Brookfield-backed Chorus to acquire Falko from Fortress Investment for $855m.

Brookfield-backed Chorus, a Canadian holding company which owns regional airlines, agreed to acquire Falko, a regional aircraft lessor, from Fortress Investment for $855m. "The acquisition of Falko is transformative for Chorus, creating a world premier full-service provider in regional aviation. We are extremely pleased to have Brookfield, a well-respected company with global reach, as our strategic cornerstone investor, bringing extensive experience in asset management, fundraising and capital markets. The equity investment is an important endorsement of our strategy and simultaneously reduces leverage9. Brookfield’s significant financial strength and transaction expertise provides Chorus with increased stability and support to execute on our strategy to the benefit of all stakeholders," Joe Randell, Chorus President and CEO.