HALIFAX, Dec. 17 /CNW/ – Jazz Air Income Fund (TSX: JAZ.UN ) announced today that its December cash distribution of $0.05 per Fund unit covering the period from December 1, 2010 to December 31, 2010 will be paid on January 10, 2011 to unitholders of record at the close of business on December 31, 2010.
This represents the final cash distribution to unitholders of the Jazz Air Income Fund pending the successful completion of the conversion from an income trust, Jazz Air Income Fund, to a corporation called Chorus Aviation Inc. The conversion remains subject to certain conditions and is expected to be completed on or about December 31, 2010.
About Jazz Air Income Fund
The Fund is an unincorporated, open-ended trust established under the laws of the Province of Ontario, created to indirectly acquire and hold an interest in the outstanding limited partnership units of Jazz.