Canada Jetlines and CAE Sign Exclusive 5-Year Pilot Training Agreement

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TORONTO, ON, Feb. 2, 2022 – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) is excited to announce today that it has signed an exclusive five-year pilot training agreement with CAE. Under the agreement, CAE will train Jetlines’ pilots on the CAE 7000 XR Airbus A320 full flight simulator (FFS) at its Montreal training center. Jetlines anticipates their inaugural flight in the spring of 2022, offering Canadians more selection and more economical options to fly to sun-destinations in the southern United States, Caribbean, and Mexico.

“We’re excited to partner with global aviation training leader CAE,” said Eddy Doyle, CEO of Canada Jetlines, Ltd. “Our pilots will train on the industry’s most advanced full-flight simulators and benefit from digitally immersive solutions that elevate safety, efficiency and readiness for Canadian travelers from coast-to-coast.”

“We are pleased to welcome Jetlines, a new leisure airline, as our customer and proud to support the vision and launch of a fellow Canadian company,” said Nick Leontidis, CAE’s Group President, Civil Aviation Training Soutions. “This agreement is a prime example of our commitment to provide the most innovative training solutions and deliver a world-class training experience.”

Canada Jetlines, Ltd. selected the Airbus A320 as its fleet standard due to the aircraft’s best-in-class operating economics, customer comfort and fly by wire technology. The company will begin servicing the flying public in 2022.

For more information, please visit www.jetlines.ca.

About CAE

CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. As testament to our customers’ ongoing needs for our solutions, over 60 percent of CAE’s revenue is recurring in nature. We have the broadest global presence in our industry, with more than 11,000 employees, 180 sites, and training locations in over 35 countries. www.cae.com. Follow us on Twitter: CAE_Inc

About Canada Jetlines

Canada Jetlines is a well-capitalized leisure focused carrier, utilizing a growing fleet of Airbus320 aircraft starting in early 2022, subject to Transport Canada approval. The carrier was created to provide Canadian consumers with more value choices and travel options to fly to coveted sun and leisure destinations in the U.S., Caribbean, and Mexico. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. We aim to provide more revenue opportunities to express our gratitude to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.

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