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Montreal Saint Hubert Airport situated in Longueuil, Quebec announces partnership with Canada Jetlines
https://www.newswire.ca/news-releases/montreal-saint-hubert-airport-situated-in-longueuil-quebec-announces-partnership-with-canada-jetlines-700014942.html
LONGUEUIL, QC, Nov. 8, 2018 /CNW Telbec/ - Montreal Saint Hubert Airport (YHU) and Canada Jetlines Ltd. (TSXV: JET) are proud to announce new Ultra Low Cost Carrier (ULCC) services for the Montreal area in Quebec.
Jetlines' aircraft roll-out strategy combined with the airport's recent refurbishment of its main runway and its plan to build a passenger terminal building could bring Jetlines to the province as early as 2020.
"We are delighted at the prospect of partnering with Jetlines to offer ULCC service to the Montreal and Montérégie regions. Given the renewed interest by scheduled carriers to operate at the airport, we will accelerate our efforts to secure a designated airport status which will enable us to provide security screening services from the Canadian Air Transport Security Authority (CATSA) at an affordable rate. At the same time, our intention is to obtain customs and immigration services from the Canada Border Services Agency (CBSA) in order to offer transborder flights, which will allow us to recapture the exodus of Quebec passengers who travel to US airports for their flights. These two conditions, which depend solely on federal government decisions, are necessary for us to be able to partner with air carriers of Jetlines' caliber. We will be reaching out to Minister Marc Garneau and our elected officials to accelerate these decisions. We share the federal government's stated goal to offer affordable and efficient services to Canadians and our partnership with Jetlines is an important step towards that goal." said Jane Foyle, General Manager of DASH-L, the non-profit organization that manages the airport.
"We are excited to enter into this partnership with Montreal Saint-Hubert Airport and support its vision of building a low-cost alternative airport in the Montreal region. Montreal travellers deserve a low cost domestic option and those looking for low cost air travel options destined south should not have to drive across the border to Plattsburgh. The airport has our full support and we look forward to working together to design and build what will be become Jetlines base in Montreal." stated Javier Suarez, CEO of Jetlines. "Longueuil is a short commute out of the downtown core of Montreal, and our passengers will not only benefit from ultra-low airfares, they will also have convenient access to a new purpose-built low-cost facility near downtown Montreal."
"With this new service, our airport will be one step closer to becoming the low-cost airport of choice in the Montreal area." stated Jane Foyle.
About Montreal Saint-Hubert Longueuil Airport
Strategically located in Longueuil, Quebec, just 15 minutes from downtown Montreal, Montreal Saint-Hubert Airport 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.
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.
SOURCE Développement Aéroport de Saint-Hubert de Longueuil
For further information: Ms. Jane Foyle, General Manager, 450 678-6030
Related Links
http://www.dashl.ca
Jetlines Announces Industry Veteran and Former Southwest Airlines Executive as Chief Operating Officer
https://globenewswire.com/news-release/2018/11/01/1640863/0/en/Jetlines-Announces-Industry-Veteran-and-Former-Southwest-Airlines-Executive-as-Chief-Operating-Officer.html
VANCOUVER, British Columbia, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce the appointment of industry veteran and former Southwest Airlines executive, Mr. Michael Bata as Chief Operations Officer, effective November 1, 2018. Michael is a seasoned aviation veteran with over 35 years experience in the aviation industry and has held positions with multiple fortune 100 and 500 companies.
“I am thrilled to welcome Michael to our Jetlines team. He brings the right experience and an outstanding attitude that will help build the foundation for Jetlines’ future. His entrepreneurial spirit and track-record of tight operational control will be an asset as we move closer to first flight and continue to build the team,” commented Javier Suarez, CEO of Jetlines.
Michael Bata commented, “I am very excited and look forward to working with all of the Jetlines’ teams. Coming from an industry leader like Southwest Airlines then continuing with Vueling and JetSuite, I understand the value of a strong, unique, positive, company culture which can only be realized by supporting a talented and dynamic team. Together we will be hyper focused on maintaining detailed operational control which is paramount for low-cost carriers. Javier and the current management team have done a great job so far and I look forward to being a part of Jetlines’ success as we prepare for our launch and into the future.”
