Canada NewsWire
HALIFAX, July 20, 2018
HALIFAX, July 20, 2018 /CNW/ - Chorus Aviation Inc.
('Chorus') (TSX: CHR) today announced a monthly dividend of $0.04 per Class A and Class B share
payable on or after August 17, 2018 to shareholders of record at the close of business on
July 31, 2018. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.
Effective February 1, 2018 Chorus implemented a Dividend Reinvestment Plan ('DRIP') that allows
Chorus to offer a discount of up to 5% from the average market price for shares purchased under the DRIP. Chorus is currently
offering a discount of 4%.
The DRIP provides shareholders who are resident in Canada the opportunity to purchase
additional Chorus shares using cash dividends paid on shares enrolled in the DRIP. Some of the benefits of participating in the
DRIP include the current discount of 4%, the convenience of automatic reinvestment, savings from not having to pay brokerage fees
or other service charges for shares purchased under the DRIP, and the ability to acquire fractional shares. Details are provided
in the Investor Relations section of Chorus' website at http://chorusaviation.ca/dividend-reinvestment-plan.
About Chorus
Headquartered in Halifax, Nova Scotia, Chorus was incorporated on September 27, 2010. Chorus' vision is to deliver regional aviation to the world. Chorus has been leasing
its owned regional aircraft into Jazz's Air Canada Express operation since 2009, and has established Chorus Aviation Capital
Corp. to become a leading, global provider of regional aircraft leases and support services. Chorus 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. Chorus Class
A Variable Voting Shares and Class B Voting Shares trade on the Toronto Stock Exchange under the trading symbol 'CHR'.
www.chorusaviation.ca
SOURCE Chorus Aviation Inc.
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