On May 3, 2022, Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) announced that it had completed its acquisition of Falko Regional Aircraft Limited (‘Falko’) – a market-leading aircraft asset management company based in Hatfield, England.
The completion of this transaction establishes Chorus as the world’s largest aircraft asset management company and lessor focused solely on investing in the regional aircraft leasing space.
It results in a portfolio of 348 regional aircraft with an aggregate value of approximately US$4.5 billion, which are owned, managed, and/or operated by Chorus subsidiaries at the time of the acquisition closure.
Chorus Aviation Capital and Falko have been consolidated under the management of Falko.
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