In addition to his Southwest Airlines Experience, Michael held the role of Chief Operating Officer at JetSuite and JetSuiteX, the fourth-largest private jet charter company in the United States, with flights to over 3,000 destinations in Canada, the US, Mexico, and the Caribbean. During this time, Michael led operational teams including Pilots, Maintenance & Engineering, and Ground Operations; successfully developing initiatives that improved aircraft on ground recovery time by 73%.
Prior to JetSuite, Michael was Chief Operating Officer at Vueling Airlines, one of fastest-growing LCCs in Europe. At Vueling with Michaels leadership, Michael and his teams successfully lowered long term maintenance costs by €290 million through strategic sourcing projects, as well as developed and implemented a number of fuel savings and operational procedures initiatives that resulted in annual projected savings of an additional €30 million.
During his nine years at Southwest Airlines, the largest LCC in the world, Michael held senior roles with Southwest Airlines. As the Director of Maintenance, Michael was responsible for all maintenance and engineering operations of the Western Region, leading a team of 665 employees and maintaining a USD $459 million annual budget. Michael implemented new procedures to ensure timely, compliant check and repair of all aircraft in his region and was instrumental in reducing costs and managing a more efficient budget.
Michael is a commercial pilot with multiple ratings and over 3,500 hours of flight time logged.
In connection with his appointment as Chief Operating Officer, Mr. Bata will be granted 750,000 Restricted Share Units (“RSUs”). The RSUs vest over a three-year period from the date of grant, with one third vesting at the end of each year during the three-year period.
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.
Jetlines Prepares to Soar with Cossette
https://globenewswire.com/news-release/2018/10/30/1638892/0/en/Jetlines-Prepares-to-Soar-with-Cossette.html
VANCOUVER, British Columbia, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce that it has selected two-time Agency of the Year winner, Cossette, as its marketing agency of record. Known for its bold, creative-first approach, Cossette will be charged with developing all of the Company’s marketing and communication initiatives.
Cossette’s expertise in strategy and branding, traditional and digital communications, design, CRM, and performance media will be invaluable in creating a brand Canadians can rally around. Cossette’s ability to understand Jetlines’ unique market, combined with its speciality in disruptive thinking and culture-shifting content creation, will help realize Jetlines’ mission to be Canada’s ultra-low-cost airline of choice.
With offices nationwide, Cossette’s thorough understanding of Canadian culture will help Jetlines attract a diverse array of cost-conscious travellers.
Cossette will work collaboratively with Jetlines to create an impactful campaign for Jetlines’ initial launch and provide ongoing insight and input for future marketing initiatives.
“Jetlines is not meant to be just another airline,” stated CEO, Javier Suarez. “We’re here to challenge the way things have been done in the past and introduce Canadians to a new way of flying. Canadians have been overpaying for airfares for far too long but next summer 2019, things are going to change. We’re beyond excited to have Cossette join us in our rebellion against high airfares!”
“It’s rare—and exciting—to partner with a client who permits you the opportunity to truly test the boundaries of customer experience,” noted Nadine Cole, Senior Vice President and General Manager of Cossette. “Javier is pushing us to imagine how the airline industry can be completely reinvented. A natural strategic thinker—he doesn't stop the process, he builds on it and makes it better.”
About Cossette
Cossette is a fully integrated marketing communications agency. It is a community of 700 creative humans who help people and brands connect in meaningful ways. Cossette was named Agency of the Year in Canada in 2016 and 2017. It currently has offices in Halifax, Quebec City, Montreal, Toronto and Vancouver, and has been making strides to become a major player in the global advertising community. To learn more, visit cossette.com.
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 ULCC 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.
Jetlines Selects CAE for Airbus A320 Pilot Training
https://globenewswire.com/news-release/2018/10/23/1625524/0/en/Jetlines-Selects-CAE-for-Airbus-A320-Pilot-Training.html
VANCOUVER, British Columbia, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce the signing of an exclusive Airbus A320 pilot training agreement with global aviation training leader CAE (NYSE: CAE; TSX: CAE). Starting in the first half of 2019, CAE instructors will train Jetlines’ pilots at CAE’s training centre in Montreal using the latest training equipment suite.
