Tuesday, May 1, 2018

Canada Jetlines Ltd. - JET.v

Canada Jetlines Ltd. - JET.v is set to become Canada’s first ultra-low fare airline. Jetlines was created to serve the millions of Canadians living in unserved or underserved markets across the country.
On May 8, 2018 the co released News

Canada Jetlines to lease two Airbus A320 aircraft

Canada Jetlines Ltd. has provided an update on recent corporate developments related to aircraft acquisition. Jetlines concluded a term sheet on April 23, 2018, to lease two Airbus A320 aircraft and made a deposit payment of $876,000 (U.S.). The term sheet is subject to executing a definitive lease agreement and other conditions customary to a transaction of this nature. Once a definitive lease agreement is concluded for these aircraft, the company will be able to provide new guidance to the market on its projected start-up date and aircraft delivery schedule.