Canada Jetlines Prepares for Takeoff with Definitive Lease Agreement for First A320 Aircraft

Canada Jetlines Operations Ltd. (NEO: CJET) ("Canada Jetlines") is has announced the signing of a Definitive Lease Agreement for its first Airbus A320 aircraft, with delivery of the aircraft expected by February 2022.

"I am pleased that we have a definitive agreement for our first aircraft," stated Canada Jetlines CEO, Eddy Doyle. "The Airbus A320 is a fuel-efficient, narrow-body framework that supports a high-density seat configuration. Canada Jetlines is well positioned to carry out the completion our airline licensing process with a targeted launch date in Q2 of 2022."

The aircraft is an Airbus A320-200, listed under the manufacturer's serial number #4175, equipped with two CFM56-5B4/3 engines. Prior to delivery, the aircraft will be painted with Canada Jetlines livery and include installation of the new Recaro 3530 seats, with in-seat power and personal electronic device holder installed. The airline will also install the Flymingo Box system, which offers a flexible, aircraft-powered digital suite to enhance passenger experience and provide wireless inflight entertainment options.