JOSIAH24
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Has a 5 cent drop today it was bound to happen the run was big
ETEK 0005 grab some and hold this could go to 00’ any moment
ETEK 0005 shell bought out for Merger FYI 00’s coming
FHBC it looks
Ike it wants to move
Another trip I picked up is ETEK right now at 0004 she’ll bought for Merger one to keep an eye on
Been telling some good traders about it at this price is no brainer one morning the big news will hit and premarket will open above 0.50 cents we are very close perhaps a couple of months or less from moving above 50
I can wait traders will be paying $1+ here
Canada Jetlines and Québec City Airport Sign Agreement
https://globenewswire.com/news-release/2019/02/13/1724457/0/en/Canada-Jetlines-and-Qu%C3%A9bec-City-Airport-Sign-Agreement.html
QUEBEC CITY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) and the Québec City Jean Lesage International Airport (YQB) (the “Québec City airport”, “YQB” or the “airport”) are pleased to announce they have reached an agreement in principle. Canada Jetlines intends to provide future ultra-low fare service from the airport.
In 2017, Québec City Jean Lesage International Airport doubled its capacity by opening a brand-new international terminal. Since its privatization in 2000, the airport has tripled its traffic going from 643,000 passengers to 1.8 million in 2018. YQB remains one of the fastest growing airports in Canada, with an annual compound passenger growth rate of 7.2% per year for the last 15 years.
Québec City has long been recognized as a premium tourist destination for Canadians, Americans, and international visitors. In 2016, Québec City had over 4 million tourists and that number continues to increase annually. Jetlines is excited about its plans to come into the market and provide a low-cost alternative to locals and tourists alike.
Javier Suarez, Jetlines CEO, stated “Québec City is an exciting addition to our future route network that will provide more Canadians with diversified and low-cost alternatives to explore this beautiful country. Jetlines plans to offer domestic as well as international flights. Québec City is also home to world-class tourism infrastructure and has been an increasingly popular destination for many travelers in recent years. This partnership will allow us to tap into the market opportunity available and stimulate demand for more travel, which Jetlines will be able to leverage to grow its business.”
“We salute Canada Jetlines' willingness to serve the passengers of Québec City. This decision aligns perfectly with our development strategy to improve accessibility to Québec City, increase the region’s connections to the rest of the world, and support its economic growth, visibility and prestige”, said Gaëtan Gagné, President and CEO of YQB. “Bringing a low-cost option to Québec City was one of our top priority for the future and one of the reasons why we’ve expanded our terminal. I am delighted to see that this strategy is paying off and we welcome Jetlines with enthusiasm”, he concluded.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
Canada Jetlines and Québec City Airport Sign Agreement
https://globenewswire.com/news-release/2019/02/13/1724457/0/en/Canada-Jetlines-and-Qu%C3%A9bec-City-Airport-Sign-Agreement.html
QUEBEC CITY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) and the Québec City Jean Lesage International Airport (YQB) (the “Québec City airport”, “YQB” or the “airport”) are pleased to announce they have reached an agreement in principle. Canada Jetlines intends to provide future ultra-low fare service from the airport.
In 2017, Québec City Jean Lesage International Airport doubled its capacity by opening a brand-new international terminal. Since its privatization in 2000, the airport has tripled its traffic going from 643,000 passengers to 1.8 million in 2018. YQB remains one of the fastest growing airports in Canada, with an annual compound passenger growth rate of 7.2% per year for the last 15 years.
Québec City has long been recognized as a premium tourist destination for Canadians, Americans, and international visitors. In 2016, Québec City had over 4 million tourists and that number continues to increase annually. Jetlines is excited about its plans to come into the market and provide a low-cost alternative to locals and tourists alike.
Javier Suarez, Jetlines CEO, stated “Québec City is an exciting addition to our future route network that will provide more Canadians with diversified and low-cost alternatives to explore this beautiful country. Jetlines plans to offer domestic as well as international flights. Québec City is also home to world-class tourism infrastructure and has been an increasingly popular destination for many travelers in recent years. This partnership will allow us to tap into the market opportunity available and stimulate demand for more travel, which Jetlines will be able to leverage to grow its business.”
