Delivering regional aircraft to the world
NORTH BAY, ON, Sept. 27, 2018 /CNW/ - Chorus Aviation Inc.
('Chorus') (TSX: CHR) announced today that its subsidiary, Voyageur Aviation Corp., has expanded its product offerings with the
acquisition of a Q400 aircraft for their Voyageur Avparts division. Disassembly is scheduled for early November 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,"
said Scott Tapson, President of Voyageur Aviation Corp. "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, and 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," said Joe
Randell, President, Chorus Aviation Inc.
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 Voyageur Aviation Corp.
Voyageur Aviation Corp. is a wholly-owned subsidiary of Chorus Aviation Inc. (TSX: CHR), a company whose vision is to deliver
regional aviation to the world.
Voyageur Aviation Corp. is the parent company of Voyageur Airways Limited, Voyageur Aerotech Inc., and Voyageur Avparts
Inc. Voyageur Aviation Corp. manages these entities under the same core principles of comprehensive safety management,
quality assurance, and client-dedicated solutions.
Voyageur Airways Limited: Established in 1968, Voyageur Airways is a Canadian Air Operator specializing in ad-hoc
or contract-based aircraft charter services and aircraft leasing. Voyageur Airways' operations are worldwide, often in remote and
challenging environments.
Voyageur Aerotech Inc.: Voyageur Aerotech Inc. is a Canadian Approved Maintenance Organization (AMO). Voyageur Aerotech
provides a multitude of aircraft maintenance, manufacturing and engineering related services.
Voyageur Avparts Inc.: Voyageur Avparts Inc. is a Canadian company providing a multitude of regional aircraft supply chain
services.
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 established Chorus Aviation Capital 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
Forward-Looking Information
This news release contains 'forward-looking information'. Forward-looking information is identified by the use of terms and
phrases such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "potential",
"project", "will", "would", and similar terms and phrases, including references to assumptions. 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 expressed in the forward-looking information. Results indicated in forward-looking information may
also differ materially from actual results for a number of reasons, including those described in Chorus' Annual Information Form
dated February 14, 2018 and Management's Discussion and Analysis of Results of Operations and
Financial Condition dated February 14, 2018. Statements containing forward-looking information in
this news release are made as of the date of this news release and Chorus does not undertake any obligation to publicly update
such statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws.
SOURCE Chorus Aviation Inc.
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