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Canada Jetlines Operations Ltd N.CJET

Alternate Symbol(s):  CAJTF

Consumer Discretionary
Canada Jetlines Operations Ltd. is a Canada-based leisure-focused air carrier. The Company's principal business activities included operating a value-focused leisure airline and providing Canadians with an option when flying to domestic, United States or Caribbean destinations. The Company uses its fleet to provide corporate customers and brokers charter services and aircraft, crew, maintenance and insurance (ACMI). It is a tour operator with flights into sun destinations in the United States, Mexico and the Caribbean. It operates through the development of a Canadian leisure and charter airline segment. It provides vacation packages to Canadian destinations and beyond through partnerships with airports, CVBs, tourism entities, hotels, hospitality brands, and attractions. It focuses on offering the operating economy, customer comfort and fly-by-wire technology, providing a guest centric experience. Canada Jetlines Vacations Ltd. (Jetlines Vacations) is its wholly owned subsidiary.


NEO:CJET - Post by User

Canada Jetlines Operations Ltd
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•••
Post by CF105on Mar 18, 2024 5:01pm
50 Views
Post# 35939193

Re: Re: Jetlines fleet growing, Jetlines 6th, delivered

Re: Re: Jetlines fleet growing, Jetlines 6th, delivered
March 18, 2024  "...Jetlines, one of Canada's leading leisure airlines, announced the delivery of one (1) Airbus A320-200 on long-term lease from Aviation Capital Group LLC (ACG), a premier global aircraft asset manager. This is the Company's fourth aircraft and it has signed lease agreements for two additional Airbus A320 aircraft that are scheduled for delivery in Q2 2024.
 
Eddy Doyle, Canada Jetlines CEO, stated, "We are excited to partner with Aviation Capital Group LLC and welcome this new addition to our fleet. This A320-200 delivery marks a significant step in our growth strategy, allowing us to enhance our service offerings and expand our operations to better serve our customers. Canada Jetlines' unique business strategy of focusing on charter/ACMI flights, along with a leisure destination focused scheduled service operation, allows it to be competitive with a sustainable growth strategy."
 
Alan Mangels, Vice President of Marketing for ACG, expressed enthusiasm about the partnership, stating, "ACG is proud to broaden its footprint in North America and is pleased to welcome Canada Jetlines as a new lessee. We look forward to this new, long-term partnership."
 
This lease agreement with ACG aligns with Canada Jetlines' goal to provide air travel and vacation experiences for Canadians. The A320-200 will further strengthen Canada Jetlines' fleet enabling the airline to offer more routes and destinations to meet the growing demand for leisure travel, charter and ACMI flights."

TORONTO, ON / ACCESSWIRE

https://www.accesswire.com/843737/canada-jetlines-cboe-ca-cjet-expands-fleet-with-a320-200-lease-from-aviation-capital-group


This looks to be the 6th aircraft in the fleet as described in an earlier post and in news releases.


Registration Aircraft Type Delivered
     
C-GCJL  Airbus A320-200 Feb-22
     
C-GCJK  Airbus A320-200 Nov-22
     
C-GJLH  Airbus A320-200 Jul-23


2 - Airbus A320's in readiness for the "wet-lease" agreement with a "prominent" European carrier this summer.

One to be deployed in April for 6 months, the other deployed in June for 3 months.


And now 

C-         Airbus A320-200 Mar-24


Posted on March 8...

That 6th aircraft (MSN 5661, an A320-214 SL) could be a good deal. 

Leased by Frontier from ACG, looks like it went into storage at the peak of the COVID pandemic (April 2020).

Malaysian MyAirlines had it briefly until they suspended operations after little more than a year.

Back into storage and now leased from ACG (Aviation Capital Group) by Jetlines. 

"Ferried KUL-MCT-CAI-WOE" in November 2023.  (Kuala Lumpur, Muscat in Oman, Cairo, Woensdrecht Air Base in Netherlands.) Presumed in storage at that time.

https://xfw-spotter.blogspot.com/2013/06/a320-214sl-frontier-daubz-n220fr-msn.html

From the Jan. 4, 2024 announcement, the plane is "expected to be in service by the end of Q1 of 2024".

Due Canada Jetlines (CJL or AU) C- ______ 

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