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Canada Jetlines

From Wikipedia, the free encyclopedia
Canadian low-cost airline
"Jetlines" redirects here. For other uses, seeJet line.
This article is about a specific airline. For Canadian airlines with jetliners, seeList of airlines of Canada.

Canada Jetlines
IATAICAOCall sign
AUCJL[1]JETBUS[1]
Founded2013
Commenced operationsSeptember 22, 2022; 2 years ago (2022-09-22)
Ceased operationsAugust 15, 2024
Operating basesToronto Pearson International Airport
Fleet size4[2]
Destinations5[3]
Traded asNEOCJET
HeadquartersMississauga,Ontario, Canada
Key people
Employees200
Websitewww.jetlines.com

Canada Jetlines, Ltd., operating and branded asjetlines, was a Canadian airline headquartered inMississauga,Ontario. It operated scheduled and charter flights in the Americas and the Caribbean. The airline launched its inaugural flight on September 22, 2022, fromToronto Pearson toCalgary.

In August 2024, it ceased operations and said that it would seek creditor protection.

History

[edit]

In June 2016, the airline announced that it had asked the Canadian government to relax its legal requirement for Canadian airlines to have no more than 25% foreign ownership, allowing Canada Jetlines to seek foreign investment up to the level of 49% ownership.[5] On November 3, 2016, Transport MinisterMarc Garneau approved Jetlines' request for exemption from the current foreign ownership rules, which allowed the airline to access necessary capital in order to begin operations.[6] The airline has one minority owner from Europe and a board made up of aviation industry members from Europe and the United States.

On November 4, 2016, Canada Jetlines announced that it was planning to launch operations on strong primary and secondary routes by operating scheduled point-to-point jet air service. Jetlines planned to operate flights throughout Canada, the United States, Mexico, and the Caribbean. On September 11, 2017, Canada Jetlines released a map of cities to which it intended to fly by April 2019.[7] On May 8, 2018, Canada Jetlines announced that it would not be leasing twoBoeing 737-800 aircraft as initially planned due to the lessor being unable to confirm a delivery date. Jetlines concluded a term sheet on April 23, 2018, to lease twoAirbus A320 aircraft instead, and made a deposit payment ofUS$876,000.[8][9] On June 13, 2018, Jetlines announced that it had partnered with AerCap, an aircraft leasing and aviation finance company, to sign a Definitive Lease Agreement for two Airbus A320 aircraft. Delivery of the two aircraft was expected by the first half of 2019.[10] On April 4, 2019, Jetlines announced that it intended to launch operations in December 2019 and had subsequently withdrawn from its leasing agreement with AerCap dated April 23, 2018. Jetlines intended to lease its initial aircraft with its partner, SmartLynx Airlines, with delivery of the aircraft occurring in Q4 2019.[11]

On February 28, 2017, Canada Jetlines completed a merger with Jet Metal Corp. Until then, Canada Jetlines was a private company that had raised money over three years with the goal of becoming an ultra low-cost carrier (ULCC). Jet Metal Corp. was a publicly listed company that was previously involved in mineral exploration, but had ceased active operations in 2017. Jet Metal Corp became publicly listed in 2014 as aspecial-purpose acquisition company (SPAC). As aninitial public offering (IPO) process is quite lengthy and expensive, it is easier for private corporations to obtain a public listing through a corporate transaction with an inactive listed company or SPAC. A public listing was sought as it provided greater access to capital given the increased liquidity compared to a private corporation. The common shares of Canada Jetlines trades on the NEO Stock Exchange – with the ticker symbol "CJET".

On April 3, 2019, Jetlines announced its anticipated launch of commercial service to be December 17, 2019 withToronto Pearson International Airport acting as Jetlines' home base. Because of the company's progress, Jetlines and AerCap mutually agreed to cancel their agreement for two A320 leases. In place of that agreement, Jetlines signed a letter of intent withSmartLynx Airlines for two alternate Airbus A320s available for delivery in Q4 2019, which was in line with the planned commencement of the company's operations.[12]

On February 28, 2022, Jetlines' first Airbus A320, C-GCJL, which formerly flew forAvianca andPegasus Airlines,[13] touched down atRegion of Waterloo International Airport. The aircraft was flown fromShannon Airport in Ireland after completing interior refurbishment and repainting.[14] In April 2022, the company announced plans to begin operations in the summer of 2022 with no firm announcement of which destinations would be served first.[15]Toronto Pearson International Airport was later announced as the primary travel hub for the airline.[16] Additional airport confirmations include Montréal'sSaint-Hubert Airport,[17] Puerto Vallarta, Los Cabos, Cancun,[18] Dominican Republic,[19] Winnipeg, Kelowna,[20] and Québec City.[21] On July 19, 2022, the airline announced that it would begin service from Toronto's Pearson Airport to both Moncton and Winnipeg starting on August 15, 2022,[22] however on August 4, 2022, the airline announced that the launch would be postponed by two weeks to August 29, 2022.[23] The airline postponed its launch again to September 22, 2022, by then adjusting its network to instead launch services toCalgary International Airport from Toronto Pearson instead of Moncton and Winnipeg.[24][25]

