Category Archives: Jetlines

Jetlines to start operations this summer from Toronto

Canada Jetlines has announced it will begin operations out of Toronto Pearson International Airport with a targeted start date in the summer of 2022.

Toronto Pearson is Canada’s largest airport, and pre-COVID served 50.5 million arriving and departing passengers annually.

Canada Jetlines will operate out of the airport with a fleet of Airbus family aircraft, starting with the A320.

Canada Jetlines will operate to international destinations throughout the U.S., Mexico, Caribbean, and domestic cities in Canada.

Charter Operations are targeted to commence in the summer of 2022.

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CAE and Canada Jetlines, Ltd. sign exclusive 5-year pilot training agreement

CAE has announced that it has signed an exclusive 5-year training agreement with Canada Jetlines, Ltd. Under the agreement, CAE will train Jetlines pilots on the CAE 7000 XR Airbus A320 full-flight simulator (FFS) at the CAE Montreal Training Centre.

Jetlines anticipates its inaugural flight in the spring of 2022, offering Canadians more selection and more economical options to fly to sun destinations in the southern United States, Caribbean, and Mexico.

Canada Jetlines, Ltd. selected the Airbus A320 as its fleet standard due to the aircraft’s best-in-class operating economics, customer comfort and fly-by-wire technology. The company will begin servicing the flying public in 2022.

Jetlines’ first Airbus A320 is painted

Jetlines (Canada Jetlines) will take delivery of its first Airbus A320 in January.

Airbus A320-214 C-GCJL (msn 4175, ex OE-IAV) was painted at Shannon.

Jetlines is now planning to start operations in the second quarter of 2022

Jetlines (Canada Jetlines) is now planning to launch its first flights in the second quarter of 2022.

 

The first flights will be from Toronto (above).

Previously GlobalX and Jetlines announced they will jointly sell seats from Toronto to Miami and Fort Lauderdale/Hollywood over 6 weeks beginning in March pending final receipt of regulatory approvals and registration with the Travel Industry Council of Ontario (TICO).

Calgary flights are now expected to come later in 2022.

Global Crossing Airlines reports a loss of $5.26 million in its first quarter, now operates for Havana Air, will fly for Jetlines, introduces a new livery

GlobalX (Global Crossing Airlines) Airbus A320-214 N276GX (msn 2695) LAS (Nick Dean). Image: 955771.

Global Crossing Airlines (GlobalX) issued this financial report for its first quarter:

Significant highlights and milestones for the quarter include:

  • Obtained its US FAA Aircraft Operating Certificate as a US 121 Flag and Supplemental Carrier
  • Obtained its Certificate of Public Convenience and Necessity for Foreign Charter Air Transportation from the US DOT to Fly Internationally
  • Entered Revenue Service on August 7, 2021 with one Airbus A320 Aircraft; Three aircraft in operation by September 30, 2021
  • Signed leases for one Airbus A321 converted freighter and two A320 passenger aircraft; Signed letters of intent for one A321 converter freighter and one A320 passenger plane

Global Crossing Airlines Group, Inc. “GlobalX” reported its financial results for its first quarter of revenue operations which occurred in the third quarter ended September 30, 2021, including revenue of $3.1M and net operating loss of $5.26M or ($.10) per diluted share. Included in GlobalX’s operating results are an estimated $2.1 million in expense related to pre-revenue operations during the quarter, as well as approximately $750 thousand in non-recurring expenses. All dollar amounts in this press release are in United States dollars.

“WE HAD A VERY SMOOTH ENTRY INTO REVENUE OPERATIONS AND THE GLOBALX TEAM HAS PERFORMED EXCEEDINGLY WELL,” SAID ED WEGEL, CHAIRMAN AND CEO OF GLOBALX. “DURING OUR FIRST SEVEN WEEKS OF OPERATIONS WE OPERATED MORE THAN 150 REVENUE FLIGHTS, AND APPROXIMATELY 400 BLOCK HOURS, FOR NEARLY A DOZEN CUSTOMERS.”

“ON AUGUST 30TH, WE RECEIVED OUR FINAL AUTHORITY FROM THE US DEPARTMENT OF TRANSPORTATION TO FLY INTERNATIONAL CHARTERS. THIS ENABLES US TO FLY TO THE CARIBBEAN, MEXICO, LATIN AMERICA, AND CANADA. WE CAPITALIZED ON THAT AUTHORITY BY IMMEDIATELY EXECUTING ON INTERNATIONAL CONTRACTS, AND WE HAVE BEEN CONTINUING TO EXPAND OUR INTERNATIONAL CLIENT BASE.”

