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Chorus Aviation Inc
Symbol CHR
Shares Issued 139,379,606
Close 2018-09-27 C$ 7.57
Market Cap C$ 1,055,103,617
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Chorus Aviation adds Q400 aircraft to product offerings

2018-09-27 15:07 ET - News Release

Mr. Joe Randell reports

VOYAGEUR AVPARTS ADDS Q400 INVENTORY

Chorus Aviation Inc.'s Voyageur Aviation Corp. has expanded its product offerings with the acquisition of a Q400 aircraft for its Voyageur Avparts division. Disassembly is scheduled for early November, 2018, and the inventory will be available to support Q400 operators worldwide.

"We are very pleased to acquire this Q400 aircraft, enabling us to expand the product line of our Voyageur Avparts division," commented Scott Tapson, president of Voyageur Aviation. "Just two years after it was established, Voyageur Avparts has experienced substantial growth and we look to further expand upon the products and services that we offer."

Voyageur Aviation has previously acquired Dash 8-100, Dash 8-300 and CRJ200 inventory to support regional operators; it now adds the Q400 aircraft to this product line.

"The ability to capitalize on the synergies between the Chorus group of companies and their respective areas of expertise sets us apart as an organization, as we can provide a full range of regional aviation services," commented Joe Randell, president of Chorus Aviation.

Established in 2016, Voyageur Avparts specializes in a wide range of regional aircraft supply chain services. Voyageur Avparts serves airlines, maintenance organizations, leasing companies and other aviation-related companies in the provisioning of aircraft parts, inventory management, inventory consignment services, component repair and overhaul, and aircraft disassembly management.

About Chorus Aviation Inc.

Headquartered in Halifax, N.S., Chorus was incorporated on Sept. 27, 2010. Chorus Aviation's vision is to deliver regional aviation to the world. Chorus Aviation has been leasing its owned regional aircraft into Jazz's Air Canada Express operation since 2009, and established Chorus Aviation Capital to become a leading, global provider of regional aircraft leases and support services. Chorus Aviation also 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.

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