11:39:27 EDT Sat 18 May 2024
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Canada Jetlines Operations Ltd
Symbol CJET
Shares Issued 114,201,273
Close 2024-01-08 C$ 0.175
Market Cap C$ 19,985,223
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Canada Jetlines Operations leases A320-214 aircraft

2024-01-09 12:15 ET - News Release

Mr. Eddy Doyle reports

CANADA JETLINES DOUBLES ITS FLEET TO 6 WITH THE LEASING OF AN A320-214 AIRCRAFT

Canada Jetlines Operations Ltd. has added a new A320-214 aircraft to its fleet. This is in addition to the two aircraft that were announced on Jan. 4, 2024. The company has signed the lease agreement on aircraft bearing MSN 5661. This marks a strategic move to enhance the airline's operational capabilities and meet the growing demand for affordable air travel.

The A320-214 aircraft is expected to be in service by the end of Q1 of 2024. This aircraft will contribute to Canada Jetlines' commitment to expanding its fleet size in the coming year. This development aligns with the airline's mission to provide reliable and cost-effective travel options for travellers.

Eddy Doyle, chief executive officer of Canada Jetlines, stated: "We are pleased with our strong start to the year as we execute our growth strategy. Canada Jetlines is pleased to announce the addition of a new A320-214 aircraft. By doubling our fleet, we are offer more travellers reliable and cost-effective options while adding value for our shareholders. We look forward to deploying this aircraft to serve multiple routes, expanding our reach and serving the growing leisure travel market."

The A320-214 aircraft is renowned for its fuel efficiency, advanced technology and spacious cabin design, offering an enhanced travel experience for passengers. The aircraft will be configured with 174 all-economy seating, including 18 expanded legroom economy seats. The aircraft will be deployed to serve Mexico, Jamaica, Florida and Las Vegas routes, as well as for charter services. Canada Jetlines looks forward to introducing these new additions to its fleet and providing customers choice for leisure-based travel.

About Canada Jetlines Operations Ltd.

Canada Jetlines Operations is a Canadian leisure airline committed to providing an exciting travel experience to its passengers. With a growing network of destinations, Canada Jetlines is dedicated to connecting Canadians with some of the world's most captivating and sought-after locations.

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