Canada Jetlines to Offer Flexible Payment Options Through Partnership with Buy Now, Pay Later Solution Leader, Uplift
TORONTO, ON, Feb. 10 2022 – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) is pleased to announce today the new value-driven carrier will offer Canadian travelers with more flexible payment options through a partnership with Uplift – allowing for a pay over time option upon booking.
The leisure airline aims to offer more travel options to fly to sun-destinations in the southern United States, Caribbean, and Mexico, following completion of airline licensing processes. Upon partnering with Uplift, leader in the Buy Now Pay Later space, Jetlines’ passengers will be able to plan the vacation they’ve been envisioning, with the freedom to book when ready and spread the cost over affordable monthly payments. The partnership will kick-off in Spring 2022 in tandem with Jetlines’ anticipated inaugural flight.
“We’re thrilled to be able to provide customers with a convenient turn-key travel experience, along with the flexibility to pay for their holiday over time,” shared Duncan Bureau, CCO of Canada Jetlines. “Our partnership with Uplift will offer the accessibility regardless of budget, aligning with our mission to provide comfort and convenience from the first touch point during a time where constant connection is key for peace of mind.”
“The team at Uplift is equally excited to be working with Canada Jetlines. Our shared vision of bringing more Canadians to the destinations they love is a natural fit”, said Denise Heffron, Managing Director, Uplift Canada. “Partnering with Canada Jetlines supports our mission of making travel more accessible, affordable and rewarding for everyone. Canadians deserve a vacation now more than ever before — more choices and more flexibility will help them realize their vacation dreams.”
Jetlines has selected the A320 as its fleet standard, with a projected growth of 15 aircrafts by 2025, offering the best-in-class operating economics, customer comfort and fly-by-wire technology. With the goal of providing a guest centric experience from the first touchpoint, Jetlines will use a state-of-the-art web booking platform, making the solution available to tour operators along with consumers, and to generate revenue on reservations and planned ancillary sales. The efficient aircraft design merged with the experience of the management suite allows for affordable flight options without sacrificing quality and convenience.
Please visit www.jetlines.com to learn more and follow on all social media platforms for updates and to join the Canada Jetlines family.
Uplift is the leading Buy Now, Pay Later solution that empowers people to get more out of life, one thoughtful purchase at a time. Serving the world’s top enterprise level travel brands, Uplift’s complete range of flexible payment options drive higher conversion and loyalty for partners, while giving customers a simple, surprise-free way to pay over time with no late fees or prepayment penalties. Uplift is currently available throughout the United States and Canada. To learn more, visit Uplift.com.
About Canada Jetlines
Canada Jetlines is a well-capitalized leisure focused carrier, utilizing a growing fleet of Airbus320 aircraft starting in early 2022, subject to Transport Canada approval. The carrier was created to provide Canadian consumers with more value choices and travel options to fly to coveted sun and leisure destinations in the U.S., Caribbean, and Mexico. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. We aim to provide more revenue opportunities to express our gratitude to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.
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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 benefits of the arrangement with NAVBLUE, the destinations of its intended flights, the completion of the CTA and Transport Canada approval process, growth plans, revenue options and intended timeline to begin servicing destinations 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 ” 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 including from the CTA and Transport Canada; Jetlines concluding a definitive agreement for aircraft to commence airline operations; the timely commencement of operations by Jetlines and the success of such operations; 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 and permits from Transport Canada, the Canadian Transportation Agency and other 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.