11:10 AM EST - Chorus Aviation Inc. : Parent company of Jazz Aviation LP today announced an agreement to revise the capacity purchase agreement between Jazz and Air Canada. The agreement addresses the dramatic and sustained reduction in air travel demand caused by the COVID-19 pandemic by optimizing the Jazz fleet. The revisions to the CPA are conditional on Jazz reaching an agreement with the Air Line Pilots Association, International which represents Jazz pilots. If this condition is satisfied, the CPA will be amended on a retroactive basis to January 1, 2021. Chorus Aviation Inc.
shares T.CHR are trading up $0.23 at $4.43.
