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JET-2014-12 - JETLINES INTRO
Formed in 2013. Start-up Ultra Low Cost Carrier (ULCC), domestic, regional & international, scheduled & charter, passenger & cargo jet airplane services.
840 Howe Street
Vancouver, BC V6Z 2S9, Canada
4408C-3211 Grant McConachie Way
Richmond, BC V7B OA4, Canada
CANADA WAS ESTABLISHED IN 1867, IT COVERS AN AREA OF 9,976,139 SQ KM, ITS POPULATION IS 30 MILLION, ITS CAPITAL CITY IS OTTAWA, AND ITS OFFICIAL LANGUAGES ARE ENGLISH & FRENCH.
December 2014: Boeing [TBC) and Jetlines (JET) announced an order for five 737 MAX 7s as the new Canadian ultra-low cost carrier (ULCC) builds its future fleet. The order, valued at $438 million at current list prices, includes purchase rights for an additional 16 737 MAXs.
"This agreement with Boeing (TBC) is a major milestone for Jetlines (JET)," said Jim Scott, (CEO) of Jetlines (JET). "We are thrilled to be partnering with Boeing (TBC) and look forward to introducing the 737 MAX 7 into our fleet."
The new airline, headquartered in Vancouver, British Columbia, plans to tap into passenger demand by offering low cost airfares on routes that avoid direct competition with other airlines.
"Boeing (TBC) is proud to partner with (JET) as it begins a journey to offer low airfares to passengers across Canada," said Brad McMullen, VP North America Sales, Boeing Commercial Airplanes (BCA). "The 737 MAX 7 is perfectly suited to the airline's needs, and we appreciate the confidence (JET) has in the airplane."
The 737 MAX incorporates the latest technology (CFM) International (LEAP-1B) engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX 7 will be capable of flying more than >3,800 nautical miles, extending the range over today's 737-700 by approximately +400 nautical miles/741 km.
With this order, the 737 MAX has orders for 2,562 airplanes from 55 customers worldwide.
January 2015: New Canadian ultra-low cost carrier (ULCC) Jetlines (JET) remains on track to launch in mid-2015 with two used Boeing 737 Classic airplanes flying short-haul routes from Vancouver International Airport, according to a recently released prospectus.