Chorus Aviation Announces Acquisition of Nine New Bombardier CRJ900 Aircraft

HALIFAX, February 6, 2019 – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) today announced that it has entered into a firm purchase agreement with Bombardier Commercial Aircraft to acquire nine CRJ900 regional jet aircraft. These aircraft will be operated by its subsidiary, Jazz Aviation LP (‘Jazz’), under the Air Canada Express brand as per Jazz’s Capacity Purchase Agreement (‘CPA’) with Air Canada. The nine aircraft will be delivered in 2020.

“The addition of these new CRJ900 aircraft is a significant step in modernizing the Jazz fleet with larger aircraft while supporting the continued growth of our leasing revenue,” said Joseph Randell, President and Chief Executive Officer, Chorus. “The economics of this aircraft will enhance our competitive position and our ability to more effectively respond to the needs of our customer and changing market demand.”

“We are delighted that Chorus and Jazz have chosen Bombardier products for the growth and renewal of their fleet. It reaffirms their confidence in the value that the CRJ provides to airlines, said Fred Cromer, President, Bombardier Commercial Aircraft. The CRJ900 aircraft is ideally suited to growing markets and is recognized for its superior performance, economics and passenger comfort.”

These nine 76-seat aircraft will be configured in two classes of service with 12 seats in business class and 64 seats in economy class, including 20 preferred economy seats.

The new aircraft will be equipped with Bombardier’s new ATMOSPHÈRE cabin featuring a larger passenger living space, increased overhead bin capacity, more spacious lavatories, and overall improved aesthetic details to enhance the passenger experience.