HALIFAX, Aug. 10, 2015 /CNW/ - Chorus Aviation Inc.
('Chorus') (TSX: CHR.B CHR.A) today announced the appointment of R. Stephen Hannahs
to its Board of Directors.
The appointment is effective immediately and will bring the total number of Board members to eight.
has been involved in aviation and aircraft finance and leasing for over 35 years.
Mr. Hannahs is the Founder, Chief Executive Officer, and Managing Director at Wings Capital Partners.
Wings Capital Partners
makes targeted, non-passive equity investments in commercial aircraft, related assets parts, and aviation companies, with a focus on the mid-life narrow body commercial aircraft sector.
In 1989 Mr. Hannahs co-founded Aviation Capital Group ('ACG') and served as its Chief Executive Officer and Group Managing Director until December 31, 2012.
When Mr. Hannahs retired from ACG on January 1, 2013, he had built the Company into a $7.0 billion enterprise and one of the top five aircraft leasing companies in the world.
Between 1982 and 1989, he served as an Executive Vice President at Integrated Resources Inc. and President at Integrated Resources Aircraft Corporation.
From 1980 to 1982, Mr. Hannahs was a Vice President and partner in Tanon Leasing Corporation, a partnership with the Hillman Company of Pittsburgh, where he was responsible for all of Tanon's aviation activities.
From 1977 to 1980 he was employed by Itel Corporation where he was responsible for airline and aviation financing activities.
He is a former officer in the United States Air Force, and holds a Bachelor of Arts and Master of Business Administration degrees in Finance from the University of Wisconsin-Madison.