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CANADA JETLINES LTD (NASDAQ:CAJTF) Canada Jetlines (Cboe CA: CJET) Expands Reach with New Routes to/from Halifax, Nova Scotia

Transparency directive : regulatory news

13/02/2024 13:30

TORONTO, ON / ACCESSWIRE / February 13, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company") announces its commitment to enhancing travel options for leisure travelers by unveiling new routes that will connect Toronto to Halifax and Halifax to Orlando, Florida, thereby marking the Company's second Canadian destination.

To celebrate this significant milestone, Canada Jetlines is thrilled to introduce enticing one-way fares starting as low as $89* from Toronto to Halifax and $199* from Halifax to Orlando.

Set to commence operations on June 1st, these new routes are strategically designed to meet the increasing demand for travel to the East Coast during the summer months. Furthermore, the introduction of direct service from Halifax to Orlando offers Nova Scotians access to exciting vacation experiences in one of Florida's most beloved destinations.

"We're excited to welcome Canada Jetlines to Halifax Stanfield with new connections to Toronto and Orlando," said Marie Manning, Vice President & Chief Commercial Officer, Halifax International Airport Authority. "This service expansion to both markets will enable increased visitation to the province and provide more choice for our passengers looking to travel this summer."

Eddy Doyle, Jetlines CEO, stated, "We are thrilled to expand service this summer to our second Canadian city, Halifax. As the airline offering the most direct service from Halifax to Orlando this summer, we're bringing the magic of travel to even more Canadians."

The new route schedule is as follows:

  • Toronto (YYZ) to Halifax (YHZ) - 2x weekly, starting June 1 - Oct. 23
  • Halifax (YHZ) to Toronto (YYZ) - 2x weekly, starting June 3 - Oct. 24
  • Halifax (YHZ) to Orlando (MCO) - 2x weekly, starting June 2 - Oct. 23
  • Orlando (MCO) to Halifax (YHZ) - 2x weekly, starting June 3 - Oct. 24

Additionally, beginning in March, travelers can benefit from the ease and savings of booking a Jetlines Vacations summer escape package in Orlando and central Florida departing from Halifax or Toronto. This strategic expansion aligns with Canada Jetlines' commitment to providing diverse travel options and fostering strong connections between people and destinations.

*The mentioned fares are subject to availability, and terms and conditions apply. Please refer to www.jetlines.com for further details.

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.

Media Contact:

Julie Rempel
media@jetlines.ca
204.807.2900

Investor Contact:

Alyssa Barry
invest@jetlines.ca

Connect With Us!

Instagram: @ca_jetlines
Twitter: @ca_jetlines
Facebook: @CAJetlines
LinkedIn: www.linkedin.com/company/jetlines

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, availability of the airfare disclosed in this news release growth plans and business of Jetlines.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to continue airline operations, the accuracy, reliability and success of Jetlines' business model; the continued compliance with the terms of governmental approvals; Jetlines concluding definitive agreements for additional aircraft; the success of operations by Jetlines the legislative and regulatory environments of the jurisdictions where Jetlines will carry on business or have operations; the impact of competition and the competitive response to Jetlines' business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude definitive agreements to acquire additional aircraft, supply chain disruptions causing delays in expected timelines, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement Jetlines' operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of (or compliance with) the necessary licenses from regulatory agencies, and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking information.

SOURCE: Canada Jetlines Ltd.



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