Chorus Aviation to offload RAL assets for C$1.9bn, setting stage for strategic overhaul
Chorus Aviation Inc. (TSX: CHR) has announced a landmark agreement to divest its Regional Aircraft Leasing (RAL) segment, including Falko Regional Aircraft Limited and equity interests in related aircraft investment funds, to affiliates of HPS Investment Partners, LLC. The total consideration for this transaction amounts to approximately C$1.9 billion, comprising C$814 million in cash and […]