Mergers and Acquisitions

Chorus Aviation in the sale of its Regional Aircraft Leasing Segment

Chorus Aviation
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Ben Fickling

Associate, Corporate, Toronto

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Kaeleigh Kuzma

Partner, Competition/Antitrust and Foreign Investment, Calgary

On July 30, 2024, Chorus Aviation announced it entered into an agreement to sell all assets in its RAL segment, including Falko Regional Aircraft Limited (“Falko”) and Chorus’ equity interests in the aircraft investment funds managed by Falko and its affiliates to affiliates of investment funds managed by HPS Investment Partners, LLC, for aggregate consideration of approximately $1.9 billion.

Chorus is a global aviation solutions provider and asset manager, focused on regional aviation. 

Osler, Hoskin & Harcourt LLP advised Chorus Aviation with a team consisting of Alex Gorka, Kevin Feng and Ben Fickling (Corporate) and Michelle Lally and Kaeleigh Kuzma (Competition/Antitrust and Foreign Investment).

Value
$1.9 billion
Date Announced
Jul 30, 2024
Lead Office
Toronto
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Ben Fickling

Associate, Corporate, Toronto

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Kaeleigh Kuzma

Partner, Competition/Antitrust and Foreign Investment, Calgary