Tag Archive: low cost airfare

Jetlines CEO Dave Solloway pitches new low-cost airline

Jetlines CEO Dave Solloway pitches new low-cost airline Startups claim there is a sustainable business model in the ultra low-cost airline segment Canada Jetlines Ltd. of Vancouver recently announced plans to raise $10 million to list on the TSX Venture Exchange, on the heels of an announcement by another low-cost carrier, Jet Naked, which is hoping to raise $30 to $50 million to operate out of Calgary. The airlines will be treading a well-worn discount runway of dead airlines such as Canada 3000 and JetsGo. “Those airlines went head-to-head with the full-service airlines,” Jetlines president David Solloway told CBC News… View Article