Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB)
(the “
Company” or “
Jetlines”) is
pleased to announce a new and playfully provocative brand identity
to serve and stand up for Canadians nationwide. The rebranding
comes in preparation for commercial launch targeted for December
17, 2019.
Canadians pay among the highest airfares in the
world. The recently announced intent to acquire Air Transat by Air
Canada, as well as the sale of WestJet to Onex will only reduce
competition and increase prices further. Consumers are rightfully
frustrated and fed up.
The timing couldn’t be better for Jetlines. With
the intent of being in the air by mid-December, the Company has
developed a cheeky, rebellious identity system, as well as a brand
promise anchored in the unapologetic and honest truth:
“Flying sucks less when you pay less”
Jetlines is firmly principled to offer the
lowest airfares in Canada. Because Canadians should have the right
to affordable travel. Because everyone deserves an airline that
flies for them. Because any other way is a complete rip-off. Of
course, flying will still suck. There’s not much anyone can do
about manspreading seatmates or tiny toilet stalls. But it will
suck less when you pay less.
Working with Cossette, the new identity system
is authentic, accessible and deliberately distinct from the
expensive goliath incumbents in Canada. The logo incorporates a
face with a knowing smirk created from an upside-down plane. It
includes an additional suite of expressive faces to capture every
emotion of travel. The new system will cover every touchpoint of
the brand experience from the livery to uniforms to signature
luggage and humourous airsickness bags.
“Jetlines is fighting for Canadians by creating
competition and rebelling against Canadian ultra high airfares. Our
new brand promise and design reflect our core philosophy of pushing
back against the status quo and giving Canadian travellers a brand
that empowers them to make their own decisions,” noted Javier
Suarez, CEO of Canada Jetlines. “I would like to thank the entire
Jetlines commercial team for building such a strong brand identity
that reflects our passion and values, as well as extend my most
sincere gratitude to our partner, Cossette, for all of their hard
work and raw talent that has brought us here today.”
LINK TO FILM:
https://youtu.be/LBYr5WrTZL0
LINK TO WEBSITE:
www.jetlines.com
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first
true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate
flights across Canada and provide non-stop service from Canada to
the United States, Mexico and the Caribbean. The Company plans to
commence operations with the Airbus A320 fleet, the most widely
used aircraft for ultra-low cost carriers worldwide. Jetlines is
led by a board and management team with extensive experience and
expertise in low-cost airlines, start-ups and capital markets. The
Company was granted an unprecedented exemption from the Government
of Canada that will permit it to conduct domestic air services
while having up to 49% foreign voting interests.
Jetlines ability to sell tickets and launch
airline service remains subject to the completion of the airline
licensing process, the receipt of applicable regulatory approvals
and the completion of financing.
For more information on Jetlines, please visit
our website at www.jetlines.com.
ON BEHALF OF THE BOARD
"Mark J. Morabito"Executive
Chairman
Canada Jetlines is part of the King & Bay
group of companies. King & Bay is a merchant bank that
specializes in identifying, funding, developing and supporting
growth opportunities in the resource, aviation, and technology
sectors.
For more information, please contact:Toll Free:
1-833-226-5387Email: investor.relations@jetlines.com
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, statements with
respect to (i) Jetlines targeted launch date; (ii) the commencement
of operations and the success of expected future operations of the
Company; (iii) the routes that Jetlines intends to service; (iv)
Jetlines ability to offer the lowest airfares in Canada; and (v)
the price that Jetlines intends sell tickets at.
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 " 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 commence
airline operations, the accuracy, reliability and success of the
Jetlines’ business model; the timely receipt of governmental
approvals; the timely commencement of operations by Jetlines and
the success of such operations; the legislative and regulatory
environments of the jurisdictions where the Jetlines will carry on
business or have operations; the impact of competition and the
competitive response to the 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, 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 the necessary licenses and
permits; and the additional risks identified in the "Risk Factors"
section of the Company's reports and filings with applicable
Canadian securities regulators. There is no assurance that the
closing of the Offering will occur. Although the Company has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in forward-looking information, there may be other
factors that cause actions, events or 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 or
revise any forward-looking information.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this release.
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