MR. WEGEL FURTHER ADDED: “NOW THAT THE FAA CERTIFICATION IS BEHIND US, OUR FOCUS IS ON DELIVERING EXCEPTIONAL CUSTOMER VALUE, WHILE SCALING THE AIRLINE TOWARDS PROFITABILITY. WE ARE EXTREMELY ENCOURAGED ABOUT THE DEMAND FOR OUR PRODUCT OFFERING AS WELL AS OUR GROWING PORTFOLIO OF CUSTOMERS.”

Third-Quarter Results

Flights in the third quarter of 2021 totaled 378 block hours with revenue of $3.1M, both of which were zero for the same period in 2020. Operating losses during the quarter were driven by the investments necessary to achieve FAA certification and limited number of aircraft. During the quarter GlobalX operated two Airbus A320s and one Airbus A321 aircraft for 91 total combined days available for sale.

GlobalX ended the quarter with $8.9 million in cash and restricted cash.

Outlook

Looking ahead, GlobalX projects strong demand for its services and a resulting increase in revenue block hours in the fourth quarter of 2021. GlobalX will seek to continue to increase its flight activity to Cuba and the Dominican Republic, as well as flights on behalf of the US Government agencies, US-based hotel and casino operators, and for college football team clients (including NCAA football bowl game flights). GlobalX is accepting delivery of three aircraft in the coming weeks and expects to have as many as 6 aircraft operating by the end of the year. This will result in an estimated 270% increase in total combined aircraft days available for sale in the fourth quarter versus third.

Commenting on the results, Mr. Wegel stated: “We believe we are now developing a strong foundation for our airline, with a strong team of airline professionals, and we are well positioned going into 2022.”

About Global Crossing Airlines

GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family aircraft. GlobalX flies as an ACMI and wet lease charter airline serving the US, Caribbean, and Latin American markets.

In other news, Canada Jetlines Operations Ltd. and Global Crossing Airlines Group Inc. have announced that Canada Jetlines (through its Canada Jetlines Vacations Ltd.) subsidiary, and GlobalX (through its GlobalX Air Tours LLC subsidiary) intend to launch their first partnership on the sale of public charter flights between Toronto and Florida.

The arrangement is the first between the two companies since GlobalX completed the spin out of Canada Jetlines in June 2021 to shareholders. Under the terms of the arrangement, Canada Jetlines Vacations will jointly market and sell seats on GlobalX public charter flights over a six-week period. Round trip charter flights are expected to operate from Toronto to Miami and Fort Lauderdale weekly beginning in March 2022.

The parties are targeting that tickets will go on sale in December 2021, pending receipt of all final regulatory approvals including approval from, and completion of Canada Jetlines Vacation registration with, the Travel Industry Council of Ontario (TICO).

Flights will be operated on GlobalX Airbus A320 aircraft.

Canada Jetlines intends to start operating flights to Florida with its own A320 aircraft once it has completed its certification and receives all required government approvals.

In other news, GlobalX also announced on November 15 it commenced operations for Havana Air:

Global Crossing Airlines Group, Inc. and ViajeHoy, LLC, d/b/a Havana Air (Havana Air) are pleased to announce that they have commenced scheduled charter service from Miami and Tampa to Havana.

The initial service, granted under approval from the U.S Department of Transportation, operates six times weekly between Miami and Havana, and twice weekly between Tampa and Havana.

Both GlobalX and Havana Air plan for the number of flights to increase as Cuba fully opens post-pandemic.

On September 30, 2021, US DOT approved the GloablX fleet size increase to 6 aircraft, subject to FAA approval as each enters service. N279GX (below) entered revenue service on October 1, 2021. N278GX entered service at the end of October bringing the fleet to 4. Two additional A320s will enter service within 60 days growing the fleet to 6.

Airbus A320 N278GX also wears updated 2021 livery:

Top Copyright Photo: Pictured in the inaugural 2021 livery: GlobalX (Global Crossing Airlines) Airbus A320-214 N276GX (msn 2695) LAS (Nick Dean). Image: 955771.

