Chorus Aviation announces revenues of C$1.4 billion for 2019

Lessor and owner of Canadian carrier Jazz Air, Chorus Aviation announced it had achieved revenues of  C$1.4 billion for 2019This marked an  adjusted EBITDA of $88.6 million, a small decrease of $3.4 million on the previous 12-month period, despite the firm increasing its committed leased fleet to 64 aircraft, representing growth of 60% year-over-year.Chorus added  new aircraft type through a sale leaseback transaction with Air Baltic for five new Airbus A220-300s., and also Croatia Airlines became as a new airline customer to the  firm’s leasing portfolio.In a statemen, Chorus said that it had also  extended three aircraft lease agreements with Aeromexico Connect and completed an additional sale