Investors
About Chorus
Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; and Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines. Together, Chorus’ subsidiaries provide services that encompass every stage of an aircraft’s lifecycle, including: contract flying, aircraft refurbishment, engineering, modification, repurposing and transition; aircraft and component maintenance, disassembly, and parts provisioning; aircraft acquisition and leasing; and pilot training.
Upcoming Events
August 6, 2025
Q2 2025 Earnings Conference Call
November 7, 2025
Q3 2025 Earnings Conference Call
February 12, 2026
Q4/Year-End 2025 Earnings Conference Call
Earnings Calendar
Q1 2025
Press Release: May 6, 2025
Earnings Call: May 7, 2025
Q2 2025
Press Release: August 5, 2025
Earnings Call: August 6, 2025
Q3 2025
Press Release: November 6, 2025
Conference Call: November 7, 2025
Q4/Year-end 2025
Press Release: February 11, 2026
Conference Call: February 12, 2026
Stock Quote
The stock information provided is for informational purposes only and is not intended for trading purposes. The stock information and charts are provided by Quotemedia, a third party service, and Chorus does not provide information to this service.
Dividend
On June 25, 2025, Chorus announced the initiation of a quarterly dividend of $0.08 per Class A Variable Voting Share and Class B Voting Share (the “Shares”). The first dividend is payable on August 15, 2025 to shareholders of record at the close of business on July 31, 2025. Chorus intends to declare future quarterly dividends of $0.08 per Share concurrent with the announcement of its quarterly earnings reports, starting with the 2025 third quarter earnings release scheduled to occur on November 6, 2025. All dividends are subject to the approval of Chorus’ board of directors.
Dividends paid by Chorus qualify as eligible dividends in Canada. They may also be considered qualified dividends from a U.S. tax perspective; however, shareholders should consult their tax advisor to confirm the treatment of Chorus dividends under U.S. tax laws.
Tax Information for U.S. Residents and other Non-Residents of Canada
Dividends paid or credited to non-residents of Canada are subject to a 25% withholding tax unless reduced by treaty. Under current tax treaties, U.S. and U.K. residents are subject to a 15% withholding tax.
Beginning in 2012, the Canada Revenue Agency introduced rules requiring residents of any country with which Canada has a tax treaty to certify that they reside in that country and are eligible to have Canadian non-resident tax withheld on the payment of their dividends at the tax treaty rate. Registered shareholders should have completed the Declaration of Eligibility for Benefits under a Tax Treaty for a Non-Resident Taxpayer and returned it to the transfer agent. For additional information, please consult your tax advisor.
Tax Information for U.S. Residents
Under the Jobs and Growth Tax Reconciliation Act of 2003, dividends paid to US individuals by most US public companies and qualifying foreign corporations, including public Canadian companies such as Chorus, will constitute “qualified dividend income” eligible for the preferential tax rate for individuals that meet certain requirements (including a minimum holding period requirement). For this purpose, qualified dividend income generally includes dividends paid by a foreign corporation if, among other things, the corporation is not considered during the year the dividend is paid, or in a preceding year, a passive foreign investment company (“PFIC”) for U.S. federal income tax purposes, and the corporation is eligible for the benefits of a comprehensive tax treaty with the United States that the IRS determines is satisfactory for purposes of the provision reducing the rate of tax on dividends, and that includes an exchange of information program. The U.S. Treasury Department has determined that the Convention between the United States of America and Canada with respect to Taxes on Income and Capital meets the requirements described above, and Chorus believes that it is eligible for the benefits of the treaty. A non-U.S. corporation will generally be classified as a PFIC for U.S. federal income tax purposes for any taxable year during which either (i) at least 75 per cent of the corporation’s gross income is ”passive income” or (ii) on average, at least 50 per cent of the gross value of the corporation’s assets is attributable to assets that produce passive income or are held for the production of passive income. Chorus believes that it is not currently, and is not likely to become in the near future, a PFIC; however, no assurance can be given in this regard.
The foregoing is for general information purposes only, and your tax consequences may vary depending on your particular circumstances. You are urged to consult your tax advisor to determine your particular tax consequences and filing obligations arising from your ownership of common shares of Chorus.
Beginning in 2012, the Canada Revenue Agency introduced rules requiring residents of any country with which Canada has a tax treaty to certify that they reside in that country and are eligible to have Canadian non-resident tax withheld on the payment of their dividends at the tax treaty rate. Registered shareholders should have completed the Declaration of Eligibility for Benefits under a Tax Treaty for a Non-Resident Taxpayer and returned it to the transfer agent. For additional information, please consult your tax advisor.
Recent news
June 25, 2025
Chorus Aviation Inc. Initiates Quarterly Dividend
Chorus Aviation Inc. (TSX: CHR) (“Chorus”) today announced the declaration of a cash dividend of $0.08 per Class A Variable Voting and Class B Voting Share (collectively, the “Shares”), payable on…
May 27, 2025
Chorus Aviation Inc. Enters into an Automatic Share Purchase Plan
Chorus Aviation Inc. (TSX: CHR) (“Chorus” or the “Company”) announced today that it has entered into an automatic share purchase plan (“ASPP”) with a broker to facilitate purchases of its Class A…
Chorus Aviation is covered by the following financial analysts:
BMO
Analyst: Fadi Chamoun
CIBC
Analyst: Kevin Chiang
Cormark
Analyst: David Ocampo
National Bank
Analyst: Cameron Doerksen
RBC
Analyst: James McGarragle
Scotiabank
Analyst: Konark Gupta
TD Bank
Analyst: Tim James
Please note that any opinions, estimates or forecasts regarding the performance of Chorus Aviation and its management made by these analysts are theirs alone and do not represent the opinions, estimates or forecasts of Chorus or its management. Chorus does not by its reference above or distribution, imply that the Company analyzes or approves of such information, conclusions or recommendations. Moreover, Chorus Aviation does not and will not distribute copies of analysts’ reports to investors or other persons.
Key Contacts
Chorus Aviation
3 Spectacle Lake Drive, Suite 380
Dartmouth, Nova Scotia
B3B 1W8 Canada
+1 (902) 873-5000
investorsinfo@chorusaviation.com
Investor and Analyst Contact
Matt LaPierre
Director, Treasury & Investor Relations
3 Spectacle Lake Drive, Suite 380
Dartmouth, Nova Scotia
B3B 1W8 Canada
+1 (902) 873-6739
investorsinfo@chorusaviation.com
Transfer Agent
TSX Trust Company
PO Box 2082, Station C
Halifax, Nova Scotia
B3J 3B7 Canada
+1 (800) 387-0825
shareholderinquiries@tmx.com
