Canada Jetlines (Cboe CA:CJET) Forges Partnership with European Carrier

TORONTO, ON / ACCESSWIRE / March 5, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company") announced a strategic wet lease agreement with a prominent European carrier. The agreement underscores the surging global demand for A320 aircraft.

Set to begin with one aircraft in late April 2024 for a period of 6 months and with a second aircraft in late June for a period of 3 months, the collaboration reflects Canada Jetlines operational ability in maximizing fleet utilization by deploying its aircraft and crew to Europe in the summer.

Eddy Doyle, Jetlines CEO, stated, "In January, we announced the expansion of our fleet to 6 aircraft. The utilization of these planes is widely needed in Europe during their busy season. The two planes will return to Canada for our busy fall/winter travel period to leisure destinations. This partnership underscores our commitment to maximizing efficiency and meeting the seasonal demands of our customers."

Canada Jetlines' summer schedule includes the following destinations:

• Toronto (YYZ) to Halifax (YHZ)
• Halifax (YHZ) to Orlando (MCO)
• Toronto (YYZ) to Orlando (MCO)
• Toronto (YYZ) to Montego Bay (MBJ)
• Toronto (YYZ) to Cancun (CUN)

Foto: Accesswire

About Canada Jetlines

Canada Jetlines Operations Ltd. (Cboe CA:CJET), trading as "Canada Jetlines," 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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Alyssa Barry
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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 the Company's intention to operate as a leisure airline, the number of aircraft it intends to operate, the destinations of intended flights, the frequency of flights, the terms of the wet lease agreement, the Company maximizing its fleet utilization, the anticipated busy fall/winter travel period to leisure destinations, and Jetlines maximizing efficiency and meeting the seasonal demands of its customers, and business of Jetlines.