Fly by the seat of your pants – or at least by the cost of them.
Next summer, a new airline will open for business: Canada Jetlines. It’s going to be an ultra-low-cost carrier based out of two hubs about an hour outside Toronto each, at John C. Munro International Airport in Hamilton, Ontario, and at the Region of Waterloo International Airport. The airline will fly across Canada and into Mexico, the U.S., and the Caribbean. And because it’s ultra-low-cost, tickets will be relatively inexpensive.
“Our target customers are people who want to save money,” CEO Stan Gadek told the Business News Network, reported by CTV. “People ask me how low are those fares going to be? And I will tell you they will be the same as the cost of a pair of jeans.”
So far, no more information on prices has been released. Gadek says, though, that the low fares that will be offered by Canada Jetlines are in response to customers tired of paying high prices for airfare. The new airline will include seat selection, checked bags, and drinks in-flight a la carte.
“Canadians are overpaying for air travel and we intend to change that by offering customers the freedom to select the travel experience they want,” Gadek said in a release.
The Canada Jetlines planes will be all economy-class seating, holding 189 passengers. Gadek expects that the airline will be stiff competition for the larger carriers.
“We will have the lowest costs compared to any Canadian, or U.S. carriers for that matter, including the ultra-low cost carriers,” he told CTV. “When you have the lowest costs, you can offer the lowest price point […] at a point well below their breakeven point. So even if they fill up 100 percent, they’ll be losing money.”