Canada Jetlines Announces Summer Lease with Air Arabia
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Canada Jetlines Announces Summer Lease with Air Arabia

Canada Jetlines Operations Ltd (TSE:CJET) has released an update.

Canada Jetlines has expanded its operations by entering a summer Wetlease/ACMI lease agreement with Air Arabia Moroc, deploying two A320 aircraft for flights between Western Europe and Morocco. The three-month lease begins in June and is part of Canada Jetlines’ strategy to maximize aircraft utilization during peak seasons and to reinforce its presence as a leading provider of specialized aviation services. Post-lease, the aircraft will resume service in North American leisure markets for the fall and winter.

For further insights into TSE:CJET stock, check out TipRanks’ Stock Analysis page.

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