chorus aviation investor relations

CEO Message. Distributions History – 2010 (former Jazz Air Income Fund) Cost Competitiveness. Vision and Values.

Chorus is working with its main customer and partner, Air Canada, which has implemented a second quarter network-wide capacity reduction of approximately 85% to 90%. Headquartered in Halifax, Nova Scotia, Chorus comprises Chorus Aviation Capital, a leading, global lessor of regional aircraft, and Jazz Aviation and Voyageur Aviation, companies that have long histories of safe operations with excellent customer service. Home > Investor Relations. Each... May 14, 2020. Contact Us. Highlights. Corporate Overview. Adjusted EBITDA should not be used as an exclusive measure of cash flow because it does not account for the impact of working capital growth, capital expenditures, debt repayments and other sources and uses of cash, which are disclosed in the statements of cash flows, forming part of Chorus' financial statements.This news release may contain 'forward-looking information'. Chorus provides a full suite of regional aviation support services that encompasses every stage of an aircraft’s lifecycle, including: aircraft acquisitions and leasing; aircraft refurbishment, engineering, modification, repurposing and preparation; contract flying; aircraft and component maintenance, disassembly, and parts provisioning. We have initiated several cost reduction measures, including capital expenditure reductions and deferrals, the temporary furlough of over 3,000 employees, and compensation reductions for our management, administrative employees and board of directors. The full duration and impact of this pandemic are unknown. She takes over the position from Denis Jasmin, vice president of IR at SNC-Lavalin, who has completed his two-year term. The period of relief most commonly spans three to six months with repayment terms between six and 24 months. Jazz applied for the In accordance with the CPA, the fixed margin does not vary with the number of aircraft and is fixed for 2020 based on agreed annual amounts.Chorus estimates the Controllable Cost Guardrail receivable from Air Canada under the CPA could increase between Due to the shutdown of its production line, Bombardier notified Chorus of a delay in the production of its order of nine CRJ900s that were originally scheduled for delivery in 2020. Examples of forward-looking information in this news release include the discussion in the Outlook section, statements concerning future contracted lease revenues, discussion throughout this news release regarding the future growth prospects of Chorus' business, and references to transactions which have not yet been completed. It operates through the Regional Aviation Services and Regional Aircraft Leasing segments. Email Alert Sign-up. Management believes Adjusted EBITDA assists investors in comparing Chorus' performance by excluding items, which it does not believe will re-occur over the longer-term (such as signing bonuses, employee separation program costs and strategic advisory fees) as well as items that are non-cash in nature such as foreign exchange gains and losses. Legal - Privacy 2019 Report. Sustainability. Voyageur is engaged in specialty contract flying, primarily for international organizations engaged in humanitarian missions, specialty MRO and parts sales. Careers; Home > Investors > Stock Information. Copyright © 2020 MarketWatch, Inc. All rights reserved. The company will continue to build on this momentum and to improve upon its commitments to be an exemplary corporate citizen and an employer of choice. These non-GAAP measures are generally numerical measures of a company's financial performance, financial position or cash flows, that include or exclude amounts from the most comparable GAAP measure. Chorus has been leasing its owned regional aircraft into Jazz's Air Canada Express operation since 2011 and has established Chorus Aviation Capital Corp. to become a leading, global provider of regional aircraft leases.

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