|Traded as||TSX: CHR|
Chorus Aviation is a Canadian holding company which has controlled regional and charter airline operator Jazz Aviation LP from 31 December 2010. These services normally operate under the brand names Air Canada Express and Jazz Charters. Ownership was previously held by an income fund called "Jazz Air Income Fund", but a restructuring was announced in October 2010. This is motivated by a change in Canadian tax laws which removes tax advantages for income funds; other income funds are being restructured in a similar way.
In February 2011, Chorus reported that revenues had improved, and that it had invested in the Uruguayan airline Pluna. After excessive losses, Pluna was shut down by the Uruguayan government on 5 July 2012, and Pluna's entire fleet was auctioned off on 1 October 2012.
- "Jazz Air plans to convert into holding corporation - thestar.com". The Star. Toronto. 2010-10-08. Retrieved 2010-10-12.
- "CBC News - Nova Scotia - Jazz Air plans conversion to corporation". 2010-10-08. Archived from the original on October 11, 2010. Retrieved 2010-10-12.
- "Jazz Air will be Chorus Aviation Inc. after conversion". Retrieved Tue Oct 12 2010 02:15:21 GMT+0100 (GMT Daylight Time). Check date values in:
- "UPDATE 1-Jazz Air to keep dividend payout in fund conversion". Reuters. 2010-10-08. Retrieved 2010-10-12.
- "Canadian regional Jazz to move to corporate structure". ATW Online. 2010-10-12. Retrieved 2010-10-12.
- "Chorus Aviation (formerly Jazz Air Income Fund) net jumps 35.8%". Retrieved 2011-03-27.