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Air Canada and Chorus Aviation Comment on Air Canada's Bridging Agreement for Additional Regional Capacity
Air Canada and Chorus Aviation Comment on Air Canada's Bridging Agreement for Additional Regional...
About this update from Chorus Aviation Inc.
[{"type":"text","content":"\n \n \n \n Air Canada and Chorus Aviation Comment on Air Canada's Bridging Agreement for Additional Regional Capacity\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n and\n \n HALIFAX, NS\n \n \n ,\n \n \n May 30, 2023\n \n \n /CNW/ - Air Canada (TSX: AC) and Chorus Aviation Inc. (TSX: CHR) (\"Chorus\"), parent company of Jazz Aviation LP (\"Jazz\"), are providing comment on Air Canada's arrangement for additional flying capacity with another airline for up to six De Havilland Canada DHC-8 aircraft.\n \n \n \"Jazz is our long-term Air Canada Express partner, and we are working together to increase flying activity within the framework of our existing CPA given the current, industry wide pilot situation.  As these efforts continue, and to help meet the needs and expectations of the travelling public, Air Canada has entered into a bridging arrangement with another airline to provide additional regional capacity on select routes in eastern\n \n Canada\n \n ,\" said Mr.\n \n Michael Rousseau\n \n , President and Chief Executive Officer of Air Canada.\n \n \n \"Chorus understands that Air Canada is increasing capacity to meet travel demand and that the addition of these aircraft is a bridging solution. We confirm that this agreement does not impact Chorus financially,\" said Mr.\n \n Colin Copp\n \n , President and Chief Executive Officer of Chorus.\n \n \n \n Caution Regarding Forward-Looking Information\n \n \n \n This news release may include forward-looking information within the meaning of applicable securities laws. Forward-looking information, by its nature, is based on assumptions and is subject to important risks and uncertainties. Forward-looking information cannot be relied upon due to, among other things, changing external events and general uncertainties of the business. Actual results may differ materially from results indicated in forward-looking information due to a number of factors, including the risk factors described in Air Canada's and Chorus' respective public disclosure records ...