 11 cents per share on $204.3 million of revenues, according to financial data firm Refinitiv. Between the two, however, it’s the little-known airline that appears to be a better buy with the latest development.The post Forget Air Canada (TSX:AC)! The company runs 25 gaming, entertainment and hospitality facilities, primarily in Ontario and British Columbia, but has suspended most of its operations because of COVID-19-related public health restrictions.AirBoss of America Corp. (TSX:BOS). This advertisement has not loaded yet, but your article continues below. You can change your choices at any time by visiting Your Privacy Controls. Up $9.99 or 34.6 per cent to $38.90. Chief executive Rod Baker, who has led the company for about a decade, said its independent directors had done a thorough job of analyzing Apollo's offer but acknowledged they hadn't approached other potential investors before unanimously recommending the deal. Find out more on our, This website collects electronic data from you using Google Analytics which employs first-party cookies and other identifiers to measure where our site visitors come from in the world, when and how you visit the site, how long you use it, and what you look at while you are here. Find out more on our, This website collects electronic data from you using Google Analytics which employs first-party cookies and other identifiers to measure where our site visitors come from in the world, when and how you visit the site, how long you use it, and what you look at while you are here. A welcome email is on its way. Chorus Aviation announces second quarter 2020 financial results and market update (2020-08-12) Advisory – Chorus Aviation Inc. to Present Second Quarter 2020 Financial Results on August 13, 2020 (2020-07-09) Chorus Aviation Comments on Air Canada’s Discontinuation of Service to Certain Regional Markets (2020-06-30) News provided by. Announces Election of Directors, Chorus Aviation to Hold Virtual Annual and Special Meeting of Shareholders, Jazz Aviation honoured with Outstanding Commitment to Employment Equity award, Chorus Aviation Announces First Quarter 2020 Financial Results and Update on COVID-19 Measures, Chorus Aviation Executes Previously-Announced US$100 Million Revolving Credit Facility, Chorus Aviation Adopts Shareholder Rights Plan, https://policies.google.com/technologies/partner-sites. This Little-Known Airline Stock Surged 34.6% appeared first on The Motley Fool Canada. This site uses cookies to offer you a better browsing experience. It is mandatory to procure user consent prior to running these cookies on your website. There was an error, please provide a valid email address. AirBoss, which reports in U.S. dollars, says adjusted profit was $11.7 million or 47 cents per share, compared with $1.8 million or eight cents per share in the third quarter of 2019. The Ontario-based company says its net income attributable to shareholders was US$11.6 million or 47 cents per diluted share, up from US$1.5 million or seven cents per share a year earlier. Find out more about how we use your information in our Privacy Policy and Cookie Policy. We ask you to keep your comments relevant and respectful.

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