Chorus Aviation board authorizes dividend increase

11 December 2013

Chorus Aviation Inc. (TSX: CHR.B) (TSX: CHR.A) said its board of directors has approved an increase in the quarterly dividend from the current level of USD0.075 per share to USD0.1125. On an annualized basis this translates to USD0.45 per share.

The fourth quarter dividend of USD0.1125 per class A and class B share is payable on or after January 17, 2014 to shareholders of record at the close of business on December 31, 2013. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.

Chorus Aviation Inc. was incorporated on September 27, 2010 and is a dividend-paying holding company which owns Jazz Aviation LP and Chorus Leasing III Inc. For more information, visit www.chorusaviation.ca

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