HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Chorus Aviation Fleet Details and History.

About Chorus Aviation Capital Established in 2017, Chorus Aviation Capital currently has relationships with 16 airlines based in 15 countries. ‘Aeromexico Connect’), a subsidiary of Aerovías de México, S.A. de C.V. (d.b.a. We share highlights from Airshow London SkyDrive 2020, fly along with the Waterloo Warbirds in a formation clinic, and get the lowdown on Vans RV aircraft, Chorus Aviation, and Spidertracks. HALIFAX, Jan. 13, 2020 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today that Chorus Aviation Capital ('CAC') added a total of 34 aircraft on-lease in 2019. “In the three short years since the establishment of CAC, we have grown the third-party leasing portfolio to 641 aircraft valued at approximately US$1.3 billion with US$960 million in future contract lease revenue.”. You can change your choices at any time by visiting Your Privacy Controls. “We clearly believe there’s a tremendous dynamic there, if you will–an opportunity that’s open for us at this time,” said Ridolfi. ‘Aeromexico’), on three Embraer 190 aircraft previously acquired in 2017. ‘Aeromexico Connect’), a subsidiary of Aerovías de México, S.A. de C.V. (d.b.a. Fleet List . Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those indicated in the forward-looking information. Chorus disclaims any intention or obligation to update or revise such statements to reflect new information, subsequent events or otherwise, unless required by applicable securities laws. Chorus Aviation Capital has delivered and leased three Bombardier CRJ1000 aircraft to Air Nostrum, with a fourth to be delivered and leased in the third quarter of this year. Year-end, and previously unannounced transactions, include the acquisition of two mid-life Dash 8-400 aircraft (MSNs 4300 and 4301) on lease to Croatia Airlines, and an additional sale leaseback of two new ATR 72-600 aircraft (MSNs 1545 and 1552) with IndiGo. In February 2011, Chorus reported that revenues had improved and that it had invested in the Uruguayan airline Pluna.

With this strong market performance, CAC’s third-party lease portfolio has now reached 641 aircraft. The international leasing program provides aircraft operating leases to airlines like Spain’s Air Nostrum, the United Kingdom’s Flybe, and Virgin Australia Airlines. With this strong market performance, CAC’s third-party lease portfolio has now reached 641 aircraft.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those indicated in the forward-looking information. Statements containing forward-looking information in this news release represent Chorus' expectations as of the date of this news release (or as of the date they are otherwise stated to be made) and are subject to change after such date. Chorus Aviation Capital was established on January 4, 2017 with the objective of developing Chorus’ aircraft leasing activity into a global business with a diverse customer base and fleet of regional jet and turbo-prop aircraft in the 70 to 150-seat range. This news release may contain ‘forward-looking information’.

Chorus Aviation ; Airline Full Name: Chorus Aviation Inc. Country: Canada: Fleet Size: 6 Aircraft : Average Fleet Age 1: 12.5 Years: Official Site: chorusaviation.ca: Last updated on Jun 05, 2020. It is mandatory to procure user consent prior to running these cookies on your website. More aircraft acquisitions are planned for the next six months, with a focus on the 70- to 120-seat market. Concludes year with additional leases to Croatia Airlines and IndiGo, and lease extensions to Aeromexico Connect Third-party committed leased fleet has now reached 64 1 aircraft. "In the three short years since the establishment of CAC, we have grown the third-party leasing portfolio to 641 aircraft valued at approximately US$1.3 billion with US$960 million in future contract lease revenue.". On February 8, 2019, Chorus Aviation agreed to purchase nine CRJ900 regional jets from Bombardier in a deal valued at US$437 million. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Sign up for free daily email updates from the aviation industry’s top news source. Year-end, and previously unannounced transactions, include the acquisition of two mid-life Dash 8- 400 aircraft (MSNs 4300 and 4301) on lease to Croatia Airlines, and an additional sale leaseback of two new ATR 72-600 aircraft (MSNs 1545 and 1552) with IndiGo. Chorus Aviation Capital Chorus Aviation was established on 4 January 2017 with the objective of developing Chorus Aviation’s aircraft leasing activity into a global business with a diverse customer base of regional aircraft operators around the world; and a fleet of regional jet and turboprop aircraft in the 70 to 135 seat range, manufactured by ATR, Bombardier and Embraer. Necessary cookies are absolutely essential for the website to function properly. Copyright 2020, Chorus Aviation, All Rights Reserved. Additionally, CAC has extended its lease agreements with Aerolitoral, S.A. de C.V. (d.b.a. Chorus provides a full suite of regional aviation support services that encompasses every stage of an aircraft’s lifecycle, including: aircraft acquisition and leasing, aircraft refurbishment, engineering, modification, repurposing and preparation, contract flying, aircraft and component maintenance, disassembly, and parts provisioning. Year-end, and previously unannounced transactions, include the acquisition of two mid-life Dash 8-400 aircraft (MSNs 4300 and 4301) on lease to Croatia Airlines, and an additional sale leaseback of two new ATR 72-600 aircraft (MSNs 1545 and 1552) with IndiGo. On January 4, 2017, Chorus Aviation launched Chorus Aviation Capital (CAC) with the objective of developing Chorus’ aircraft leasing activity into a global business with a diverse customer base and fleet of regional jet and turbo-prop aircraft in the 70 to 135-seat range. Headquartered in Halifax, Nova Scotia, Chorus was incorporated on September 27, 2010. Chorus Aviation is a Canadian holding company which owns regional airlines Jazz Aviation LP and Voyageur Airways as well as lessor Chorus Aviation Capital. Statements containing forward-looking information in this news release represent Chorus’ expectations as of the date of this news release (or as of the date they are otherwise stated to be made) and are subject to change after such date. “We are delighted with the confidence that our customers have shown in us in 2019. Under the CPA, Chorus leases 39 regional aircraft to Air Canada and also provides pilots, maintenance and flying services. Forward-looking information is identified by the use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "potential", "pending", "project", "will", "would", and similar terms and phrases. Concludes year with additional leases to Croatia Airlines and IndiGo, and lease extensions to Aeromexico Connect, Third-party committed leased fleet has now reached 641 aircraft. As we continue to deliver on our growth strategy, our approach remains to conservatively and profitably build our leasing business.”, newsroom for the latest airline market intelligence, Avion Express reached record production results in 2019, Emirates SkyCargo poised to support global trade in 2020.

