Latest MEC Bulletin

[Little Star]

A lot of people are hoping that AC will buy Jazz and merge the seniority. From a corporate perspective, it doesn't make any sense. CPA provides a steady income stream to keep CHR going till 2035. It's buying them time to grow the other CHR businesses. They want to manage assets for companies like Brookfield and high net worth individuals. Who knows if Brookfield will buy CHR, sell Jazz and Voyageur.

[Nick678]

Air Canada also owns a share of jazz, with members on the board

[truedude]

A lot of people are hoping that AC will buy Jazz and merge the seniority. From a corporate perspective, it doesn't make any sense. CPA provides a steady income stream to keep CHR going till 2035. It's buying them time to grow the other CHR businesses. They want to manage assets for companies like Brookfield and high net worth individuals. Who knows if Brookfield will buy CHR, sell Jazz and Voyageur.

Chorus receives nearly no money from the CPA above and beyond the leased airplanes it has at Jazz. The margins are razer thin, there is virtually no profit.