Bernie Baldwin reports on how Chorus Aviation, born out of regional carrier Jazz Air, employed a threepronged attack to become a leading provider of airline operations and services.
When a company is named one of ‘Canada’s Top Employers for Young People’ for the sixth year in succession, one can only conclude it has to be doing something right. Such is the honour that has recently been bestowed upon Chorus Aviation’s subsidiary, Jazz Aviation, which is best known for providing regional air services under the Air Canada Express brand.
If accolades weren’t enough, Chorus Aviation backed them up with solid financial figures for 2017. The annual net income was Can$166.3m (including an unrealised foreign exchange gain of Can$60.9m) and with adjustments that came in at Can$114.5m.
A Good Foundation
“I’m very pleased with the significant progress made in 2017 towards our vision of delivering regional aviation to the world,” remarked Joe Randell, President and Chief Executive Officer of Chorus Aviation. “From a financial point of view, our contract flying as well as maintenance, repair and overhaul businesses performed according to our expectations and contributed to increases in all key financial metrics.”
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