Chorus Aviation
| Public | |
| Traded as | TSX: CHR.A, CHR.B |
| Website | chorusaviation |
Chorus Aviation is a Canadian holding company which has controlled regional and charter airline operator Jazz Aviation LP from 31 December 2010.[1][2][3] 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.[4][5]
In February 2011, Chorus reported that revenues had improved, and that it had invested in the Uruguayan airline Pluna.[6] 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.
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