“We salute Canada Jetlines' willingness to serve the passengers of Québec City. This decision aligns perfectly with our development strategy to improve accessibility to Québec City, increase the region’s connections to the rest of the world, and support its economic growth, visibility and prestige”, said Gaëtan Gagné, President and CEO of YQB. “Bringing a low-cost option to Québec City was one of our top priority for the future and one of the reasons why we’ve expanded our terminal. I am delighted to see that this strategy is paying off and we welcome Jetlines with enthusiasm”, he concluded.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
A little time now a few months and folks will flocking here to much already done not to be completed
Yeah I just saw that lol
Some folks been running al these low s/s trips with no info release or anything EGOC SNRY and now LEAS they all have in common small s/s for trips
I think that DLCR will get picked up similar to PJET it should get out of trips soon
DLCR 0006 10k out and ITKH big upside news expected s/s are very similar if not better than
DKGR
Thanks buddy I saw it , Otc site down and traders are all sleeping
Canada Jetlines Announces Planned Routes out of Montreal Saint-Hubert Longueuil Airport
https://globenewswire.com/news-release/2019/02/11/1716407/0/en/Canada-Jetlines-Announces-Planned-Routes-out-of-Montreal-Saint-Hubert-Longueuil-Airport.html
February 11, 2019 05:30 ET | Source: Canada Jetlines Ltd.
multilang-release
VANCOUVER, British Columbia, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it intends to offer direct flights from Aéroport Montréal Saint-Hubert Longueuil (“Montreal Saint Hubert Airport” or the “airport”) to several cities in Canada including cities in Quebec, as well as US destinations including Florida and New York.
Montreal Saint Hubert Airport is being expanded as part of a plan to position itself as a low-cost airport serving the Montérégie region of Quebec and Montréal. The airport’s location is closer to Montréal’s business and leisure core than Montréal’s main airport, Pierre Elliott Trudeau International Airport. Montreal Saint Hubert Airport is expected to be able to support ULCC airlines like Jetlines as early as the end of next year. The airport recently upgraded its runway, a project that received support from the federal government, who injected $13 million into the project. Montreal Saint-Hubert also has plans to build a new passenger terminal building.
Javier Suarez, CEO, stated “we are thrilled to announce routes we plan to fly in the future. We fully support the airport’s vision of building a low-cost secondary airport for the Montréal region, and we are looking forward to delivering ultra-low fares to our passengers. Our low fares should encourage people from Montréal and the surrounding areas to travel more often. Driven by these low fares, Montréal should experience an increase in the number of tourists and visitors it receives. Our relationship with the airport is important for us to be able to extend Jetlines’ reach in Eastern Canada, and we are pleased to have them as a partner.”
“Jetlines is committed to becoming Canada’s first true ultra-low cost carrier. It’s not fair for Canadians to have to consistently overpay for their air travel, whether be it to travel for leisure, or to visit their friends and family. Jetlines is here to put an end to this. Our partnership with Montreal Saint-Hubert airport is a crucial milestone in our vision for air travel in Canada, as well as for our long-term plans”, added Mark Morabito, Executive Chairman.
“We are particularly pleased with Jetlines’ announcement today. Offering a low cost alternative for air service to other cities in Quebec, Canada and the United States is in direct alignment with our vision for the development of the airport. Florida is a favourite destination for Quebecers and this new service will help us repatriate the exodus of Canadians flying to the United States from border airports such as those in Plattsburgh and Burlington. And, this announcement certainly validates our request to Minister Garneau for assistance regarding Canadian Air Transport Security Authority (CATSA) services and the need to re-examine government agreements signed decades ago that currently limit our access to these markets. We are currently examining the use of a temporary facility so that we may accelerate this service offering”, said Jane Foyle, General Manager of DASH-L, the non-profit organization that manages the airport.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
About Aéroport Montréal Saint-Hubert Longueuil
Strategically located 15 minutes from downtown Montreal, Aéroport Montréal Saint-Hubert Longueuil has a robust airside infrastructure, a control tower and a wide offering of aviation services. DASH-L, a non-profit agency, has operated and managed the airport since September 2004. DASH-L’s objective is to develop the airport in a manner that will make air travel accessible and affordable to all.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
Canada Jetlines Announces Planned Routes out of Montreal Saint-Hubert Longueuil Airport
https://globenewswire.com/news-release/2019/02/11/1716407/0/en/Canada-Jetlines-Announces-Planned-Routes-out-of-Montreal-Saint-Hubert-Longueuil-Airport.html
February 11, 2019 05:30 ET | Source: Canada Jetlines Ltd.
multilang-release
VANCOUVER, British Columbia, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it intends to offer direct flights from Aéroport Montréal Saint-Hubert Longueuil (“Montreal Saint Hubert Airport” or the “airport”) to several cities in Canada including cities in Quebec, as well as US destinations including Florida and New York.