GlobalX plans to take off this summer

Global Crossing Airlines (GlobalX) (Miami) is finalizing its FAA certification using the Airbus A320 family of aircraft. Subject to final FAA and DOT final approvals, GlobalX will fly as an ACMI, wet lease, and ad-hoc charter airline serving the US, Canadian, Caribbean and Latin American markets.

The new airline hopes to take off this summer once it receives its AOC.

The upstart currently has two aircraft:

In other news, ST Engineering will lease up to five Airbus A321 Passenger-to-Freighter (P2F) aircraft to Global Crossing Airlines (GlobalX).

The first A321 aircraft to be converted will be in April 2022 and will be placed on lease in the fourth quarter of 2022. The remaining four P2F aircraft will be converted and leased to GlobalX progressively.

In other news, the company previously provided an update on its Jetlines transaction:

Pending all regulatory approvals of the transaction, each shareholder of GlobalX will receive one share of Jetlines for every two shares of GlobalX on the Record Date. This transaction allows GlobalX to maximize the value of the Jetlines assets acquired in the reverse take-over, and to continue to drive value for our GlobalX and legacy Jetlines investors.

GlobalX effectively took control of the assets of upstart Jetlines.

 

Jetlines sues David Neeleman and affiliates for “tortious interference”

Jetlines has made this announcement:

Canada Jetlines Ltd. (Jetlines) has announced that the Company has commenced legal proceedings in the United States District Court (District of Connecticut) against David Neeleman, DGN Corporation and Breeze Aviation Group, Inc. for tortious interference with business expectancy and violation of the Connecticut Unfair Trade Practices Act.  The case is No. 3:19-cv-01850.

 

Jetlines and SmartLynx confirm $7.5 million financing still proceeding

Canada Jetlines Ltd. and SmartLynx Airlines SIA are issuing this press release to confirm that the previously announced $7.5 million financing is still proceeding.

Jetlines and SmartLynx agreed to restructure the financing such that it will be completed by way of a convertible debenture instead of subscription receipts. For regulatory reporting purposes, SmartLynx was required to issue a press release regarding the restructured financing in order to confirm that financing is no longer being completed by way of subscription receipts.

On July 29, 2019, Jetlines and SmartLynx entered into a definitive subscription agreement with respect to the $7.5 million convertible debenture financing. The amended offering terms are set to match the financing terms agreed to with InHarv ULCC Growth Fund.

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Jetlines introduces a new brand, livery and tagline prior to launch

Jetlines has made this announcement:

Canada Jetlines Ltd. (Jetlines) is pleased to announce a new and playfully provocative brand identity to serve and stand up for Canadians nationwide. The rebranding comes in preparation for commercial launch targeted for December 17, 2019.

Canadians pay among the highest airfares in the world. The recently announced intent to acquire Air Transat by Air Canada, as well as the sale of WestJet to Onex will only reduce competition and increase prices further. Consumers are rightfully frustrated and fed up.

The timing couldn’t be better for Jetlines. With the intent of being in the air by mid-December, the Company has developed a cheeky, rebellious identity system, as well as a brand promise anchored in the unapologetic and honest truth: “Flying sucks less when you pay less”

Jetlines is firmly principled to offer the lowest airfares in Canada. Because Canadians should have the right to affordable travel. Because everyone deserves an airline that flies for them. Because any other way is a complete rip-off. Of course, flying will still suck. There’s not much anyone can do about manspreading seatmates or tiny toilet stalls. But it will suck less when you pay less.

Working with Cossette, the new identity system is authentic, accessible and deliberately distinct from the expensive goliath incumbents in Canada. The logo incorporates a face with a knowing smirk created from an upside-down plane. It includes an additional suite of expressive faces to capture every emotion of travel. The new system will cover every touchpoint of the brand experience from the livery to uniforms to signature luggage and humourous airsickness bags.

“Jetlines is fighting for Canadians by creating competition and rebelling against Canadian ultra high airfares. Our new brand promise and design reflect our core philosophy of pushing back against the status quo and giving Canadian travellers a brand that empowers them to make their own decisions,” noted Javier Suarez, CEO of Canada Jetlines. “I would like to thank the entire Jetlines commercial team for building such a strong brand identity that reflects our passion and values, as well as extend my most sincere gratitude to our partner, Cossette, for all of their hard work and raw talent that has brought us here today.”

Images: Jetlines.

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