Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today the acquisition of two Embraer 195 aircraft which are currently on lease to Azul Linhas Aéreas Brasileiras S.A. ('Azul Brazilian Airlines'). The aircraft are four years old and constitute incremental additions to Chorus Aviation Capital's growing regional aircraft fleet.
"We're pleased to welcome Azul Brazilian Airlines to our growing list of high-quality lessees, as well as the addition of the Embraer 195 aircraft to our expanding fleet of regional aircraft," commented Steven Ridolfi, President, Chorus Aviation Capital.
"Chorus Aviation Capital is gaining momentum," said Joe Randell, President and Chief Executive Officer, Chorus. "In the last four months alone, Chorus Aviation Capital has acquired or signed purchase agreements for ATR-72-600s, Embraer 190s, Embraer 195s and CRJ1000s. We are executing strongly, adding highly desirable regional aircraft from the top three manufacturers while building relationships with some of the most reputable regional airlines in the world."