Indigo Partners to launch new Canadian ultra-low-cost airline

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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.

We believe we can significantly increase the size and competitiveness of Canada’s domestic and trans-border aviation market by offering an ultra-low-cost alternative to the high cost of air travel. Our goal is to be in the market by this time next year to help more Canadians visit family and friends over the holidays and for years to come. Bill Franke, Indigo’s Managing Partner

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.

Read more: Indigo Partners to invest in struggling WOW Air

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