Jazz Air Income Fund announces September distribution - Sep 17, 2009

Site Header

Site Body

Main Content


Jazz Air Income Fund announces September distribution

Sep 17, 2009

HALIFAX, Sept. 17 /CNW/ - Jazz Air Income Fund (TSX: JAZ.UN ) announced today that its September cash distribution of $0.05 per Fund unit covering the period from September 1, 2009 to September 30, 2009 will be paid on October 15, 2009 to unitholders of record at the close of business on September 30, 2009.


About Jazz


Jazz is the second largest airline in Canada based on fleet size and the only airline serving all 10 provinces and two territories. Jazz operates more flights and flies to more Canadian destinations than any other Canadian carrier. Jazz forms an integral part of Air Canada's domestic and transborder market presence and strategy.

Jazz is not a typical airline. The airline has a commercial agreement with Air Canada that is the core of its business. Under the Capacity Purchase Agreement (CPA), Air Canada currently purchases substantially all of Jazz's fleet capacity based on predetermined rates. The CPA provides commercial flexibility, low trip costs and connecting network traffic to Air Canada. Also, the CPA significantly reduces Jazz's financial and business risks, and provides a stable foundation for day-to-day operations and future growth.

For further information: Media: Manon Stuart, (902) 873-5054, Halifax, Nova Scotia; Debra Williams, (519) 457-8071, London, Ontario; www.flyjazz.ca

Key Contacts
Chorus Aviation Inc.               Transfer Agent:
3 Spectacle Lake Drive       Nathalie Megann       AST Trust Company (Canada)
Suite 100       Vice President, Investor Relations and Corporate Affairs       PO Box 2082, Station C
Dartmouth, NS B3B 1W8       (902) 873-5094       Halifax, NS B3J 3B7
(902) 873-5000       nathalie.megann@chorusaviation.com       1-800-387-0825
investorsinfo@chorusaviation.com               inquiries@astfinancial.com
© Copyright 2019 Chorus Aviation