HALIFAX, Jan. 13, 2020 /CNW/ – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) announced today that Chorus Aviation Capital (‘CAC’) added a total of 34 aircraft on-lease in 2019. “Trading aircraft, securing lease extensions, and penetrating new markets further demonstrates the capabilities of our maturing aircraft leasing business.

Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Concludes year with additional leases to Croatia Airlines and IndiGo, and lease extensions to Aeromexico Connect Third-party committed leased fleet has now reached 64 aircraft HALIFAX, January 13, 2020 – Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today that Chorus Aviation Capital (‘CAC’) added a total of 34 aircraft on-lease in The company has also acquired six ATR 72-600 turboprops, with three on lease to Flybe and three on lease to Virgin Australia. Yahoo is part of Verizon Media. "We are pleased with the very positive momentum and the achievement of these important milestones," commented Joe Randell, President and Chief Executive Officer, Chorus. "We are delighted with the confidence that our customers have shown in us in 2019. Actual results may differ materially from results indicated in forward-looking information for a number of reasons, including the failure to close the transactions referenced in this news release on the terms and conditions currently contemplated by Chorus, or at all, as well the risk factors identified in Chorus' Annual Information Form dated February 21, 2019 and in Chorus' public disclosure record available at www.sedar.com. Chorus brings not only experience in regional aviation, but also expertise in specialized engineering and maintenance through Voyageur Aviation Corp., a multifaceted air operator and aviation services provider Chorus acquired in 2015. Headquartered in Halifax, Nova Scotia, Chorus comprise Chorus Aviation Capital a leading, global lessor of regional aircraft, and Jazz Aviation and Voyageur Aviation, companies that have long histories of safe operations with excellent customer service. Actual results may differ materially from results indicated in forward-looking information for a number of reasons, including the failure to close the transactions referenced in this news release on the terms and conditions currently contemplated by Chorus, or at all, as well the risk factors identified in Chorus’ Annual Information Form dated February 21, 2019 and in Chorus’ public disclosure record available at www.sedar.com. We secured a US$300.0 million warehouse facility, traded our first portfolio aircraft with the previously announced sale of three Dash 8-400 Falcon aircraft, and extended our first leases with the renewal of the three Aeromexico Connect E190 aircraft. Airlines really need this capacity.”, Ridolfi cited a shift toward operating leases from regional airlines that have been historically dependent upon debt financing. Download a PDF or view a flipbook online now. Receive monthly editions of our print magazine right to your door.

1 Figure includes four lease commitments for aircraft anticipated to be delivered in 2020. Our strong focus on execution resulted in a significant expansion of our portfolio and the achievement of several significant milestones in the advancement of our leasing company,” said Steve Ridolfi, President, Chorus Aviation Capital.