Chorus Aviation delivers fourth CRJ1000 aircraft to Air Nostrum and completes acquisition of an Embraer 190 aircraft on lease to Aeromexico Connect
Sep 28, 2017
HALIFAX, Sept. 28, 2017 /CNW/ - Chorus Aviation Inc. ("Chorus") (TSX: CHR) announced today the delivery of a fourth new Bombardier CRJ1000 regional jet on long-term lease to Air Nostrum, Lineas Aereas Del Mediterraneo, S.A. ('Air Nostrum'). On November 9, 2016, Chorus announced plans to purchase and lease four new CRJ1000 regional jets to Air Nostrum.
Chorus also announced today that a Chorus Aviation Capital subsidiary had completed the acquisition of an Embraer 190 aircraft currently on lease to Aerolitoral, S.A. de C.V. ('Aeromexico Connect'). This acquisition agreement was previously announced on July 17, 2017.
"We are pleased to place a fourth CRJ1000 with Air Nostrum, and delighted to welcome Aeromexico Connect to our growing pool of airline lessees," commented Steven Ridolfi, President, Chorus Aviation Capital. "We now have relationships with seven well-established, major regional airlines in seven countries and are well on our way to building a leading global regional aircraft leasing company."
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.
For further information: Chorus Media Contacts: Manon Stuart, Halifax, NS, (902) 873-5054, email@example.com, Debra Williams, Toronto, ON, (905) 671-7769, firstname.lastname@example.org, Analyst Contact: Nathalie Megann, Halifax, NS, (902) 873-5094, email@example.com