Showing posts with label enerjet. Show all posts
Showing posts with label enerjet. Show all posts

21 December, 2018

Yet another Canadian low-cost airline is set to start flying in 2019

An investor group led by Tim Morgan, announced this week that it is on schedule to start a Canadian ultra-low-cost-carrier (ULCC) service in 2019, bringing affordable, low-cost air travel to millions of Canadians by this time next year.

Backed by significant financial commitments from a consortium of Canadian investors and Indigo Partners, LLC, a leading private equity firm specializing in the aviation industry, Enerjet, a licensed Canadian carrier, will be rebranded, expanded and transformed into an affordable air-travel choice for Canadian travellers. This Canadian ULCC will offer a simple, ultra-low-cost fare structure and an extensive network of destinations across Canada and into the US. Terms of the transaction, which closed today, were not disclosed.