Exchange Income Corporation [(OTC:EIFZF) (EIF.TO)] ("EIC" or "the company") is a diversified Canadian holding company focused in two niche markets, aviation and specialty manufacturing. Please note that trading of EIF.TO on the Toronto Stock Exchange is substantially more liquid.
On the aviation side of the house, EIC owns a collection of regional and charter airlines serving primarily small communities in the north of Canada, and recently acquired Regional One for $80 million, which is a distributor of regional aircraft, engines and parts. It is the largest acquisition to date for EIC, and is strategic in that Regional One acts as a hedge for rising maintenance and repair costs for the aircraft owned by EIC's airline subsidiaries.
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