Voyageur AirwaysChorus Aviation, based out Halifax, Nova Scotia has announced they’ve entered into an agreement to acquire all of the issued and outstanding shares of the holding company that owns Voyageur Airways and its related companies, a leading provider of specialized aviation services with international operations.

Chorus President and CEO Joe Randell, says they’re very excited about the acquisition as it is a logical extension of their existing contract flying business model.

He says they’ll be a great fit for North Bay.

Randell says it’s business as usual at Voyageur as the same managing team will be operating the business. He says they’re the experts and they’ll provide Chorus with guidance.

President of Voyageur Airways is Max Shapiro. He says he has met with the employees on the proposed sale.

Shapiro says there will be growth as a result of this agreement but it will be incremental meaning no explosive growth but growth never the less.

He says it’s too early to predict the long term impact.

Voyageur has earned a reputation with our customers as a ‘best-in-class’ contract flying operator with high safety and service standards. Voyageur Airways operates out of a 200,000 square foot head office and Maintenance, Repair and Operations facility in North Bay.

They’re a Transport Canada approved air operator and maintenance organization that began operations in 1968.

In terms of the acquisition, the purchase price is $80-million with closing of the transaction expected in the second quarter of 2015, and it is subject to certain closing conditions and approvals.