01:01:19 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Chorus Aviation Inc
Symbol CHR
Shares Issued 193,873,204
Close 2023-11-15 C$ 2.39
Market Cap C$ 463,356,958
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Chorus Aviation lands contract to soup up gov't planes

2023-11-16 09:57 ET - News Release

Mr. Carl Kumpic reports

VOYAGEUR AVIATION CORP. AWARDED CONTRACT TO UPGRADE CANADA'S DEPARTMENT OF NATIONAL DEFENCE CT-142 FLEET

Chorus Aviation Inc.'s Voyageur Aviation Corp. has been awarded a contract with the Department of National Defence (DND) to provide several upgrades to its fleet of Dash 8-100 CT-142 aircraft.

The award of this project further strengthens Voyageur's portfolio on special-mission aircraft through innovative engineering services, heavy maintenance, parts and logistics support as well as aircraft operations.

The Department of National Defence, at 402 Squadron in Winnipeg, operates a fleet of four CT-142 aircraft for the purpose of training air combat systems officers and airborne electronic sensor operators. The modifications include upgrades to the communications, navigation, surveillance and air-traffic management avionics, as well as the replacement and integration of upgraded radar systems, including training.

"The award of this contract supports our growth strategy of developing defence programs related to special-mission aircraft services," said Carl Kumpic, vice-president, defence and government programs. "We are very pleased to support DND on the modifications and sustainment of this unique training fleet, which is an important training component for Canada's next generation of special-mission operators helping to ensure Canada's interests domestically and abroad."

About Chorus Aviation Inc.

Chorus is a leading, global aviation solutions provider and asset manager, focused on regional aviation. Chorus's principal subsidiaries are: Falko Regional Aircraft, the leading pure-play regional aircraft asset manager and lessor, managing investments on behalf of third party fund investors; Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; and Cygnet Aviation Academy, an industry-leading, accredited training academy preparing pilots for direct entry into airlines. Together, Chorus's subsidiaries provide services that encompass every stage of a regional aircraft's life cycle, including: aircraft acquisition and leasing; aircraft refurbishment, engineering, modification, repurposing and transition; contract flying; aircraft and component maintenance, disassembly and parts provisioning; and pilot training.

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