In addition, the airline’s pilots will have access, on-site and remotely, to the most advanced training material, leveraging Pelesys, a CAE company, for Airbus A320 comprehensive ground-school training solutions. This holistic training solutions experience reduces the time spent in the classroom and will allow crews to be more productive while ensuring their technical knowledge is maintained at the highest standards.
Vic Charlebois, VP Flight Operations commented, “I have long regarded CAE and Pelesys as premier providers of aviation training solutions. Jetlines is eager to support Canadian aviation and encourage growth in all of our industries. There are notable benefits to using a local Canadian company, one of which is the close collaboration to customize training programs for Jetlines’ procedures, another is keeping our costs down by having simulators locally accessible.”
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.
Jetlines Makes Additional Payment for Takeoff under AerCap Lease Agreement
https://globenewswire.com/news-release/2018/10/11/1619772/0/en/Jetlines-Makes-Additional-Payment-for-Takeoff-under-AerCap-Lease-Agreement.html
October 11, 2018 05:30 ET | Source: Canada Jetlines Ltd.
VANCOUVER, British Columbia, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce that further to its news release of June 13, 2018, it has completed a second set of advance lease payments to AerCap, a global leader in aircraft leasing and aviation finance, for two Airbus A320 aircraft. Delivery of Airbus A320 MSNs 2594 and 2663 are expected by early Q2 of 2019. Both aircraft are currently with Air New Zealand and are approaching end of lease service with the airline. Jetlines has made another deposit to AerCap for USD $438,000 per the terms of the agreement and in demonstration of the continued partnership. To date Jetlines has made payments totalling USD $2,190,000 toward securing these aircraft.
AerCap is the world's largest independent aircraft leasing company with a well-diversified portfolio of high-quality aircraft. They provide aircraft to a global network of approximately 200 airline customers in approximately 80 countries and is recognized as the most active aircraft trader globally. The two committed Airbus A320’s are sister aircraft, having virtually identical conformity in design, features, and equipment, allowing Jetlines to expedite the necessary training and maintenance processes to commence operations at an earlier date. The sister aircraft are approximately 12 years old.
Jetlines Advances Licencing Process with Submission to Transport Canada
https://www.newswire.ca/news-releases/jetlines-advances-licencing-process-with-submission-to-transport-canada-693129811.html
VANCOUVER, Sept. 13, 2018 /CNW/ - Canada Jetlines Ltd. (JET: TSX-V) (the "Company" or "Jetlines") is pleased to announce that the Company successfully submitted operations manuals to Transport Canada in order to receive its Air Operator Certificate ("AOC") in preparation for first flight in 2019.
The Company has achieved a major milestone in the Project Plan with the submission of the operations manuals. Weekly updates have been provided to the Principal Operations Inspector and Jetlines has completed the amendment of required manuals to Airbus A320 operations and has provided these documents to the regulatory authority.
Jetlines Welcomes Proven Ultra-Low Cost Airline Executive as New CEO
https://globenewswire.com/news-release/2018/09/11/1569126/0/en/Jetlines-Welcomes-Proven-Ultra-Low-Cost-Airline-Executive-as-New-CEO.html
VANCOUVER, British Columbia, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce the appointment of Mr. Javier Suarez as Chief Executive Officer of the Company after being promoted from the role of Chief Commercial Officer.
Javier is replacing the Company’s former CEO, Mr. Lukas Johnson. Mr. Johnson recently informed the Company that he will be returning to the United States for personal and family reasons. Prior to his departure, he is showing his support for Jetlines and its new CEO by investing $700,000 into the Company.
