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Formed in 2005 and started operations in 2006. D B A "Societe d'Investissement." Domestic, regional, & international, scheduled & charter, passenger & cargo, low-cost carrier (LCC), jet airplane services.
4 Lotissement La Colline 2
Casablanca 20270, Morocco
MOROCCO (KINGDOM OF MOROCCO) COVERS AN AREA OF 446,550 SQ KM, ITS POPULATION IS 32 MILLION, ITS CAPITAL CITY IS RABAT, AND ITS OFFICIAL LANGUAGE IS ARABIC.
February 2006: Jet4You (J4U) received its Air Operator's Certificate (AOC). As soon as (J4U) receives French approval, it will begin daily nonstop service from Marrakech to Paris, eventually going to 2x-daily.
(J4U) is being formed as a joint venture between (TUI) (TUG) and 3 Moroccan private companies to provide Low-Cost Carrier (LCC) services from Casablanca. (J4U), the new budget airline plans to commence operations in March this year with 2 737-400's and grow to 10 airplanes by 2010. (J4U) has an initial share capital of Euro 5.5 million, fully held by a new group, Aviation Investment Company (AIC). (TUI) controls 40% equity in (AIC) and (J4U), while Attijara Wafa, Morocco's 1st private bank, and the Investima Investment fund, a subsidiary of the Societe Generale Marocaine de Banques (SGMB) hold 20% each.
1 737-4B3, Corsair (COR) wet-leased, delivery. A 2nd is expected in November 2006. (COR) hopes to increase its fleet to 10 planes by 2010.
September 2006: Jet4You (J4U) of Morocco will inaugurate service from Casablanca to Charleroi and Liege in Belgium on November 1st. (J4U) will operate 3x-weekly on Wednesdays, Thursdays & Sundays, with the routing Casablanca - Charleroi - Liege - Casablanca using a 737-400. (J4U) will inaugurate service from Ouarzazate to Paris Orly on November 6th. (J4U) will operate a weekly flight on Saturdays using a 737-400. On December 18th, it will add a 2nd weekly flight on Tuesdays.
May 2008: 737-8K5 (27990, CN-RPE), ex-TUIFly (HAP)/(HLX), ex-(D-AHFJ).
June 2008: (TUI) (TUG) acquired the remaining stake of Moroccan Low Cost Carrier (LCC) Jet4You (J4U). It owned 40% of the Casablanca based airline and purchased the remaining shares, "Agence France Presse" reported. Jet4You (J4U) operates 5 737 Classics and plans to double its fleet by 2013. It reported €51 million/$78.7 million in revenue last year.
Jetairfly (TUB) will base 1 737-800 at Charleroi (CRL) Brussels South from October 24 and launch 2x-weekly services to Oujda, Nador, Gran Canaria and Tenerife. (TUB), the Belgian airline, part of the (TUI) Group (TUG), will also take over 5x-weekly flights to Casablanca from its Moroccan affiliate Jet4You (J4U), which will continue to operate 2x-weekly flights between (CRL) and Casablanca.
(TUI) Travel (TUG) signed an agreement with AerCap Holdings (DEA) and Deucalion Aviation Funds for the sale and leaseback of 19 owned airplanes within the TUI Travel (TUG) fleet for $526 million. The airplanes will be acquired through a 50/50 joint venture between AerCap (DEA) and Deucalion and will be managed by AerCap (DEA), which will receive servicing fees. (TUI) Travel (TUG) will continue to operate the 11 737-800s, 6 757-200s and 2 767-300ERs on 1 to 7-year operating leases with TUIfly (HAP)/(HLX), Thomsonfly (TFY), TUIfly Nordic (TNS) and Jet4You (J4U). (TUI) (TUG) will use the proceeds to reduce debt and said the deal had no impact on its discussions with Lufthansa (DLH) regarding a potential merger of Germanwings (RFG) and TUIfly (HAP)/(HLX), "on which we intend to update the market in due course."
