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Arctic Co-operatives Ltd. to invest in Quebec air charter company – Nunatsiaq News

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by ahnationtalk on February 10, 202065 Views

Chrono Aviation will add new hangar, second jet to its fleet

10 February 2020

Arctic Co-operatives Ltd. has struck a deal with Chrono Aviation of Quebec that will see ACL make a “significant investment” in the air charter firm.

The two companies made the announcement last week, on the eve of the Northern Lights trade show in Ottawa.

As a result of the investment from ACL, Chrono Aviation will add a second Boeing 737 jet to its existing fleet of more than 20 aircraft, as well as a new hangar and maintenance facility at its air terminal in St. Hubert on the south shore of Montreal, a news release said.

“With new Inuit/Indigenous ownership, Chrono Aviation is poised to reinforce and expand its air charter business in Quebec, Nunavut and beyond,” the news release said.

ACL did not disclose how much money it plans to invest in Chrono through the agreement, which builds on an existing relationship between the two entities.

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