Chorus Aviation Inc. (ticker: CHR_A.TO, exchange: Toronto Stock Exchange (.TO))
News Release -
19-Apr-2006
Jazz Air Income Fund announces April distributionHALIFAX, Apr 19, 2006 (Canada NewsWire via COMTEX News Network) -- Jazz Air Income Fund (TSX: JAZ.UN) announced
today that its April cash distribution of $0.0729 per Fund unit covering the
period from April 1, 2006 to April 30, 2006 will be paid on May 15, 2006 to
unitholders of record at the close of business on April 28, 2006.
About Jazz Air Income Fund
The fund is an unincorporated, open-ended trust established under the
laws of the Province of Ontario. The Fund indirectly holds 20.3% of Jazz Air
LP, with ACE Aviation Holdings Inc. holding the remaining majority interest of
the outstanding Jazz LP Units.
About Jazz Air LP
Jazz Air LP (Air Canada Jazz) is the largest regional airline and the
second largest airline in Canada after Air Canada, based on fleet size and
number of routes operated. Air Canada Jazz forms an integral part of Air
Canada's domestic and trans-border market presence and strategy. Air Canada
Jazz and Air Canada are parties to a Capacity Purchase Agreement pursuant to
which Air Canada currently purchases substantially all of Air Canada Jazz's
fleet capacity based on predetermined rates. Under the capacity purchase
agreement with Air Canada, Air Canada Jazz provides service to and from lower
density markets as well as higher density markets at off-peak times throughout
Canada and to and from certain destinations in the United States. As of
April 1, 2006, Air Canada Jazz operated scheduled passenger service on behalf
of Air Canada with approximately 740 departures per weekday to 55 destinations
in Canada and 24 destinations in the United States with a fleet of
131 aircraft. Air Canada Jazz is the focal point of Air Canada's regional
passenger strategy. Air Canada Jazz and Air Canada have linked their regional
and mainline networks in order to serve connecting passengers more efficiently
and to provide valuable traffic feed to Air Canada's mainline routes.
SOURCE: Jazz Air Income Fund
SOURCE: Air Canada Jazz
Media Contacts: Manon Stuart, (902) 873-5054, Halifax, Nova Scotia; Debra Williams,
(519) 659-5696, London, Ontario; www.flyjazz.ca; Archived images on this organizatio
are searchable through CNW Photo Archive website at http://photos.newswire.ca. Image
are free to accredited members of the media. To request a free copy of this
organization's annual report, please go to http://www.newswire.ca and click on
Tools for Investors.
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