Canada Jetlines Expands Fleet with Leasing of Two Fuel-Efficient A320-214 Aircraft

Canada Jetlines Operations Ltd. (NEO:CJET) ("Canada Jetlines" or the "Company") one of Canada's leading leisure airlines, is proud to announce the addition of two new A320-214 aircraft to its fleet. The Company has signed lease agreements with CMB Financial Leasing ("CMBFL"), also known as CMB Leasing, marking a strategic move to enhance the airline's operational capabilities and meet the growing demand for affordable air travel.

The A320-214 aircraft, scheduled for delivery in Q2 of 2024, will contribute to Canada Jetlines' commitment to expanding its fleet size in the coming year. This development aligns with the airlines' mission to provide reliable and cost-effective travel options for travelers.

Eddy Doyle, CEO of Canada Jetlines, expressed enthusiasm about the fleet expansion, stating, "This signifies a significant step forward in our growth strategy. The addition of two A320-214 aircraft underscores our commitment to meeting the increasing demand for affordable air travel, while maintaining our commitment to safety and service excellence."

The A320-214 aircraft is renowned for its fuel efficiency, advanced technology, and spacious cabin design, offering an enhanced travel experience for passengers. The aircraft will be configured with 174 all-economy seating, including 18 expanded legroom economy seats. The aircraft will be deployed to serve Mexico, Jamaica, Florida and Las Vegas routes, as well as for charter services. Canada Jetlines looks forward to introducing these new additions to its fleet and providing customers choice for leisure-based travel.