HALIFAX,
June 18, 2014 /CNW/ - Chorus Aviation
Inc. ("Chorus") (TSX: CHR.B CHR.A CHR.DB) today
announced a quarterly dividend of $0.1125 per Class A and Class B share payable on
or after July 17, 2014 to
shareholders of record at the close of business on June 30, 2014. These dividends qualify as
eligible dividends in Canada and
qualifying dividends in the United
States.
About Chorus
Headquartered in Halifax, Nova Scotia, Chorus was incorporated
on September 27, 2010 and is a
dividend-paying holding company which owns Jazz Aviation LP and a
number of other companies involved in aviation related
businesses.
About Jazz
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. As the largest regional airline in
Canada, Jazz has a proven track
record of industry leadership and exceptional customer service, and
has leveraged that strength to deliver value to all its
stakeholders. The Company operates more flights and flies to more
Canadian destinations than any other airline, and currently has a
workforce of approximately 4,760 professionals highly experienced
in the challenging and complex nature of regional operations. Jazz
employees are an integral part of communities across our nation
with 20% of our workforce based in Atlantic Canada, 46% based in Central Canada, 33% based in Western Canada, and 1% in Northern Canada.
Under a capacity purchase agreement with Air
Canada, using the Air Canada Express brand, 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. In June of 2014
Jazz is operating scheduled passenger service on behalf of Air
Canada with approximately 770 departures per weekday to 53
destinations in Canada and to 18
destinations in the United States.
With a fleet of 122 Canadian-made Bombardier aircraft, Jazz flies
more daily flights to more Canadian destinations than any other
airline.
Under the Jazz brand, the airline offers
charters throughout North America
with a dedicated fleet of three 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.
For more information, visit www.flyjazz.ca.
SOURCE Chorus Aviation Inc.