HALIFAX, NS, Sept. 4, 2025 /CNW/ – Chorus Aviation Inc. (“Chorus”) (TSX: CHR) today announced it has entered into an agreement to sell three Dash 8-400 aircraft and has closed the previously-announced acquisition of Elisen & Associates Inc.

Chorus expects to realize net proceeds of approximately US $20 million from the sale of the three Dash 8-400 aircraft. Subject to customary conditions to closing, the sales are expected to close by the end of this year as each of the aircraft exits the fleet in accordance with the Capacity Purchase Agreement between Jazz Aviation LP and Air Canada.

About Chorus Aviation Inc.

Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines; and Elisen & Associates, a leading provider of aerospace engineering and certification services. Together, Chorus’ subsidiaries provide services that encompass every stage of an aircraft’s lifecycle, including: contract flying; aircraft refurbishment, engineering and certification services, modification, repurposing and transition; contract flying; aircraft and component maintenance, disassembly, and parts provisioning; aircraft acquisition and leasing; and pilot training.