Montreal Saint Hubert Airport is being expanded as part of a plan to position itself as a low-cost airport serving the Montérégie region of Quebec and Montréal. The airport’s location is closer to Montréal’s business and leisure core than Montréal’s main airport, Pierre Elliott Trudeau International Airport. Montreal Saint Hubert Airport is expected to be able to support ULCC airlines like Jetlines as early as the end of next year. The airport recently upgraded its runway, a project that received support from the federal government, who injected $13 million into the project. Montreal Saint-Hubert also has plans to build a new passenger terminal building.
Javier Suarez, CEO, stated “we are thrilled to announce routes we plan to fly in the future. We fully support the airport’s vision of building a low-cost secondary airport for the Montréal region, and we are looking forward to delivering ultra-low fares to our passengers. Our low fares should encourage people from Montréal and the surrounding areas to travel more often. Driven by these low fares, Montréal should experience an increase in the number of tourists and visitors it receives. Our relationship with the airport is important for us to be able to extend Jetlines’ reach in Eastern Canada, and we are pleased to have them as a partner.”
“Jetlines is committed to becoming Canada’s first true ultra-low cost carrier. It’s not fair for Canadians to have to consistently overpay for their air travel, whether be it to travel for leisure, or to visit their friends and family. Jetlines is here to put an end to this. Our partnership with Montreal Saint-Hubert airport is a crucial milestone in our vision for air travel in Canada, as well as for our long-term plans”, added Mark Morabito, Executive Chairman.
“We are particularly pleased with Jetlines’ announcement today. Offering a low cost alternative for air service to other cities in Quebec, Canada and the United States is in direct alignment with our vision for the development of the airport. Florida is a favourite destination for Quebecers and this new service will help us repatriate the exodus of Canadians flying to the United States from border airports such as those in Plattsburgh and Burlington. And, this announcement certainly validates our request to Minister Garneau for assistance regarding Canadian Air Transport Security Authority (CATSA) services and the need to re-examine government agreements signed decades ago that currently limit our access to these markets. We are currently examining the use of a temporary facility so that we may accelerate this service offering”, said Jane Foyle, General Manager of DASH-L, the non-profit organization that manages the airport.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
About Aéroport Montréal Saint-Hubert Longueuil
Strategically located 15 minutes from downtown Montreal, Aéroport Montréal Saint-Hubert Longueuil has a robust airside infrastructure, a control tower and a wide offering of aviation services. DASH-L, a non-profit agency, has operated and managed the airport since September 2004. DASH-L’s objective is to develop the airport in a manner that will make air travel accessible and affordable to all.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
Canada Jetlines Announces Planned Routes out of Montreal Saint-Hubert Longueuil Airport
https://globenewswire.com/news-release/2019/02/11/1716407/0/en/Canada-Jetlines-Announces-Planned-Routes-out-of-Montreal-Saint-Hubert-Longueuil-Airport.html
February 11, 2019 05:30 ET | Source: Canada Jetlines Ltd.
multilang-release
VANCOUVER, British Columbia, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it intends to offer direct flights from Aéroport Montréal Saint-Hubert Longueuil (“Montreal Saint Hubert Airport” or the “airport”) to several cities in Canada including cities in Quebec, as well as US destinations including Florida and New York.
Montreal Saint Hubert Airport is being expanded as part of a plan to position itself as a low-cost airport serving the Montérégie region of Quebec and Montréal. The airport’s location is closer to Montréal’s business and leisure core than Montréal’s main airport, Pierre Elliott Trudeau International Airport. Montreal Saint Hubert Airport is expected to be able to support ULCC airlines like Jetlines as early as the end of next year. The airport recently upgraded its runway, a project that received support from the federal government, who injected $13 million into the project. Montreal Saint-Hubert also has plans to build a new passenger terminal building.