JETMF 0.46 GAP UP imminent one of these mornings news usually comes out before market opens
Down payment for the planes already made read the last 10 news articles
All traders that know me here listen JETMF one of these mornings this will gap up huge , I am letting you all know so that at least you have chance while you are able to buy at this price if you haven’t yet , News is usually released before market opens
This took place already JETMF This happened already Jetlines Makes Additional Payment for Takeoff under AerCap Lease Agreement
https://globenewswire.com/news-release/2018/10/11/1619772/0/en/Jetlines-Makes-Additional-Payment-for-Takeoff-under-AerCap-Lease-Agreement.html
This happened already Jetlines Makes Additional Payment for Takeoff under AerCap Lease Agreement
https://globenewswire.com/news-release/2018/10/11/1619772/0/en/Jetlines-Makes-Additional-Payment-for-Takeoff-under-AerCap-Lease-Agreement.html
October 11, 2018 05:30 ET | Source: Canada Jetlines Ltd.
VANCOUVER, British Columbia, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce that further to its news release of June 13, 2018, it has completed a second set of advance lease payments to AerCap, a global leader in aircraft leasing and aviation finance, for two Airbus A320 aircraft. Delivery of Airbus A320 MSNs 2594 and 2663 are expected by early Q2 of 2019. Both aircraft are currently with Air New Zealand and are approaching end of lease service with the airline. Jetlines has made another deposit to AerCap for USD $438,000 per the terms of the agreement and in demonstration of the continued partnership. To date Jetlines has made payments totalling USD $2,190,000 toward securing these aircraft.
AerCap is the world's largest independent aircraft leasing company with a well-diversified portfolio of high-quality aircraft. They provide aircraft to a global network of approximately 200 airline customers in approximately 80 countries and is recognized as the most active aircraft trader globally. The two committed Airbus A320’s are sister aircraft, having virtually identical conformity in design, features, and equipment, allowing Jetlines to expedite the necessary training and maintenance processes to commence operations at an earlier date. The sister aircraft are approximately 12 years old.
JETMF 0.46 pretty soon will be at 0.50 more news coming next week approval with Canadian government is the process
EGOC 0006 hitting now
I really hope so been hold8ng this forever
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JETMF 0.46 News out Southwest executive CEO of Canadian Jetlines down payment for planes submitted
Will be trading in $ very soon
JETMF 0.46 News out Southwest executive CEO of Canadian Jetlines down payment for planes submitted
JETMF 0.46 Canadian Jetlines news out down payment for planes submitted this going trade in $ in a couple months worth to DD Financing lined up board member with experienced starting new airlines
Check the last 10 news releases , down payment for planes submitted financing lined up and board members with experience from other airlines working with Canadian government for approvals now 2 planes to be delivered soon worth to buy at this level it should be trading in $ in afew months
Real investment here news out JETMF 0.46 Canada Jetlines Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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
JETMF 0.46 will be trading at $3 Canada Jetlines Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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
JETMF 0.46 don’t sleep $3 coming more news Canada Jetlines Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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 Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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 Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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
Hope you are in for the Ride JETMF starting in February more announcements as we get closer to get closer to approval by Canadian government
Canada Jetlines Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to the countries and airports that Jetlines intends to service, Jetlines ability to operate from these airports successfully, the commencement of operations and the success of expected future operations of the Company.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or " or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things the receipt of financing to commence airline operations, the accuracy, reliability and success of the Jetlines’ business model; the timely receipt of governmental approvals; the timely commencement of operations by Jetlines and the success of such operations; the legislative and regulatory environments of the jurisdictions where the Jetlines will carry on business or have operations; the impact of competition and the competitive response to the Jetlines’ business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms and in a timely manner to meet aircraft lease, regulatory and other financial commitments required for start-up, the impact of general economic conditions, domestic and international airline industry conditions, future relations with SmartLynx, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement Jetlines’ operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; risks related to disputes under the agreement with Boeing to acquire 737-Max aircraft, and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
Jetlines Logo_WithTag.jpg
Canada Jetlines Reaches Agreements with Winnipeg and Kelowna Airports
Press Release | 01/31/2019
VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide ultra-low fare service from both the Kelowna International Airport (YLW) and the Winnipeg James Armstrong Richardson International Airport (YWG).
CEO Javier Suarez stated “we are thrilled to announce that we intend to operate out of more Canadian airports. Our very low fares should encourage people in Winnipeg and Kelowna to travel more often and see more of their own country. Similarly, driven by these low fares, both markets should experience an increase in the number of tourists in their regions. The addition of these airports will extend our reach, giving Jetlines future access to more large populations and strong markets.”
