Region Of Waterloo International Airport Welcomes Chartright Air Group To Aviation Business Park

April 7, 2015
he Region of Waterloo International Airport is pleased to welcome Chartright Air Group, a leading provider of business aviation services in Canada, to the Airport’s Aviation Business Park

Waterloo Region – The Region of Waterloo International Airport is pleased to welcome Chartright Air Group, a leading provider of business aviation services in Canada, to the Airport’s Aviation Business Park.  Effective April 1, 2015 Regional Council approved Penmore Holdings Inc. request to assume the lease of the hangar owned and operated by Millard Properties Limited.  Penmore Holdings Inc. will manage operations at the Airport under the name Chartright Air Group.  

Chartright Air Group is Canada’s largest provider of corporate jet charter and Toronto’s largest operator of corporate jets. As a licensed charter airline operator Chartright manages a fleet of 37 corporate aircraft which fly to destinations around the world.    Chartright currently employs 140 people at six locations across Canada and is expected to employ over 40 people when they are fully operational in Waterloo Region.

“Welcoming a tenant like Chartright to the Airport’s Aviation Business Park is a significant accomplishment for the Airport and our community,” said Chris Wood, General Manager at the Region of Waterloo International Airport.  “We are proud to welcome their team to Waterloo Region.”

Chartright plans to provide managed aircraft operations, establish a fixed based operation (FBO) and to relocate their designated Canadian Agusta Helicopter Service Centre and upcoming helicopter maintenance repair operation (MRO) activity from Toronto where they have exceeded available hangar capacity.  

The Region of Waterloo International Airport is home to business and commercial aviation activities. Over 250 private and charter aircraft are based here providing time-critical services to business across Waterloo Region. Currently 25+ businesses operate from the airport employing over 300 people. The Region of Waterloo International Airport recently reported 2014 was the busiest year on record. 145,508 passengers travelled through the Airport between January 1 and December 31, 2014 accounting for a 4.9 per cent increase over the previous year.