Jetlines Announces Commercial Agreements with Booking.com/Google Flights/Travel Fusion and Salesforce
VANCOUVER, BRITISH COLUMBIA, Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to provide an update on recent commercial developments related to Jetlines’ build out in preparation for launch.
Jetlines has reached agreements with two companies to supplement its approach to selling tickets directly through the Jetlines website.
Jetlines has signed an agreement with Travel Fusion, a leading online travel content aggregator and innovator of Direct Connect distribution solutions. Travel Fusion operates the world’s largest Direct Connect distribution and payment platform, directly linking hundreds of travel suppliers to Online Travel Agencies, online (Corporate) Booking Tools, Travel Search and Mobile services. Travel Fusion aggregates over 220 low-cost carriers, full-service carriers, and rail operators. Travel Fusion’s proven and scalable architecture enables fast adaptability to changes in the industry and includes full support for ancillary services.
Jetlines will enter into an agreement with Google Flights, an industry leading flight search engine. Google Flights allows you to book flights from more than 300 airline and online travel agency partners. It has the built-in capability to book a one-way, round-trip, and multi-city tickets, and includes functionalities such as an interactive calendar, price graphs to find the best fares, and the capability to filter flight searches by cabin class, airlines, and number of stops.
Jetlines has reached an agreement with CarTrawler, a global leader in end-to-end travel technology that will give Jetlines’ future passengers access to a suite of ground transportation solutions including car rental, bus, rail, chauffeur and taxi transfers directly from the Jetlines’ website. CarTrawler’s platform is used by over 100 different international airlines including Ryanair, Virgin Australia, AirAsia, FlyDubai and Vueling by connecting international car rental brands, buses, chauffeurs and taxi transfers from over 2,000 agents in 50,000 locations.
Jetlines is entering into an agreement with Booking.com, one of the largest e-commerce companies in the world. The Booking.com website and mobile application is available in over 40 languages, and offers over 28 million listings world-wide. Jetlines’ customers will be able to book their ideal accommodation quickly and easily through Jetlines’ website without incurring any added fees. Booking.com is also supported by a dedicated team of customer support specialists that work to continuously improve customer experience and the ease of transactions.
E-Commerce & Marketing
While Jetlines and the marketing agency of record, Cossette, continue to work on the comprehensive marketing plan for 2019, Jetlines has entered into a partnership with Salesforce to leverage their digital marketing and CRM services and expertise. Jetlines’ ability to operate through a clean-sheet design allowing it to bring technology and personalization to the forefront of the customer experience is a significant opportunity for Jetlines. Salesforce’s innovative data-driven approach will allow Jetlines to best utilize the information that its future passengers share and to optimize sales and marketing initiatives.
“We are determined to make travel easy and affordable to Canadians in a very open and honest way. We want to give our future customers the optionality of when and how they purchase their Jetlines’ tickets, and what ancillary products or services they may want to add when traveling with us,” commented Jordi Porcel, Chief Sales, Marketing, and Customer Experience Officer. “We are committed to providing a positive experience for our future passengers and that is reflected in the agreements we are reaching with key companies that are leaders in their respective industries,” Mr. Porcel added.
About Canada Jetlines Ltd.
Canada Jetlines is set to become Canada’s first true Ultra-Low-Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low-cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.
For more information on Jetlines, please visit our website at www.jetlines.ca.
ON BEHALF OF THE BOARD
“Mark J. Morabito”
|Canada Jetlines is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors.|
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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, statements with respect to the routes and airports that Jetlines intends to service, Jetlines ability to operate from these airports, and operate these routes successfully, the commencement of operations and the success of expected future operations of the Company.
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 ” 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 the Jetlines’ business model; the timely receipt of governmental approvals; the timely commencement of operations by Jetlines and the success of such operations; the legislative and regulatory environments of the jurisdictions where the Jetlines will carry on business or have operations; the impact of competition and the competitive response to the 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 and in a timely manner to meet aircraft lease, regulatory and other financial commitments required for start-up, the impact of general economic conditions, domestic and international airline industry conditions, future relations with SmartLynx, 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 and permits;
risks related to disputes under the agreement with Boeing to acquire 737-Max aircraft, 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 actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or 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 or revise any forward-looking information.
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