“We are excited to welcome Jetlines to Winnipeg Richardson International Airport,” said Barry Rempel, President and CEO of Winnipeg Airports Authority. “The addition of Jetlines to this market gives travellers another low-cost option to explore all this city and province have to offer.”
Sam Samaddar, Airport Director, Kelowna International Airport commented, “we are excited to see Canada Jetlines come to Kelowna. Adding another ultra-low-cost-carrier to YLW will give residents more flight options, and visitors more opportunities to experience all that the Okanagan has to offer.”
The Company’s ability to service these airports 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
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to the countries and airports that Jetlines intends to service, Jetlines ability to operate from these airports successfully, the commencement of operations and the success of expected future operations of the Company.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or " or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things the receipt of financing to commence airline operations, the accuracy, reliability and success of the Jetlines’ business model; the timely receipt of governmental approvals; the timely commencement of operations by Jetlines and the success of such operations; the legislative and regulatory environments of the jurisdictions where the Jetlines will carry on business or have operations; the impact of competition and the competitive response to the Jetlines’ business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms and in a timely manner to meet aircraft lease, regulatory and other financial commitments required for start-up, the impact of general economic conditions, domestic and international airline industry conditions, future relations with SmartLynx, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement Jetlines’ operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; risks related to disputes under the agreement with Boeing to acquire 737-Max aircraft, and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
Jetlines Logo_WithTag.jpg
Canada Jetlines Reaches Agreement with Aerodom for Flights to Dominican Republic Airports
https://globenewswire.com/news-release/2019/01/29/1706618/0/en/Canada-Jetlines-Reaches-Agreement-with-Aerodom-for-Flights-to-Dominican-Republic-Airports.htmlVANCOUVER, British Columbia, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide future service to several sun destinations in the Dominican Republic including Puerto Plata, Samaná, and Santo Domingo.
Jetlines has reached an agreement with Aeropuertos Dominicanos Siglo XXI (“Aerodom”) to provide future service to Puerto Plata’s Gregorio Luperón International Airport (POP) and the Samaná El Catey International Airport (AZS), or Santo Domingo Airport (SDQ). Aerodom manages and operates several airports in the Dominican Republic, servicing an average of over 5 million passengers travelling to 58 cities around the world annually.
Jetlines CEO, Javier Suarez commented, “We are very excited to announce future service to these destinations. Adding these Caribbean airports to our network will enable Canadian’s to travel affordably during the cold winter season. Our very low fares will allow our customers to visit these destinations at a very low cost. Dominican Republic is one of the fastest-growing and most-visited tourist destinations in the Caribbean and the diverse geography, rich culture, and warm hospitality make it an attractive vacation spot for many Canadians.”
“We are delighted to enter into a partnership with Canada Jetlines, which will allow more Canadian tourists to visit the nearly 1,000 miles of coastline, magnificent resorts and hotels, and a variety of sports, recreation and entertainment options that the Dominican Republic has to offer. Without a doubt all our visitors will have a wonderful time in Samaná, Puerto Plata and Santo Domingo. Aerodom will continue to work to provide passengers with the best airport experience and to continuously have more routes served and more airlines operating at our airports.” said Alvaro Leite, Chief Commercial Officer, Aerodom.
The Company’s ability to service these routes is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals. The exact arrival and departure airports for routes to the Dominican Republic will be determined once regulatory approvals are received.
About Aeropuertos Dominicanos Siglo XXI
Aeropuertos Dominicanos Siglo XXI (Aerodom), a subsidiary of VINCI Airports, is one of the biggest airport operators in Central America and the Caribbean. The company has a concession contract with the Dominican Government to develop, operate and manage six airports in the Dominican Republic until 2030. The airports include Las Americas International Airport in Santo Domingo, which serves as the principal international gateway to the country’s capital and is the second-largest airport in terms of passengers; Gregorio Luperón in Puerto Plata; Presidente Juan Bosch and Arroyo Barril, both near Samana; La Isabela in the city of Santo Domingo; and Maria Montez in Barahona.
