Jetlines announced on Monday that it had placed an order with Boeing for five firm orders for the Boeing 737 Max and a potential for another 16, for delivery starting in 2021.
The total cost for the order to this point is 438 million dollars US.
An indication from the prospective airline that they will be working towards long term growth for their business plan.
To get the airline up in the air, Jetlines is making plans to lease two older model 737-300's for their planned launch of the summer of 2015, the plan ahead is for Jetlines to continue to add to their fleet before taking the first of new orders in 2021.
“This Agreement with Boeing is a major milestone for Jetlines,” said Jim Scott, CEO of Jetlines. “We are thrilled to be partnering with Boeing. The Agreement provides Jetlines access to leading edge aircraft technology in the future.” -- Jim Scott, CEO of Jetlines on the purchase of aircraft from Boeing
Jetlines is currently looking to gain investor interest in their financial blue print, which would see the airline become a no frills carrier, looking to serve what the airline calls secondary markets.
In late 2013, the company first mentioned Prince Rupert as a market where the potential existed to offer service not currently available to the community, though to date Jetlnes has not confirmed any of their potential destinations once they take off in the summer.
Some background on Monday's announcement can be found below:
B. C.'s Canada Jetlines places US $438 m order with Boeing for five aircraft
Fledgling no-frills airline Jetlines makes big bet on its future with Boeing 737 Max order
Boeing signs deal with new discount airliner
Canada Jetlines targets low-cost airspace with order for Boeing 737's
You can review some of our previous items on their proposed launch from our Air Transportation Archive.
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