07-Apr-2010 2:12 PM
Jazz follows US regionals into new business model in CAD100 million deal
Analysis
In a deal that is expected to generate approximately CAD100 million in additional annual revenues, Jazz Air is following its US counterparts in evolving to a new business model, one that diversifies operations beyond the feeder model. The company has announced a deal with Thomas Cook Canada Inc to provide service next Winter with no less than six B757-200 aircraft and perhaps as many as 11 from Canadian gateways during the winter season (November through April).
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