HALIFAX, Sept. 19, 2012 /CNW/ - Chorus Aviation Inc.
("Chorus") (TSX: CHR.B CHR.A CHR.DB) today announced
a quarterly dividend of $0.15 per
Class A and Class B share payable on or after October 17, 2012 to shareholders of record at the
close of business on September 28,
2012. These dividends qualify as eligible dividends in
Canada and qualifying dividends in
the United States.
About Chorus Aviation Inc.
Chorus Aviation Inc. ("Chorus") was incorporated on September 27, 2010 and is a dividend-paying
holding company which owns Jazz Aviation LP, Chorus Leasing I Inc.,
Chorus Leasing II Inc. and Chorus Leasing III Inc. (which own Q400
aircraft) and 7503695 Canada Inc.
About Jazz Aviation LP
Jazz Aviation LP has a strong history in Canadian aviation with
its roots going back to the 1930s. Jazz is wholly owned by Chorus
Aviation Inc. and continues to generate some of the strongest
operational and financial results in the North American aviation
industry.
There are two airline divisions operated by Jazz Aviation LP:
Air Canada Express and Jazz.
Air Canada Express: Under a capacity purchase agreement with Air
Canada, Jazz provides service to and from lower-density markets as
well as higher-density markets at off-peak times throughout
Canada and to and from certain
destinations in the United States.
Jazz currently operates scheduled passenger service on behalf of
Air Canada with approximately 825 departures per weekday to 84
destinations in Canada and in
the United States with a fleet of
Canadian-made Bombardier aircraft.
Jazz: Under the Jazz brand, the airline offers charters
throughout North America with a
dedicated fleet of five Bombardier aircraft for corporate clients,
governments, special interest groups and individuals seeking more
convenience. Jazz also has the ability to offer airline
operators services such as ground handling, dispatching, flight
load planning, training and consulting.
SOURCE CHORUS AVIATION INC.
