Chorus Aviation’s 2010 profit increases to C$125.8 million

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.

Air Canada Jazz (Chorus Aviation) Route Map: