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Chorus Aviation Up As Moves To Sell Three Dash 8-400 Aircraft and Closes Elisen Acquisition
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Chorus Aviation Up As Moves To Sell Three Dash 8-400 Aircraft and Closes Elisen Acquisition
Sep 4, 2025 10:51 AM

01:32 PM EDT, 09/04/2025 (MT Newswires) -- Chorus Aviation ( CHRRF ) was at last look up 0.4% in mid-afternoon Thursday trade as it agreed to sell three Dash 8-400 aircraft, and closed the previously-announced acquisition of Elisen & Associates.

The company expects to realize net proceeds of about US$20 million from the sale of the three aircraft.

Chorus said 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 ( ACDVF ) .

Shares of the company were last seen up 0.4% at $20.34 on the Toronto Stock Exchange.

Price: 20.34, Change: +0.09, Percent Change: +0.44

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