The story
Corporate history
Air Canada Regional Inc. was established in 2001 from the consolidation of the Air Canada Connector carriers Air BC, Air Nova, Air Ontario, and Canadian Regional Airlines (shortly after the merger between Canadian Airlines and Air Canada). The merger was finalized in 2002 with the creation of a new brand: Air Canada Jazz.
In 2006, ACE Aviation Holdings, the owners of Air Canada, sold off all of its Air Canada Jazz assets. Air Canada Jazz was then an independent company known as Jazz Air Income Fund, which launched an initial public offering in February 2006; units of the income trust traded as JAZ.UN.
On November 15, 2010, the airline was restructured and changed its name to Chorus Aviation, became a public corporation, and traded as "CHR" at the Toronto Stock Exchange.
In 2011, Air Canada announced it would phase out the use of the "Air Canada Jazz" name and livery, and instead brand its regional operations as "Air Canada Express", with the subtitle "operated by Jazz".
Operational history
In February 2006, Air Canada announced that City Centre Aviation Limited (CCAL) had served a 30-day termination notice for Jazz's month-to-month lease of terminal space at Toronto City Centre Airport. The Toronto Port Authority itself does not control any significant terminal space at the airport, but it extended permission for Jazz to continue using the airport; however, since the airline could not find terminal space, they cancelled service to the airport at the end of February 2006. CCAL had been bought by REGCO Holdings, (now Porter Aviation Holdings), the owners of Porter Airlines, which launched service from the airport later that year.
In August 2008, Jazz Aviation removed all life jackets from its aircraft to lower fuel costs. According to the airline, passengers are to use floating seat cushions in the event of an emergency over water. The airline also stated that the probability of a water landing on the regional airline routes was almost zero, as no operation over great bodies of water occurs except for the Great Lakes and the Gulf of St. Lawrence, and that in all circumstances, the airline always remains within 50 nautical miles (93 km; 58 mi) from land, as stipulated in the law, which removes the obligation from carrying any flotation devices.
From Wikipedia’s article on Jazz Aviation, shared under CC BY-SA 4.0.5
