GDR

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GDR last won the day on May 20

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About GDR

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  1. This kinda goes back to the pathetic, (IMHO), 60's era mantra of looking out for number one. What is wrong with leaving something for the kids. For that matter, why wait until you're dead. Do it now. There's a good chance they can shelter money in RRSP's, TFSA's or on a mortgage, while you would have to pay all that tax on any income. We are fortunate in Canada in that we are unrestricted in giving financial gifts to our kids. In the US they are much more restricted.
  2. News Chorus Aviation announces agreements to acquire two Embraer 190 aircraft on lease to KLM Cityhopper and Aeromexico Connect Jul 17, 2017 HALIFAX, July 17, 2017 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today agreements by Chorus Aviation Capital's subsidiaries to acquire two Embraer 190 aircraft. One of these aircraft is currently on lease to Dutch carrier KLM Cityhopper, a subsidiary of KLM Royal Dutch Airlines. The other aircraft is currently on lease with Aerolitoral, S.A. de C.V. (d.b.a. Aeromexico Connect), a subsidiary of Aerovías de México, S.A. de C.V. (d.b.a. 'Aeromexico'). The aircraft are three years old and the first Embraer 190s to be added to Chorus Aviation Capital's regional aircraft fleet. Reflecting on the acquisition, Chorus Aviation Capital's President, Steven Ridolfi, said, "We are delighted to add these two outstanding, world-renowned customers to our growing pool of airline lessees, and look forward to adding the first two Embraer 190s to our fleet." "This transaction represents an exciting milestone for Chorus," said Joe Randell, President and Chief Executive Officer, Chorus. "We are broadening our revenue base through the addition of high-quality lessees and extending our market reach through the addition of Embraer aircraft to our fleet. Importantly, we are growing by leveraging what we know best: regional aviation." The transactions are expected to close in the third quarter and are subject to customary conditions precedent to closing, including novation of the existing leases. About Chorus Headquartered in Halifax, Nova Scotia, Chorus was incorporated on September 27, 2010. Chorus' vision is to deliver regional aviation to the world. Chorus owns Jazz Aviation and Voyageur Aviation – companies that have long histories of safe and solid operations that deliver excellent customer service in the areas of contract flying operations, engineering, fleet management, and maintenance, repair and overhaul. Chorus has been leasing its owned regional aircraft into Jazz's Air Canada Express operation since 2009, and recently established Chorus Aviation Capital to become a leading, global provider of regional aircraft leases and support services. Chorus Class A Variable Voting Shares and Class B Voting Shares trade on the Toronto Stock Exchange under the trading symbol 'CHR'. For more information about Chorus and its subsidiaries, see www.chorusaviation.ca. Forward-Looking Information This news release may contain "forward-looking information" as defined under applicable Canadian securities legislation. Forward-looking information typically contains words such as "anticipate", "believe", "could", "should", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and similar words and phrases, including references to assumptions. Such information may involve but is not limited to comments with respect to strategies, expectations, planned operations or future actions. Forward-looking information related to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and other uncertain events. Forward looking information, by its nature, is based on assumptions, including those described below, and is subject to important risks and uncertainties. Any forecasts or forward-looking predictions or statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to differ materially from those expressed in the forward-looking statements. Factors that may cause results to differ materially from expectations in this news release include, without limitation, that the conditions precedent to the closing of the transactions contemplated by this news release are not fulfilled or waived by the parties. For a further discussion of risks, please refer to the section titled "Risk Factors" in Chorus' 2016 Annual Information Form. Any statements containing forward-looking information in this news release represent Chorus' expectations as of July 17, 2017. Chorus disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. SOURCE Chorus Aviation Inc. For further information: Chorus Media Contacts: Manon Stuart, Halifax, Nova Scotia, (902) 873-5054, mstuart@chorusaviation.ca; Debra Williams, Toronto, Ontario, (905) 671-7769, dwilliams@chorusaviation.ca; Analyst Contact: Nathalie Megann, Halifax, Nova Scotia, (902) 873-5094, nmegann@chorusaviation.ca
  3. SFO Incident

    Interesting interview on CTV. http://www.ctvnews.ca/video?clipId=1165295&playlistId=1.3497833&binId=1.810401&playlistPageNum=1&binPageNum=1
  4. This may have been posted before and I just Missed it. It's look like the initial rotation was at V1.
  5. What's he talking about. Grandmothers are sexy. I should know as I'm married to one.
  6. The Captain said things like "our survival depends on your co-operating" and to pray and that hopefully we'll all get there safely. This is a guy that is just building up the drama so that he looks like a hero when they land. Instead of trying to reassure the passengers he did exactly the opposite adding to the stress of everyone in the back including the crew. Unbelievably unprofessional.
  7. A very interesting read. http://www.seattletimes.com/business/boeing-aerospace/boeing-revs-up-robots-for-777x-in-everett-factory-signals-that-a-797-awaits/?hl=1&noRedirect=1
  8. Attempted Cockpit Breach on AA

    Red Green would have been proud. The handy man's secret weapon.
  9. Alert was right off the ice so it made it easier to get in when there was low vis. We could get down low over the ice and the navigator would pick up the barrels that led up to the end of the runway on the radar. He could then give us headings to track to the runway. The approach wasn't in the manual but it worked.
  10. Thanks Malcom. Boy does going through that bring back memories. RCAF 309 crashed, (they believe because of a runaway trim), while doing circuits in Trenton by the course ahead of mine, while I was still in ground school back in 1967. My year in the TAL school was the most fun of my flying career. As a 20 something year old and allowed to fly low and fast in a Herc had to be the best gig ever.
  11. Pretty cool and all electric...
  12. ....and an order from BA.
  13. Ultimately I still contend that this plane is going to be a great airplane for whoever buys it. http://www.bnn.ca/bombardier-s-cseries-nears-approval-to-land-at-london-city-airport-1.705420
  14. Westjet Go Around SXM

    Just a point.. They screwed up but then they didn't compound the error by trying to salvage the landing. They deserve credit for that.
  15. We've been through this discussion before but here it is again. I retired at what was then the normal retirement age of 60. I had more than enough money to retire and had a plan for my time. The volunteer work I did prior to retirement part time became something closer to full time. I could holiday when I wanted which now is only curtailed by an elderly golden retriever. Life is really good. I'm never bored Having said that I would love to have flown another 5 years. I loved having the two lives. What was not to like. I loved the flying, I love the people I worked with and enjoyed the layovers. I would have done it for the expense money. It gave me enough time off to do much of the volunteer work and other things i do now plus a great life working for AC. I just never got tired of the job, which does not mean that I didn't have a fulfilling and enjoyable life outside of the job or after the job. I'm sure there are many more just like me.