Chorus Aviation’s 2010 profit increases to C$125.8 million
February 9, 2011 — Air Canada Jazz, Jazz Air
Air Canada Jazz (Jazz Air) Bombardier CRJ100 (CL-600-2B19) C-FSJJ (msn 7058) IAD (Brian McDonough), originally uploaded by Airliners Gallery.
Chorus Aviation Inc. (Halifax), formerly Jazz Air Income Fund, announced its fourth quarter and year end 2010 financial results.
The company reported net income of C$84.6 million for the fourth quarter.
For the full year 2010, net income was C$125.8 million.
The company recently finalized a purchase agreement for 15 Bombardier Q400 NextGen aircraft with Bombardier, and an agreement with Air Canada for Chorus Aviation Inc. to acquire and lease these aircraft to Jazz Aviation LP (Jazz Air).
Copyright Photo: Brian McDonough. Please click on photo for additional details.
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