In October 2022, Canada Jetlines negotiated the acquisition of its second aircraft for delivery on November 30, 2022, expecting to expand to a fleet of 15 aircraft by the end of 2025.[26] In November 2022, the airline announced its first destinations in the United States, consisting of Las Vegas and Melbourne, which were planned to launch in February 2023,[27][28] but had later been postponed.[29] On December 19, 2022, the airline announced that it had received approval from the U.S.Federal Aviation Administration (FAA) to begin operations to the country.[30]

In January 2023, Canada Jetlines halted domestic flights to focus on its foreign travel routes and plane leasing. In June 2024, Eddy Doyle stepped down as CEO. On August 12, 2024, four directors on the board, including chair and CEO Brigitte Goersch, resigned. On August 15, the company paused all operations and said it would seek creditor protection.[31]

Destinations

[edit]

Canada Jetlines operated scheduled flights to the following destinations at the time operations ceased in August 2024.[3] Destinations operated to solely with charter flights are not listed.

CountryCityAirportStart dateEnd dateNotesRefs
CanadaCalgaryCalgary International AirportSeptember 22, 2022January 19, 2023Terminated[32][33]
HalifaxHalifax Stanfield International AirportJune 2, 2024PresentSeasonal[34]
TorontoToronto Pearson International AirportSeptember 22, 2022PresentBase[32]
VancouverVancouver International AirportDecember 9, 2022January 9, 2023Terminated[35][36]
GuyanaGeorgetownCheddi Jagan International AirportOctober 8, 2023Present[37]
JamaicaMontego BaySangster International AirportDecember 9, 2023Present[38]
MexicoCancúnCancún International AirportMarch 3, 2023Present[39]
United StatesLas VegasHarry Reid International AirportFebruary 16, 2023Present[27]
MiamiMiami International AirportJune 29, 2024Present[40]
OrlandoOrlando International AirportOctober 30, 2023Present[41]

Fleet

[edit]

As of March 2024[update], the Canada Jetlines fleet consisted of the following aircraft:[2]

Canada Jetlines fleet
AircraftIn serviceOrdersPassengersNotes
Airbus A320-2004174[42]
Total4

