HALIFAX, Sep. 28, 2017 (Canada NewsWire via COMTEX) — Chorus Aviation Inc. (‘Chorus’) (CHR) announced today the acquisition of two Embraer 195 aircraft which are currently on lease to Azul Linhas A�reas Brasileiras S.A. (‘Azul Brazilian Airlines’). The aircraft are four years old and constitute incremental additions to Chorus Aviation Capital’s growing regional aircraft fleet.
“We’re pleased to welcome Azul Brazilian Airlines to our growing list of high-quality lessees, as well as the addition of the Embraer 195 aircraft to our expanding fleet of regional aircraft,” commented Steven Ridolfi, President, Chorus Aviation Capital.
“Chorus Aviation Capital is gaining momentum,” said Joe Randell, President and Chief Executive Officer, Chorus. “In the last four months alone, Chorus Aviation Capital has acquired or signed purchase agreements for ATR-72-600s, Embraer 190s, Embraer 195s and CRJ1000s. We are executing strongly, adding highly desirable regional aircraft from the top three manufacturers while building relationships with some of the most reputable regional airlines in the world.”
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.
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SOURCE Chorus Aviation Inc.
View original content: http://www.newswire.ca/en/releases/archive/September2017/28/c8667.html
SOURCE: Chorus Aviation Inc.
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