Chorus Aviation closes Kadex Aero Supply acquisition

Executive Summary

• Chorus Aviation Inc. has completed the acquisition of Kadex Aero Supply Ltd., a leading independent distributor of OEM aircraft parts, supplies, and repair and overhaul services.
• The transaction, initially announced on February 12, 2026, expands Chorus's capabilities in aircraft parts provisioning and in-service support across its operating subsidiaries.
• Kadex Aero Supply will integrate into Chorus's broader portfolio, which already covers the full aircraft life cycle through Jazz Aviation, Voyageur Aviation, Cygnet Aviation Academy, and Elisen & Associates.

Key Details

• Transaction Type: Completed acquisition
• Acquirer: Chorus Aviation Inc.
• Target: Kadex Aero Supply Ltd.
• Target Business: Leading independent distributor of OEM aircraft parts, supplies, and repair and overhaul services
• Announcement Date: February 12, 2026
• Strategic Impact: Strengthens Chorus's in-service support, parts provisioning, and aircraft modification capabilities
• Parent Company Subsidiaries: Jazz Aviation (largest Canadian regional airline/Air Canada Express), Voyageur Aviation (charter, modifications, parts provisioning), Cygnet Aviation Academy (pilot training), and Elisen & Associates (aerospace engineering and certification)
• Consideration/Financial Terms: Not disclosed in this release
• Regulatory/Share Listing: Chorus Class A variable voting shares and Class B voting shares trade on the TSX under CHR; 5.75% senior unsecured debentures due June 30, 2027, trade under CHR.DB.C