Chorus Aviation completes acquisition of an Embraer 190 aircraft on lease to KLM Cityhopper
Aug 22, 2017
HALIFAX, Aug. 22, 2017 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today that a Chorus Aviation Capital subsidiary has completed the acquisition of an Embraer 190 aircraft currently on lease to KLM Cityhopper. The acquisition agreement was previously announced on July 17, 2017.
"We are thrilled to welcome KLM Cityhopper as a new lessee in our portfolio, and look forward to building a mutually rewarding relationship with this high-caliber customer," commented Steven Ridolfi, President, Chorus Aviation Capital.
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 operations 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 provide 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'.
SOURCE Chorus Aviation Inc.
For further information: Chorus Media Contacts: Manon Stuart, Halifax, Nova Scotia, (902) 873-5054, firstname.lastname@example.org; Debra Williams, Toronto, Ontario, (905) 671-7769 email@example.com; Analyst Contact: Nathalie Megann, Halifax, Nova Scotia, (902) 873-5094, firstname.lastname@example.org