September 2008: 737-4B3 (24751), returned to Corsair (COR).
April 2009: 737-46J (28867, CN-RPG), ex-(OO-JAM).
June 2009: 2 737-8K5s (34691, CN-RPF; 34692, CN-RPG), delivery, ex-Thomsonfly (TFY), ex-(G-FDZP).
June 2010: Jet4You (J4U) is a Moroccan low-cost carrier (LCC) providing scheduled services between Morocco and France, plus Belgium.
Employees = 250.
(IATA) Code: 8J. (IATA) Code: JFU (Callsign - ARGAN).
Parent organization/shareholders: TUI Travel(TUG) (100%).
Main Base: Marrakesh Menara airport (RAK).
Hubs: Casablanca Mohammed V airport (CMN); Paris Orly airport (ORY); & Agadir airport (AGA).
International, scheduled destinations: Agadir; Brussels; Casablanca; Fez; Lyon; Marseilles; Ouarzazte; Paris; and Venice.
(J4U) launched 3x-weekly, Casablanca - Venice "Marco Polo" service.
July 2010: Royal Air Maroc (RAM) and (TUI) Travel (TUG) signed a letter of intent stipulating that (RAM) will take a majority stake in Jet4You (J4U), (TUI) Travel (TUG)'s Moroccan low-cost/charter carrier.
(J4U) operates 175-seat 737-400s and 189-seat 737-800s on a network spanning 7 Moroccan airports and 12 European cities, mainly in France but also including Barcelona, Geneva and Brussels South Charleroi. It has been 100%-owned by (TUI) (TUG) since 2008.
"The intention of any transaction is to build on the (J4U) market position as a low-cost hybrid carrier and its independent profile,” the 2 companies said in a joint statement, adding, “as and when any transaction is agreed a further statement will be issued.” According to Moroccan media, (RAM) would acquire two-thirds of the share capital of (J4U). (RAM) noted that the agreement is “part of the contribution to the enhancement of tourist flows to Morocco, and it’s a good fit to the business strategy of the company that aims at providing more travel options to its customers.”
(J4U) was established in 2005 by a group of Moroccan private investors and TUI (TUG), holding respectively 60% and 40% of the share capital, as a competitor to Atlas Blue (BMM), (RAM)’s Low Cost Carrier (LCC). (RAM) integrated Atlas Blue (BMM) into its mainline operations last year but apparently sees the need to reestablish an independent (LCC).
The Moroccan government in December 2006 signed an "open skies" agreement with the European Union (EU), removing all capacity restrictions between the (EU) and Morocco and thus opening the market for unrestricted services to the country by European (LCC)s, including Ryanair (RYR) and easyJet (EZY). The Air Arabia (ABZ) Group also operates an (LCC) in Morocco, Air Arabia Maroc (AAM), which is based in Casablanca and launched operations in April 2009. It offers services to 11 European destinations. (J4U) has its main base at Casablanca as well.
October 2011: Jet4You (J4U) is a Moroccan low-cost carrier (LCC) linking Moroccan cities, including Agadir, Casablanca, Fez, Marrakech, and Rabat with European cities mainly in France, but also Barcelona, Charleroi, and Geneva.
(IATA) Code: 8J. (IATA) Code: JFU (Callsign - ARGAN).
Parent organization/shareholders: Moroccan investors (60%); (TUI) Travel (TUG) (100%) (note Letter of Intent (LOI) by Royal Air Maroc of July 2010 to acquire two-thirds of the capital of (J4U)).
Main Base: Marrakesh Menara airport (RAK).
Hubs: Agadir airport (AGA); Casablanca Mohammed V airport (CMN); & Paris Orly airport (ORY).
International, scheduled destinations: Agadir; Brussels; Casablanca; Lyon; Marseille; Ouarzazte; and Paris.
April 2012: The (TUI) Travel Group (TUG) has purchased Boeing (TBC)’s 5-year Maintenance Performance Toolbox for its Boeing fleet, comprising 737-800s, 737 Classics, 757-200s, 767-300ERs and 747-400s.
