HALIFAX, September 21, 2020 – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) announced today the delivery of a new Airbus A220-300 aircraft to airBaltic of Latvia. The aircraft (MSN 55086) is the third of five units to be placed on long-term lease with the airline through a committed sale and leaseback transaction. The two remaining aircraft are expected to be delivered later this year.
airBaltic has safely resumed and expanded its services following the pandemic crisis and is now connecting 35 European destinations to its Riga hub. “The recent crisis enabled us to push forward our decision to introduce an Airbus A220-300 single type fleet. It allows us to minimize complexity and benefit from the additional efficiency provided by the aircraft. With a partner like Chorus Aviation, we will continue our growth and add additional jets in the future,” said Martin Gauss, President and Chief Executive Officer, airBaltic.
“We’re very encouraged and pleased to help support airBaltic’s resumption and expansion of services across Europe,” stated Joe Randell, President and Chief Executive Officer, Chorus. “The A220 is leading the pack of aircraft returning to the skies as operators around the world slowly begin to resume flight operations. This state-of-the-art, Canadian-built aircraft has the right economics and passenger appeal to help operators recover from the negative effects caused by the COVID-19 pandemic.”