Enerjet, a licensed Canadian charter airline based in Calgary that commenced operations in 2009, will be rebranded, expanded and transformed into an ultra-low-cost carrier (ULCC).
The new Canadian carrier aims to create an affordable air-travel choice for Canadian travellers. It will offer an ultra-low-cost fare structure with a network of destinations across Canada and into the US.
The new airline will be backed by financial commitments from a consortium of Canadian investors and Arizona-based Indigo Partners LLC.
Indigo Partners is a major investor in the airline industry. It is the lead investor in Singapore-based Tiger Airways, and US-American Spirit Airlines. Furthermore, the investment group maintains lead investments in Wizz Air, Frontier Airlines, Volaris Airlines and JetSMART. Most recently, Indigo Partners has reached a takeover agreement with WOW Air, after Icelandair dropped its acquisition plans for the Icelandic low-cost carrier.
Nick Wenzel founded International Flight Network in 2016. He is the Social Media Manager and an Editor for IFN.news.