Chorus Aviation to buy SkyCare Air Ambulance for C$40 million

Chorus Aviation has announced its agreement to purchase SkyCare Air Ambulance, the leading private fixed-wing air ambulance operator in Northern Ontario, for approximately C$40 million. This strategic acquisition aims to bolster Chorus’s business operations while simultaneously improving their cash flow position. The transaction is anticipated to finalize during the fourth quarter of 2026, contingent upon standard closing conditions and potential adjustments. SkyCare operates a significant fleet of aircraft providing critical air medical services throughout the region. Following completion, Chorus will integrate SkyCare's assets and expertise into its growing portfolio.