Chorus Aviation has announced the planned sale of three Dash 8-400 aircraft and the completion of its acquisition of Elisen & Associates Inc.
The Canadian aviation group confirmed that it has entered into an agreement to sell the three Dash 8-400s, a regional turboprop aircraft long associated with its Jazz Aviation operations. The transactions are expected to generate net proceeds of approximately US$20 million. Subject to customary closing conditions, the sales are anticipated to conclude by the end of 2025, aligning with the aircraft’s scheduled departure from the fleet under the capacity purchase agreement between Jazz Aviation and Air Canada.
This divestment reflects Chorus’s continuing efforts to optimise its fleet strategy and capital structure, while maintaining flexibility in response to evolving market conditions. The Dash 8-400 has been a mainstay of regional services across Canada, and the decision to sell forms part of a broader transition as Chorus adapts to long-term operational needs.
In parallel, the company confirmed it has finalised the previously-announced acquisition of Elisen & Associates Inc. The deal, now officially completed, is intended to strengthen Chorus’s service capabilities and expand its portfolio. While detailed terms were not disclosed, Chorus highlighted the acquisition as a strategic step designed to diversify its revenue base and enhance shareholder value.
Commenting on the announcements, Chorus emphasised its commitment to disciplined financial management and long-term growth. The combined impact of the fleet transaction and the Elisen acquisition underscores the company’s dual focus on streamlining operations while broadening service offerings in the competitive regional aviation market.
