Chorus Aviation Announces First Quarter 2021 Financial Results
Q1 2021 Key Metrics Net loss of $38.1 million, or $0.24 per basic share; a period-over-period decrease of $20.8 million due to one-time restructuring costs related to the 2021 capacity purchase agreement (‘CPA’) amendments of $81.8 million as outlined below, offset by the changes in unrealized foreign exchange of $45.4 million and income taxes. Adjusted net income1 of $15.7 million, or $0.10 per basic share; a decrease of $8.1 […]
Chorus Aviation announces aircraft leasing transaction with Cobham Aviation Services
A global provider of integrated regional aviation solutions HALIFAX, NS, April 14, 2021 /CNW/ – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) announced today that Chorus Aviation Capital (‘CAC’) has leased one Dash 8-400 aircraft (MSN 4224) to National Jet Express, a subsidiary of Cobham Aviation Services (‘Cobham’). “We are very pleased to welcome Cobham to our family of lessees,” said Steven […]
Chorus Aviation announces aircraft leasing transaction with Sky Alps
Delivering regional aviation to the world HALIFAX, NS, April 12, 2021 /CNW/ – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) announced today that Chorus Aviation Capital (‘CAC’) has entered into agreements to lease two Dash 8-400 aircraft to Sky Alps of Bolzano, Italy. CAC expects to deliver the aircraft (MSNs 4230 and 4237) in April and May 2021. “We are delighted […]
Air Baltic’s all-A220 fleet to help it ‘fly out’ of crisis: chief
From Flight Global – link to source story By Cirium | 24 March 2021 Air Baltic chief executive Martin Gauss has reaffirmed the carrier’s commitment to an IPO, and expressed confidence that its strategy to become an all-Airbus A220 operator makes it “well-positioned” to emerge from the Covid-19 crisis. The airline has also announced that it […]
De Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
From Flight Global – link to source story By David Kaminski-Morrow | 7 March 2021 Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the […]
PAL Aerospace and De Havilland Canada Announce MOU to Develop Dash 8 P-4 Special Mission Aircraft
ST. JOHN’S, NL and TORONTO, ON, Feb. 25, 2021 /CNW/ – PAL Aerospace and De Havilland Aircraft of Canada Limited (“De Havilland Canada”) today announced the establishment of a Memorandum of Understanding (“MOU”) to jointly pursue the development of a fully missionized Dash 8-400 aircraft, called the “Dash 8 P-4” for maritime patrol (“MPA”), intelligence, surveillance and reconnaissance (“ISR”), as well […]
De Havilland Canada Delivers Dash 8-400 Aircraft to Biman Bangladesh Airlines
Dash 8-400 aircraft continue to increase the overall network efficiency of the national airline’s fleet TORONTO, Nov. 23, 2020 /CNW/ – De Havilland Aircraft of Canada Limited (“De Havilland Canada”) has delivered the first of three new Dash 8-400 aircraft ordered by Biman Bangladesh Airlines Ltd. (“Biman”) and the aircraft is enroute to Bangladesh. The aircraft were ordered […]
Brand new Dash 8-400 aircraft to be added to Biman fleet Nov 24
From The Daily Star – link to source story A brand new Dash 8-400 aircraft is going to be added to the fleet of Biman Bangladesh Airlines on November 24. Photo courtesy: Biman Bangladesh Airlines Star Online Report ~ November 22, 2020 A brand new Dash 8-400 aircraft is going to be added to the […]
De Havilland Canada Delivers Two Dash 8-400 Aircraft to Ethiopian Airlines
The deliveries include the airline’s milestone 30th Dash 8-400 aircraft The Ethiopian flag carrier and its strategic airline partners continue to showcase the outstanding operational performance of the Dash 8 aircraft across Africa TORONTO, Oct. 23, 2020 /CNW/ – De Havilland Aircraft of Canada Limited (“De Havilland Canada”) announces the delivery of another two Dash 8-400 aircraft to Ethiopian […]
De Havilland Canada Dash 8-400 Turboprop Becomes First Regional Aircraft Recertified to Meet ICAO’s Most Stringent Noise Standards
The recertification is a testament to the Dash 8-400 aircraft’s low community noise footprint during take-off and landing Operators will have no need to re-fleet or re-engine in order to meet ICAO Chapter 14 requirements TORONTO, Sept. 1, 2020 /CNW/ – De Havilland Aircraft of Canada Limited (“De Havilland Canada”) announced today that the Dash 8-400 turboprop aircraft […]