For more information, visit www.aerodom.com.
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 Reaches Agreement with Aerodom for Flights to Dominican Republic Airports
https://globenewswire.com/news-release/2019/01/29/1706618/0/en/Canada-Jetlines-Reaches-Agreement-with-Aerodom-for-Flights-to-Dominican-Republic-Airports.htmlVANCOUVER, British Columbia, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide future service to several sun destinations in the Dominican Republic including Puerto Plata, Samaná, and Santo Domingo.
Jetlines has reached an agreement with Aeropuertos Dominicanos Siglo XXI (“Aerodom”) to provide future service to Puerto Plata’s Gregorio Luperón International Airport (POP) and the Samaná El Catey International Airport (AZS), or Santo Domingo Airport (SDQ). Aerodom manages and operates several airports in the Dominican Republic, servicing an average of over 5 million passengers travelling to 58 cities around the world annually.
Jetlines CEO, Javier Suarez commented, “We are very excited to announce future service to these destinations. Adding these Caribbean airports to our network will enable Canadian’s to travel affordably during the cold winter season. Our very low fares will allow our customers to visit these destinations at a very low cost. Dominican Republic is one of the fastest-growing and most-visited tourist destinations in the Caribbean and the diverse geography, rich culture, and warm hospitality make it an attractive vacation spot for many Canadians.”
“We are delighted to enter into a partnership with Canada Jetlines, which will allow more Canadian tourists to visit the nearly 1,000 miles of coastline, magnificent resorts and hotels, and a variety of sports, recreation and entertainment options that the Dominican Republic has to offer. Without a doubt all our visitors will have a wonderful time in Samaná, Puerto Plata and Santo Domingo. Aerodom will continue to work to provide passengers with the best airport experience and to continuously have more routes served and more airlines operating at our airports.” said Alvaro Leite, Chief Commercial Officer, Aerodom.
The Company’s ability to service these routes is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals. The exact arrival and departure airports for routes to the Dominican Republic will be determined once regulatory approvals are received.
About Aeropuertos Dominicanos Siglo XXI
Aeropuertos Dominicanos Siglo XXI (Aerodom), a subsidiary of VINCI Airports, is one of the biggest airport operators in Central America and the Caribbean. The company has a concession contract with the Dominican Government to develop, operate and manage six airports in the Dominican Republic until 2030. The airports include Las Americas International Airport in Santo Domingo, which serves as the principal international gateway to the country’s capital and is the second-largest airport in terms of passengers; Gregorio Luperón in Puerto Plata; Presidente Juan Bosch and Arroyo Barril, both near Samana; La Isabela in the city of Santo Domingo; and Maria Montez in Barahona.
For more information, visit www.aerodom.com.
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
WANT A REAL INVESTMENT ? JETMF 0.45 Canadian Jetlines set to FLY ina few months
Here is your chance to buy Ground Floor before this trades at $3 or more read the latest News company put a down payment for planes , Financing is lined up, And the Canadian Government is working along with them for licensing approval is worth to keep an eye look at the last 7 news releases board Member have experience in low cost air fares also some are part of other airlines
WANT A REAL INVESTMENT ? JETMF 0.45 Canadian Jetlines set to FLY ina few months
Here is your chance to buy Ground Floor before this trades at $3 or more read the latest News company put a down payment for planes , Financing is lined up, And the Canadian Government is working along with them for licensing approval FYI
WANT A REAL INVESTMENT ? JETMF 0.45 Canadian Jetlines set to FLY ina few months
Here is your chance to buy Ground Floor before this trades at $3 or more read the latest News company put a down payment for planes , Financing is lined up, And the Canadian Government is working along with them for licensing approval FYI
I just send it to you now because more news will be rolling look at the last 7 news release
Canada Jetlines Reaches Agreement with Aerodom for Flights to Dominican Republic Airports
Will be trading more than $3. fYI now trading about 0.46
https://globenewswire.com/news-release/2019/01/29/1706618/0/en/Canada-Jetlines-Reaches-Agreement-with-Aerodom-for-Flights-to-Dominican-Republic-Airports.htmlVANCOUVER, British Columbia, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide future service to several sun destinations in the Dominican Republic including Puerto Plata, Samaná, and Santo Domingo.
