February order for 15 Q400s with 15 options; delivery to start March 2011
Q400s will replace CRJ100/200s that are going back to lessors
The term of the CPA with Air Canada is extended 5 years from December 31, 2015 to December 31, 2020
Air Canada will target a minimum annual block hour forecast of 375,000 block hours
The plan is to continue to operate 133 aircraft on behalf of Air Canada comprised of 125 covered aircraft and 8 'swing aircraft' that will facilitate CPA flying to 400,000 block hours and beyond
The minimum fleet guarantee is reduced from 133 to 125 covered aircraft, and includes a commitment to commence fleet renewal in 2011
10 CRJ100/200 aircraft to be removed from the fleet by June 2010.commencing in 2011
Jazz Capacity Purchase Agreement with Air Canada until Dec 2015, plus renewal options (2 x 5 years)
All CRJ 100/200s have HGS 2100, and all 705s have HGS 4200
Air Canada Jazz is comprised of four former regional airlines: Air BC, Air Nova, Air Ontario, and Canadian Regional
Voted the best TOP PERFORMING COMPANY (among regional carriers)for 2009 in North America and the second best top performing regional carrier in the world (after Australia\'s Regional Express) According to Aviation Week.
