Chorus announced it is the target of a takeover offer by an unnamed group. Shares jumped 34% Friday on the news.
Passengers ignored instructions after the tanker collided with the plane, increasing the sense of panic and leading to unnecessary injuries.
Advertisements Chorus reports a $29 million profit in the second quarter as regional aviation begins a slow recovery Halifax-based Chorus Aviation has turned a profit despite the pandemic hammering the world’s airlines. […]
Halifax-based Chorus predicted Friday that regional flying will lead the recovery from the pandemic, and believe their fleet of turboprops and regional jets is well placed to take advantage of opportunities.
Halifax-based Chorus Aviation has adopted a poison pill to prevent a hostile takeover while its share price is depressed by COVID-19.
Crippled by the drop off in passenger demand due to the COVID-19 pandemic, Canadian regional carrier Jazz Aviation will convert De Havilland Dash 8-400s to carry packages instead of people.