A new ultra-low-cost carrier set to bring affordable travel to Canadians.
Canada Jetlines Ltd. is set to become Canada’s first ultra-low fare airline. Jetlines was created to serve the millions of Canadians living in unserved or underserved markets across the country. Our goal is to provide a much-needed alternative to the unreasonably high cost of air travel.
Jetlines is a publicly traded company run by a management team and board of directors with extensive experience in running low-cost airlines and raising money, as well as providing excellent customer service and value for all stakeholders.
The emergence of the ultra-low cost carrier (ULCC) model has proven highly profitable and successful throughout the world over the past two decades. The model continues to gain momentum globally, leaving Canada as the only remaining G7 country that does not offer a true low-cost carrier option. Canada’s airline duopoly environment has created a lack of competition, resulting in little incentive for the existing carriers to offer competitive ticket prices to consumers. This makes Canada one of the most expensive countries in the world in which to buy an airline ticket. Canada Jetlines recognizes this opportunity and plans to start operations in 2018. Click here to learn more about the Jetlines story.
A ULCC, also known as a budget carrier or sometimes globally as a low-cost carrier, is a simplified air carrier business model that operates with a cost point well below larger hub-and-spoke airlines. It offers lower-priced airfares and stimulates its own market. The ULCC model traditionally focuses on standardization of plane size and seating options, point-to-point flight patterns, lower-cost airports and a business focus on cost control. Selling additional services to passengers such as in-flight food and baggage generates ancillary revenue. This model has proven to be highly profitable in other jurisdictions around the world and is becoming a growing portion of the global airline industry.
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