TORONTO–(BUSINESS WIRE)–Following a distribution agreement announcement in July 2022, Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) has confirmed that Travel Agents in Canada are now able to view and book Canada Jetlines inventory via the Amadeus Travel Platform.
Amadeus is one of the world’s largest travel technology providers and powers IT systems for the global airline, hospitality and travel agency industries.
Joining the Amadeus global marketplace enables Canada Jetlines to enhance its geographic reach and target new leisure traveler segments, while providing travel agents with increased options to create optimal travel experiences for their clients.
“Canada Jetlines’ business plan from day one has relied on strategic partnerships with the Travel Trade, by offering very competitive earning opportunities for those travel agents that support our flights. We are excited to be able to distribute our seats through the Amadeus Travel Platform, placing our content in the hands of agents around the world,” said Canada Jetlines Chief Commercial Officer, Duncan Bureau. “Since going live on the Amadeus Travel Platform we have seen a significant increase in sales, which was expected, and we are pleased with these results.”
Kamal Singhee, VP Airlines, North America, Amadeus, said, “We are happy to enable Canada Jetlines to increase its global reach as the airline continues to grow sales with travel agencies around the world.”
Canada Jetlines has announced new markets to Las Vegas, USA and Cancun, Mexico which began operations in February and March 2023 respectively. Canada Jetlines’ flights can be booked via Jetlines.com or contact your favorite Travel Agency. Canada Jetlines will operate its growing network with a fleet of Airbus A320 aircraft.
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Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes but is not limited to the Company’s intention to operate as a leisure airline, the intention to offer the lowest possible price, the number of aircraft it intends to operate, the destinations of its intended flights, expected benefits of the distribution through Amadeus, increased sales and business of Jetlines.
In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects” “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to commence airline operations, the accuracy, reliability and success of Jetlines’ business model; the timely receipt of governmental approvals; Jetlines concluding a definitive agreement for aircraft to expand airline operations; the success of operations by Jetlines; the legislative and regulatory environments of the jurisdictions where Jetlines will carry on business or have operations; the impact of competition and the competitive response to Jetlines’ business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude definitive agreements to acquire aircraft, supply chain disruptions causing delays in expected timelines, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement Jetlines’ operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses from regulatory agencies, and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking information.
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