Arajet latest entrant to Canada's crowded budget airline market

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MONTREAL — Arajet, a discount airline based in the Dominican Republic, says it will launch flights between that country and Toronto and Montreal this fall. The announcement by the year-old carrier marks the latest entrant to an already crowded field of low-cost airlines, and comes two weeks after U.S. budget carrier Breeze Airways made a pitch to Quebecers bound for Florida. Unlike many low-price players, Arajet CEO Victor Pacheco says his will bank on a hub-and-spoke model that connects passeng

MONTREAL — Arajet, a discount airline based in the Dominican Republic, says it will launch flights between that country and Toronto and Montreal this fall.

As proof, he says well over half of the 10,000-plus Arajet tickets sold to Canadians so far are for other destinations in the Caribbean and Central and South America, to be reached via connecting flights from the Dominican Republic. This B.C. landlord was shocked to find his rental suite listed on Airbnb. Now, he wants stricter regulations

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مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada speech Nicolas Vincent, the external non-executive deputy governor of the Bank of Canada, will give a speech to the Chamber of Commerce of Metropolitan Montreal on Tuesday morning. The Bank of Canada kept its key interest rate target on hold last month, but signalled it was prepared to raise it again if needed. Subway deadline TTC customers with any mobile carrier are expected to be able to acces
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »