HALIFAX, NS, Dec. 31, 2024 – Chorus Aviation Inc. (TSX: CHR) (“Chorus“) announced the full repayment of its outstanding 5.75% Senior Unsecured Debentures, totaling C$86,250,000 in principal, due December 31, 2024 (the “Series A Debentures“), along with all accrued interest. These debentures have been delisted from the Toronto Stock Exchange.

Chorus also completed the redemption of all outstanding Series 1 Preferred Shares. The redemption cost US$363,270,833 and was paid in cash. These shares were not publicly traded.

Chorus, a Canadian aviation services company, operates through three subsidiaries: Jazz Aviation, Canada’s largest regional airline operating under the Air Canada Express brand; Voyageur Aviation, a provider of specialty charter services, aircraft modifications, parts, and support; and Cygnet Aviation Academy, a leading pilot training academy. Chorus’ services cover the entire aircraft lifecycle, including acquisition and leasing; refurbishment, engineering, modification, and repurposing; contract flying; maintenance; and pilot training.

Chorus Class A Variable Voting Shares and Class B Voting Shares trade on the Toronto Stock Exchange as ‘CHR’. Its 6.00% Convertible Senior Unsecured Debentures due June 30, 2026 and 5.75% Senior Unsecured Debentures due June 30, 2027 trade under ‘CHR.DB.B’ and ‘CHR.DB.C’ respectively. For more information, please visit w.

SOURCE Chorus Aviation Inc.