Air Transport World

Jazz Air.(RegionalNews)(Jazz Air Income Fund)(Brief article)

Jazz Air parent Jazz Air Income Fund, the independent entity spun off during Air Canada's bankruptcy restructuring, will convert from an income trust to a corporate structure called Chorus Aviation Inc. that will pay quarterly dividends to shareholders. The move is not expected to affect Jazz's regional flying under contract with AC.

The impetus behind the change was alterations to tax laws that take effect Jan. …

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