Javier Suarez, CEO, stated “we are thrilled to announce routes we plan to fly in the future. We fully support the airport’s vision of building a low-cost secondary airport for the Montréal region, and we are looking forward to delivering ultra-low fares to our passengers. Our low fares should encourage people from Montréal and the surrounding areas to travel more often. Driven by these low fares, Montréal should experience an increase in the number of tourists and visitors it receives. Our relationship with the airport is important for us to be able to extend Jetlines’ reach in Eastern Canada, and we are pleased to have them as a partner.”
“Jetlines is committed to becoming Canada’s first true ultra-low cost carrier. It’s not fair for Canadians to have to consistently overpay for their air travel, whether be it to travel for leisure, or to visit their friends and family. Jetlines is here to put an end to this. Our partnership with Montreal Saint-Hubert airport is a crucial milestone in our vision for air travel in Canada, as well as for our long-term plans”, added Mark Morabito, Executive Chairman.
“We are particularly pleased with Jetlines’ announcement today. Offering a low cost alternative for air service to other cities in Quebec, Canada and the United States is in direct alignment with our vision for the development of the airport. Florida is a favourite destination for Quebecers and this new service will help us repatriate the exodus of Canadians flying to the United States from border airports such as those in Plattsburgh and Burlington. And, this announcement certainly validates our request to Minister Garneau for assistance regarding Canadian Air Transport Security Authority (CATSA) services and the need to re-examine government agreements signed decades ago that currently limit our access to these markets. We are currently examining the use of a temporary facility so that we may accelerate this service offering”, said Jane Foyle, General Manager of DASH-L, the non-profit organization that manages the airport.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
About Aéroport Montréal Saint-Hubert Longueuil
Strategically located 15 minutes from downtown Montreal, Aéroport Montréal Saint-Hubert Longueuil has a robust airside infrastructure, a control tower and a wide offering of aviation services. DASH-L, a non-profit agency, has operated and managed the airport since September 2004. DASH-L’s objective is to develop the airport in a manner that will make air travel accessible and affordable to all.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
ITKH keep your eyes on it news and quarterly expected
ITKH Some chatter on twitter looks like news expected and usually groups follow
I think we will break next week
I think we will see a couple runners next week imo
Possible news next week traders are smelling it now
Thanks buddy welcome here any time
Yeah thinking also ITKH we could hear something next week
Yeah it will pop s/s very good for a trip
FOLKS JETMF is priced to buy
Market sluggish LFAP looking good
PDGO 0003 those will be bought within a couple days imo
Canada Jetlines Announces Secured Slots at Vancouver International Airport and Has Selected the Airport as its Home Base
Press Release | 02/07/2019
VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it has chosen Vancouver International Airport (YVR) to be its home airport and primary base of operations when it begins flight operations targeted for later this year. Jetlines has filed and received confirmation from YVR that all airport slots needed to operate their initial network using their first two Airbus A320 aircraft will be available.
Jetlines selected YVR as their future base for operations due to it being the second busiest airport in Canada, serving more than 25.9 million passengers in 2018. It is also the busiest airport in British Columbia and the airport with the largest catchment area. The airport has more than 2.5 million people living less than 30 minutes' drive from it. As well as it being the closest airport to Vancouver’s city center, the airport is also extremely well connected to the city by transit with a rapid transit rail.
In addition to the desirable location and facilities, Jetlines was attracted to YVR due to their competitive rates and charges. The airport’s ConnectYVR program provides airlines a standard rate structure for landing and terminal fees. This program rewards airlines for efficiency and growing their services at YVR providing further incentive for Jetlines to build their base of operations out of Vancouver.
CEO Javier Suarez stated, “I am extremely excited to be able to use Vancouver International Airport as our primary base of operations once we launch. The Greater Vancouver area population, cost to operate from the airport, and transit accessibility, linked with the enormous tourist attraction that Vancouver has, provides Jetlines with a massive business opportunity. Having launched more than 300 routes in my career with most of them out of primary airports, I have no doubt that the Vancouver Airport will offer Jetlines the opportunity to launch and profitably operate a large number of routes.”
“We welcome the news that Jetlines is planning to use YVR as their base of operations once they launch. It is great to hear that this Canadian-operated airline is making positive progress to begin offering service. We are excited that Jetlines intends to offer flights from YVR across Canada and to several sun destinations as this will provide added choice for our passengers in the future,” said Anne Murray, Vice President, Airline Business Development and Public Affairs, Vancouver Airport Authority.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
Canada Jetlines Announces Secured Slots at Vancouver International Airport and Has Selected the Airport as its Home Base
Press Release | 02/07/2019
VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it has chosen Vancouver International Airport (YVR) to be its home airport and primary base of operations when it begins flight operations targeted for later this year. Jetlines has filed and received confirmation from YVR that all airport slots needed to operate their initial network using their first two Airbus A320 aircraft will be available.
