JW Value Stocks

[benosufan]

TRAX news today mentioning JETMF...early 2nd Q is the expected delivery of the 2 airbus jets.

https://www.prnewswire.com/news-releases/startup-carrier-canada-jetlines-launches-with-emro-300814599.html

MIAMI, March 19, 2019 /PRNewswire/ -- In keeping with its mission to provide Canadians with "the best value in air travel with a focus on safety and reliability", startup ultra-low cost carrier Canada Jetlines has selected the web-based TRAX eMRO software as its ERP maintenance solution. "TRAX's products provide the means to manage and maintain all information generated and allows for complete information flow with leading-edge tools for customization that will enable Jetlines to maintain an efficient process and tight cost control as a result," said Phillip Larsen, Vice President of Maintenance.

Jetlines is set to fly across Canada and offer non-stop service from Canada to the United States, Mexico and the Caribbean. The carrier plans to fly some 27 routes, including to unserved or underserved markets by other airlines, such as Hamilton, Ontario to Halifax, Nova Scotia. Delivery of two Airbus A320s are expected by early 2nd quarter of 2019, with long term plans to expand to 24 aircraft. The sister aircraft have a high-density seating configuration of a single class seating capacity of 180 seats. An Airbus A320 fleet was selected based on its fuel-efficient narrow-body framework, making it an ideal choice for Jetlines to start operations with.

The TRAX eMRO software is a web-based, device-agnostic ERP product that will keep its users connected from where ever they work. It is a complete system with complete information flow. The numerous system modules cover technical, maintenance, materials, financial, and quality management to help reduce downtime, provide access to real-time data, and ensure full regulatory compliance.

About TRAX
TRAX provides comprehensive software solutions designed to cater to all aspects of aircraft maintenance management. With over 170 customers, TRAX is the best-of-breed global provider of aviation maintenance mobile and cloud products in the market today. TRAX products support digital signatures, paperless Workpacks and manuals, RFID-capability for logistics, Biometric security, offline capability for mobile apps, web-based applications and the ability for users to work anywhere with easy access to real-time information.

SOURCE TRAX