Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company") announced a strategic wet lease agreement with a prominent European carrier. The agreement underscores the surging global demand for A320 aircraft.

Set to begin with one aircraft in late April 2024 for a period of 6 months and with a second aircraft in late June for a period of 3 months, the collaboration reflects Canada Jetlines operational ability in maximizing fleet utilization by deploying its aircraft and crew to Europe in the summer.

Eddy Doyle, Jetlines CEO, stated, "In January, we announced the expansion of our fleet to 6 aircraft. The utilization of these planes is widely needed in Europe during their busy season. The two planes will return to Canada for our busy fall/winter travel period to leisure destinations. This partnership underscores our commitment to maximizing efficiency and meeting the seasonal demands of our customers."

Canada Jetlines' summer schedule includes the following destinations:

  • Toronto (YYZ) to Halifax (YHZ)
  • Halifax (YHZ) to Orlando (MCO)
  • Toronto (YYZ) to Orlando (MCO)
  • Toronto (YYZ) to Montego Bay (MBJ)
  • Toronto (YYZ) to Cancun (CUN)