References

[edit]
  1. ^ab"ICAO Designators for Canadian Aircraft Operating Agencies, Aeronautical Authorities and Services"(PDF).Nav Canada. July 11, 2024. p. 4. RetrievedFebruary 26, 2023.Canada Jetlines: CJL, JETBUS
  2. ^ab"Canadian Civil Aircraft Register: Quick Search Result for Canada Jetlines".Transport Canada. RetrievedMarch 22, 2024.
  3. ^ab"Canada Jetlines Network". RetrievedAugust 28, 2023.
  4. ^abcd"Leadership Team". Canada Jetlines. RetrievedOctober 6, 2023.
  5. ^Korstrom, Glen (June 14, 2016)."Canada Jetlines seeks exemption so its foreign investors have more sway".biv.com. Business In Vancouver. RetrievedJuly 17, 2016.
  6. ^"Canada Jetlines and Jet Metal Corporation applaud Transport Minister Marc Garneau for approving exemption request that will allow for the launch of Canada's first Ultra Low Cost Carrier (ULCC)". November 3, 2016. Archived fromthe original on July 7, 2018.
  7. ^"Planned Route Map".Canada Jetlines. Archived fromthe original on September 24, 2017. RetrievedSeptember 19, 2017.
  8. ^"Canada Jetlines Provides Corporate Update". Jetlines. May 8, 2018. RetrievedMay 13, 2018.
  9. ^"Canada Jetlines finalizes Definitive Lease Agreement for Airbus aircraft".aeronauticsonline.com. Archived from the original on August 11, 2018. RetrievedAugust 11, 2018.
  10. ^"Canada Jetlines Prepares for Takeoff with Definitive Lease Agreement for Two Airbus A320 Aircraft". Jetlines. June 13, 2018. Archived fromthe original on June 13, 2018. RetrievedAugust 13, 2018.
  11. ^"Jetlines Announces Anticipated Launch Timing". Jetlines. April 4, 2019. RetrievedApril 8, 2019.
  12. ^"Jetlines anticipated launch timing". Jetlines. RetrievedApril 3, 2019.
  13. ^"Jetlines C-GCJL".
  14. ^"New airline touches down at Waterloo Region's airport".Kitchener. February 28, 2022. RetrievedMarch 1, 2022.
  15. ^"Canada Jetlines to Begin Operations at Toronto Pearson International Airport".Business Wire. April 7, 2022. RetrievedApril 12, 2022.
  16. ^"Canada Jetlines to begin operations at Toronto Pearson".Skies Mag. RetrievedApril 12, 2022.
  17. ^"Jetlines Announces Partnership with Montréal's Saint-Hubert Airport".Canada Jetlines. RetrievedJanuary 21, 2019.
  18. ^"Canada Jetlines Reaches Agreements with Puerto Vallarta, Los Cabos, and Cancun Airports".Canada Jetlines. RetrievedJanuary 21, 2019.
  19. ^"Canada Jetlines Reaches Agreement with Aerodom for Flights to Dominican Republic Airports".Canada Jetlines. RetrievedJanuary 21, 2019.
  20. ^"Canada Jetlines Reaches Agreements with Winnipeg and Kelowna Airports".Jetlines. RetrievedJanuary 21, 2019.
  21. ^"Canada Jetlines and Québec City Airport Sign Agreement".Jetlines. RetrievedJanuary 21, 2019.
  22. ^Liu, Jim (July 19, 2022)."Canada Jetlines schedules mid-August 2022 launch".AeroRoutes. RetrievedJuly 19, 2022.
  23. ^Wolfsteller, Pilar (August 4, 2022)."Canada Jetlines delays first revenue flights to 29 August".FlightGlobal.DVV Media Group. RetrievedAugust 15, 2022.
  24. ^The Canadian Press (September 22, 2022)."Canada Jetlines, the latest airline to enter a crowded field, set to take off".CBC News. RetrievedSeptember 23, 2022.
  25. ^"Canada Jetlines Celebrates Inaugural Flight from Toronto Pearson Airport to Calgary".Financial Post. September 22, 2022. RetrievedSeptember 24, 2022.
  26. ^Hartland, Dave (October 22, 2022)."Canada Jetlines Secures Second Airbus A320, Adds New Route".Avgeekery.com. RetrievedDecember 17, 2022.
  27. ^ab"Canada Jetlines Announces First International Route from Toronto to Las Vegas".Canada Jetlines (Press release).Business Wire. November 8, 2022. RetrievedNovember 10, 2022.
  28. ^"Canada Jetlines Announces New Service from Toronto Pearson to Melbourne Orlando International Airport".Canada Jetlines (Press release).Business Wire. November 10, 2022. RetrievedNovember 10, 2022.
  29. ^Neale, Rick (February 10, 2023)."Canada Jetlines becomes second Ontario airline to postpone service at Melbourne airport".Florida Today. RetrievedFebruary 13, 2023.
  30. ^"Canada Jetlines Receives Final FAA Approval for U.S. Flight Operations".Canada Jetlines (Press release).Business Wire. RetrievedDecember 19, 2022.
  31. ^Reynolds, Christopher (August 15, 2024)."Canada Jetlines grounds flights, halts operations amid financial struggle".Global News.The Canadian Press. RetrievedAugust 15, 2024.
  32. ^abHemmerdinger, Jon (August 26, 2022)."Canada Jetlines delays launch to 22 September".FlightGlobal.DVV Media Group. RetrievedAugust 29, 2022.
  33. ^"CJL121 Flight Tracking and History 19-Jan-2023 (CYYC-CYYZ)".FlightAware. March 13, 2023. RetrievedMarch 13, 2023.
  34. ^"CANADA JETLINES ADDS HALIFAX REGULAR SERVICE FROM JUNE 2024". AeroRoutes. February 12, 2024. RetrievedFebruary 12, 2024.
  35. ^"Canada Jetlines Announces New Route from Toronto Pearson to Vancouver International Airport".Canada Jetlines (Press release).Business Wire. October 20, 2022. RetrievedOctober 20, 2022.
  36. ^"AU137 (CJL137) Jetlines Flight Tracking and History 09-Jan-2023 (CYVR-CYYZ)".FlightAware. January 9, 2023. RetrievedNovember 4, 2023.
  37. ^"Canada Jetlines Schedules Guyana Launch In Early-Oct 2023". AeroRoutes. October 2, 2023. RetrievedOctober 2, 2023.
  38. ^"Canada Jetlines Adds Toronto – Montego Bay From Nov 2023".Aeroroutes. RetrievedAugust 25, 2023.
  39. ^Liu, Jim (January 29, 2023)."Canada Jetlines Plans Cancun Feb 2023 Launch".AeroRoutes. RetrievedJanuary 29, 2023.
  40. ^"Canada Jetlines to launch Toronto-Miami service from 29 June 2024".Centre for Aviation. RetrievedApril 15, 2024.
  41. ^"Jetlines Plans Toronto – Orlando Service in NW23".Aeroroutes. RetrievedAugust 17, 2023.
  42. ^"Canada Jetlines, the latest airline to enter a crowded field, set to take off".CBC News. September 22, 2022. RetrievedSeptember 23, 2022.

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