Chorus Aviation

Chorus plans to sell its regional aviation leasing unit for C$1.9 billion ($1.37 billion) to affiliates of investment funds managed by HPS Investment Partners.

Though Jazz Aviation capacity remains constrained as pilots transition to mainline carriers, it is making steady progress in hiring and training.

Over 300 captain or captain-eligible pilots have transferred to Air Canada from Jazz Aviation over the past year, reports the regional airline’s parent Chorus.

Past attempts at scheduled services from Balzano have failed economically.