The Maintenance Performance Toolbox will allow TUI Travel (TUG)’s airline subsidiaries: Arkefly (HOL), Corsair (COR), Jetairfly (TUB), Thomson Airways (ATZ)/(TFY), and TUIfly Nordic (TNS) in Europe, and its joint venture Sunwing Airlines (SWG) in Canada, to improve their dispatch reliability through the use of e-enabled technologies that run on the system.
“We anticipate improving our maintenance operation efficiencies through better tracking of line maintenance records and up-to-the-moment technical information,” Thomson Airways (ATZ)/(TFY) Technical Director, Jason Mahoney said.
Jet4You (J4U) will essentially become an online travel agency selling TUI (TUG) flights from and to Morroco as of this month after all of its scheduled flights and 3 737-800s have been transferred to Belgian sister carrier, Jetairfly (TUB) as previously announced.
June 2013: (TUI) Travel (TUG) has signed a commitment for 40 Boeing 737 MAX-8s and 20 Boeing 737 MAX-9s, plus options on a further 90 737 airplanes.
May 2015: News Item A-1: The (TUI) Group (TUG) has placed a firm order for 1 Boeing 787-9, plus 1 option, and has switched 2 of its smaller 787-8s already on order for the larger variant.
Boeing (TBC) said the order was valued at $257 million at current list prices. Following the changes, the (TUI) Group (TUG) will operate a fleet of 13 787-8s from this summer and will add the 3 787-9s within the next 3 years.
“Adding the 787-9 to our order book enables the (TUI) Group’s airlines to continue to develop its long-haul network, giving access to new and exciting leisure destinations,” (TUI) Group Managing Director Aviation, Henrik Homann said.
The 787-9 can hold an additional 40 passengers, compared with the 787-8, and has an additional 830 km/450 nm range.
The (TUI) Group (tug) is parent to 6 airlines: TUIfly (HAP)/(HLX), Thomson Airways (ATZ)/(TFY), TUIfly Nordic (TNS), Jetairfly (TUB), Corsair (COR), and Arke (HOL), which operate 144 mid- and long-haul airplanes across a network of >180 destinations.
The (TUI) Group (TUG) also has 60 737 MAXs on order.
News Item A-2: The (TUI) Group (TUG) plans to re-brand its 5 airlines under a single “TUI” brand as part of its road map for growth initiative to be achieved by 2018.
Beginning in the fall 2015, the (TUI) Group (TUG) said it will use the single branding for its airlines. (TUG) currently operates around 140 medium- and long-haul airplanes in various markets under different brand names: — TUIfly (Germany) (HAP)/(HLX), Thomson Airways (UK) (ATZ)/(TFY), Arke (Netherlands) (HOL), Jetairfly (Brussels) (TUB), and TUIfly Nordic (Sweden) (TNS).
Each carrier will maintain its separate air operator’s certificate (AOC) and will remain responsible for its own crew and flight planning, but will operate under “one central organization.” Also, maintenance should be concentrated under 1 organization.
According to a company statement, crew and fleet would be more efficient when switched between different bases and nations, depending on demand. This should increase effectiveness of the airlines. (TUG) hopes to deliver operational efficiency improvements worth €50 million/$57 million per annum by 2018.
“A strong one-brand policy will make it considerably easier to use the airplanes of the European fleet and the crews across the individual countries, as demand requires it,” (TUG) said. “The resulting increase in the effectiveness of (TUG) airlines is to enable (TUG) to deliver operational efficiency improvements worth 50 million euros per annum by 2018.”
The (TUI) Group (TUG) said the strategy will generate more synergies by joining business units and would raise shareholder value.
Just recently, the (TUI) Group (TUG) placed a firm order for a single Boeing 787-9, plus 1 option, and has switched 2 of its smaller 787-8s already on order for the larger variant.