The Globe and Mail recommends buying Chorus Aviation ($6.19) in its Tuesday, June 7, edition. The Globe's guest columnist Gordon Pape writes that Chorus is a stable company with an attractive dividend yield of 7.83 per cent. It has a capacity purchase agreement (CPA) with Air Canada that runs until the end of 2025, which guarantees revenue. Under the deal, Air Canada purchases the capacity of certain specified aircraft operated by Jazz under the Air Canada Express brand on routes specified by Air Canada. Jazz earns revenue under the CPA in four ways: controllable revenue, fixed fees, performance incentives and aircraft leasing. Chorus has growth potential through regional jet leasing. Like all airlines, the profitability of Chorus is directly affected by economic conditions. In a weak economic environment, demand for air travel will decline, and revenues and profits will suffer. This cyclicality is the main reason that Mr. Pape rates this a higher-risk stock. This stock is best suited to investors seeking above-average yield and monthly cash flow who are willing to accept a higher degree of risk. If you prefer a low-risk stock, Mr. Pape recommends Fortis.