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Canada Jetlines

Canada Jetlines
Canada Jetlines logo.svg
Founded 2013
Hubs
Focus cities
Fleet size 7 (on order)
Destinations 18 (planned)
Company slogan Flying Your Way
Traded as
Headquarters 1140 West Pender Street, Vancouver, British Columbia
Key people
  • Mark Morabito, Executive Chairman
  • Stan Gadek, CEO & Director
  • Carlo Valente, CFO
  • Dix Lawson, Vice-President Strategic Planning
  • Olen Aasen, Vice-President Legal
  • Jennifer Paterson, Director of Corporate Development
Website jetlines.ca

Canada Jetlines, Ltd. (TSX-V : JET) or simply Jetlines, is a planned Canadian ultra low-cost airline headquartered in Vancouver, British Columbia, Canada. Jetlines aims to meet the market demand in Canada for low-fare air travel. It plans to establish its base in Hamilton, Southern Ontario, then establish a secondary base in Abbotsford, British Columbia.

Jetlines seeks to fly routes to unserved or underserved markets by other airlines, such as Hamilton, Ontario to Halifax, Nova Scotia. Jetlines plans to follow the business model of European low-cost carriers Ryanair and easyJet by operating from smaller secondary airports like Abbotsford International Airport when possible.

The airline expects to receive its air operator's certificate approximately 5–6 months after being fully funded and to operate Boeing 737-800 aircraft. It plans to purchase or lease up to 24 Boeing 737s, in addition to the five Boeing 737 MAX 7s (plus 16 options) ordered in December 2014.

Canada Jetlines is expected to begin flight operations June 1, 2018.

In June 2016 the airline announced that it had asked the Canadian government to relax its legal requirement for Canadian airlines to have no more than 25% foreign ownership, allowing Canada Jetlines to seek foreign investment up to the level of 49% ownership. On November 3, 2016, Transport Minister Marc Garneau approved Jetlines' request for exemption from the current foreign ownership rules, which allowed the airline to access necessary capital in order to begin operations. The airline has one ownership member from Europe and a board made up of industry members from Europe and the United States.

On November 4, 2016, Canada Jetlines announced that it is planning to launch operations on strong primary and secondary routes by operating scheduled point-to-point jet air service. Jetlines plans to operate flights throughout Canada, the United States, Mexico, and the Caribbean, starting with four Boeing 737 aircraft in the first year of operations with plans to increase its fleet by 4 planes annually through to 2023.


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Wikipedia

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