Jetlines selected YVR as their future base for operations due to it being the second busiest airport in Canada, serving more than 25.9 million passengers in 2018. It is also the busiest airport in British Columbia and the airport with the largest catchment area. The airport has more than 2.5 million people living less than 30 minutes' drive from it. As well as it being the closest airport to Vancouver’s city center, the airport is also extremely well connected to the city by transit with a rapid transit rail.
In addition to the desirable location and facilities, Jetlines was attracted to YVR due to their competitive rates and charges. The airport’s ConnectYVR program provides airlines a standard rate structure for landing and terminal fees. This program rewards airlines for efficiency and growing their services at YVR providing further incentive for Jetlines to build their base of operations out of Vancouver.
CEO Javier Suarez stated, “I am extremely excited to be able to use Vancouver International Airport as our primary base of operations once we launch. The Greater Vancouver area population, cost to operate from the airport, and transit accessibility, linked with the enormous tourist attraction that Vancouver has, provides Jetlines with a massive business opportunity. Having launched more than 300 routes in my career with most of them out of primary airports, I have no doubt that the Vancouver Airport will offer Jetlines the opportunity to launch and profitably operate a large number of routes.”
“We welcome the news that Jetlines is planning to use YVR as their base of operations once they launch. It is great to hear that this Canadian-operated airline is making positive progress to begin offering service. We are excited that Jetlines intends to offer flights from YVR across Canada and to several sun destinations as this will provide added choice for our passengers in the future,” said Anne Murray, Vice President, Airline Business Development and Public Affairs, Vancouver Airport Authority.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
Canada Jetlines Announces Secured Slots at Vancouver International Airport and Has Selected the Airport as its Home Base
Press Release | 02/07/2019
VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it has chosen Vancouver International Airport (YVR) to be its home airport and primary base of operations when it begins flight operations targeted for later this year. Jetlines has filed and received confirmation from YVR that all airport slots needed to operate their initial network using their first two Airbus A320 aircraft will be available.
Jetlines selected YVR as their future base for operations due to it being the second busiest airport in Canada, serving more than 25.9 million passengers in 2018. It is also the busiest airport in British Columbia and the airport with the largest catchment area. The airport has more than 2.5 million people living less than 30 minutes' drive from it. As well as it being the closest airport to Vancouver’s city center, the airport is also extremely well connected to the city by transit with a rapid transit rail.
In addition to the desirable location and facilities, Jetlines was attracted to YVR due to their competitive rates and charges. The airport’s ConnectYVR program provides airlines a standard rate structure for landing and terminal fees. This program rewards airlines for efficiency and growing their services at YVR providing further incentive for Jetlines to build their base of operations out of Vancouver.
CEO Javier Suarez stated, “I am extremely excited to be able to use Vancouver International Airport as our primary base of operations once we launch. The Greater Vancouver area population, cost to operate from the airport, and transit accessibility, linked with the enormous tourist attraction that Vancouver has, provides Jetlines with a massive business opportunity. Having launched more than 300 routes in my career with most of them out of primary airports, I have no doubt that the Vancouver Airport will offer Jetlines the opportunity to launch and profitably operate a large number of routes.”
“We welcome the news that Jetlines is planning to use YVR as their base of operations once they launch. It is great to hear that this Canadian-operated airline is making positive progress to begin offering service. We are excited that Jetlines intends to offer flights from YVR across Canada and to several sun destinations as this will provide added choice for our passengers in the future,” said Anne Murray, Vice President, Airline Business Development and Public Affairs, Vancouver Airport Authority.
The Company’s ability to service this airport is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
ON BEHALF OF THE BOARD
"Mark J. Morabito"
Executive Chairman
Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.
For more information, please contact:
Toll Free: 1-833-226-5387
Email: investor.relations@jetlines.ca
PDGO 0003 big volume
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PZOO 0005 consolidation for move up
PDGO 0003 4 mil on ask looks like getting loaded
BRNE 0011 400 MIL A/S
EMBR 0013 going
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