Jetlines has reached an agreement with Aeropuertos Dominicanos Siglo XXI (“Aerodom”) to provide future service to Puerto Plata’s Gregorio Luperón International Airport (POP) and the Samaná El Catey International Airport (AZS), or Santo Domingo Airport (SDQ). Aerodom manages and operates several airports in the Dominican Republic, servicing an average of over 5 million passengers travelling to 58 cities around the world annually.
Jetlines CEO, Javier Suarez commented, “We are very excited to announce future service to these destinations. Adding these Caribbean airports to our network will enable Canadian’s to travel affordably during the cold winter season. Our very low fares will allow our customers to visit these destinations at a very low cost. Dominican Republic is one of the fastest-growing and most-visited tourist destinations in the Caribbean and the diverse geography, rich culture, and warm hospitality make it an attractive vacation spot for many Canadians.”
“We are delighted to enter into a partnership with Canada Jetlines, which will allow more Canadian tourists to visit the nearly 1,000 miles of coastline, magnificent resorts and hotels, and a variety of sports, recreation and entertainment options that the Dominican Republic has to offer. Without a doubt all our visitors will have a wonderful time in Samaná, Puerto Plata and Santo Domingo. Aerodom will continue to work to provide passengers with the best airport experience and to continuously have more routes served and more airlines operating at our airports.” said Alvaro Leite, Chief Commercial Officer, Aerodom.
The Company’s ability to service these routes is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals. The exact arrival and departure airports for routes to the Dominican Republic will be determined once regulatory approvals are received.
About Aeropuertos Dominicanos Siglo XXI
Aeropuertos Dominicanos Siglo XXI (Aerodom), a subsidiary of VINCI Airports, is one of the biggest airport operators in Central America and the Caribbean. The company has a concession contract with the Dominican Government to develop, operate and manage six airports in the Dominican Republic until 2030. The airports include Las Americas International Airport in Santo Domingo, which serves as the principal international gateway to the country’s capital and is the second-largest airport in terms of passengers; Gregorio Luperón in Puerto Plata; Presidente Juan Bosch and Arroyo Barril, both near Samana; La Isabela in the city of Santo Domingo; and Maria Montez in Barahona.
For more information, visit www.aerodom.com.
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 Reaches Agreement with Aerodom for Flights to Dominican Republic Airports
https://globenewswire.com/news-release/2019/01/29/1706618/0/en/Canada-Jetlines-Reaches-Agreement-with-Aerodom-for-Flights-to-Dominican-Republic-Airports.htmlVANCOUVER, British Columbia, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide future service to several sun destinations in the Dominican Republic including Puerto Plata, Samaná, and Santo Domingo.
Jetlines has reached an agreement with Aeropuertos Dominicanos Siglo XXI (“Aerodom”) to provide future service to Puerto Plata’s Gregorio Luperón International Airport (POP) and the Samaná El Catey International Airport (AZS), or Santo Domingo Airport (SDQ). Aerodom manages and operates several airports in the Dominican Republic, servicing an average of over 5 million passengers travelling to 58 cities around the world annually.
Jetlines CEO, Javier Suarez commented, “We are very excited to announce future service to these destinations. Adding these Caribbean airports to our network will enable Canadian’s to travel affordably during the cold winter season. Our very low fares will allow our customers to visit these destinations at a very low cost. Dominican Republic is one of the fastest-growing and most-visited tourist destinations in the Caribbean and the diverse geography, rich culture, and warm hospitality make it an attractive vacation spot for many Canadians.”
“We are delighted to enter into a partnership with Canada Jetlines, which will allow more Canadian tourists to visit the nearly 1,000 miles of coastline, magnificent resorts and hotels, and a variety of sports, recreation and entertainment options that the Dominican Republic has to offer. Without a doubt all our visitors will have a wonderful time in Samaná, Puerto Plata and Santo Domingo. Aerodom will continue to work to provide passengers with the best airport experience and to continuously have more routes served and more airlines operating at our airports.” said Alvaro Leite, Chief Commercial Officer, Aerodom.
The Company’s ability to service these routes is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals. The exact arrival and departure airports for routes to the Dominican Republic will be determined once regulatory approvals are received.
About Aeropuertos Dominicanos Siglo XXI
Aeropuertos Dominicanos Siglo XXI (Aerodom), a subsidiary of VINCI Airports, is one of the biggest airport operators in Central America and the Caribbean. The company has a concession contract with the Dominican Government to develop, operate and manage six airports in the Dominican Republic until 2030. The airports include Las Americas International Airport in Santo Domingo, which serves as the principal international gateway to the country’s capital and is the second-largest airport in terms of passengers; Gregorio Luperón in Puerto Plata; Presidente Juan Bosch and Arroyo Barril, both near Samana; La Isabela in the city of Santo Domingo; and Maria Montez in Barahona.
For more information, visit www.aerodom.com.
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
JETMF On June 13, 2018, Jetlines announced that it had partnered with AerCap, a global leader in aircraft leasing and aviation finance, to sign a Definitive Lease Agreement for two Airbus A320 aircraft. Delivery of the two aircraft is expected by the first half of 2019.[9]
Coming to reality is trading at 0.46 or so Financing lined up down payment for planes given and
Licensing process taking place
BIG $$$ com8ng to this one read the news Canada Jetlines Reaches Agreement with Aerodom for Flights to Dominican Republic Airports
https://globenewswire.com/news-release/2019/01/29/1706618/0/en/Canada-Jetlines-Reaches-Agreement-with-Aerodom-for-Flights-to-Dominican-Republic-Airports.htmlVANCOUVER, British Columbia, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce it intends to provide future service to several sun destinations in the Dominican Republic including Puerto Plata, Samaná, and Santo Domingo.
Jetlines has reached an agreement with Aeropuertos Dominicanos Siglo XXI (“Aerodom”) to provide future service to Puerto Plata’s Gregorio Luperón International Airport (POP) and the Samaná El Catey International Airport (AZS), or Santo Domingo Airport (SDQ). Aerodom manages and operates several airports in the Dominican Republic, servicing an average of over 5 million passengers travelling to 58 cities around the world annually.
Jetlines CEO, Javier Suarez commented, “We are very excited to announce future service to these destinations. Adding these Caribbean airports to our network will enable Canadian’s to travel affordably during the cold winter season. Our very low fares will allow our customers to visit these destinations at a very low cost. Dominican Republic is one of the fastest-growing and most-visited tourist destinations in the Caribbean and the diverse geography, rich culture, and warm hospitality make it an attractive vacation spot for many Canadians.”
“We are delighted to enter into a partnership with Canada Jetlines, which will allow more Canadian tourists to visit the nearly 1,000 miles of coastline, magnificent resorts and hotels, and a variety of sports, recreation and entertainment options that the Dominican Republic has to offer. Without a doubt all our visitors will have a wonderful time in Samaná, Puerto Plata and Santo Domingo. Aerodom will continue to work to provide passengers with the best airport experience and to continuously have more routes served and more airlines operating at our airports.” said Alvaro Leite, Chief Commercial Officer, Aerodom.
The Company’s ability to service these routes is subject to the completion of the airline licensing process and the receipt of applicable regulatory approvals. The exact arrival and departure airports for routes to the Dominican Republic will be determined once regulatory approvals are received.
About Aeropuertos Dominicanos Siglo XXI
Aeropuertos Dominicanos Siglo XXI (Aerodom), a subsidiary of VINCI Airports, is one of the biggest airport operators in Central America and the Caribbean. The company has a concession contract with the Dominican Government to develop, operate and manage six airports in the Dominican Republic until 2030. The airports include Las Americas International Airport in Santo Domingo, which serves as the principal international gateway to the country’s capital and is the second-largest airport in terms of passengers; Gregorio Luperón in Puerto Plata; Presidente Juan Bosch and Arroyo Barril, both near Samana; La Isabela in the city of Santo Domingo; and Maria Montez in Barahona.
For more information, visit www.aerodom.com.
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