According to the London Free Press, Jetlines is said to be considering London as a destination to fly customers in and out of at prices up to 30 per cent less than regular flights.
The company is hoping that an exemption to the Transport Canada rule that only permits Canadian airlines to have 25 per cent foreign voting interest.
The London Free Press says Jetlines has an investor from Europe hoping to help the airline take off in Canada.
London International Airport President and CEO Mike Seabrook calls them an ultra low-cost carrier.
“They don’t have six or eight types different types of aircraft that are more complex and more cost, they usually go into secondary airports so they try to avoid really expensive airports, they don’t have frequent flyer programs, and they just have less overhead. It’s just a leaner way of doing things.”
Company officials say the addition of the airline could have huge implications on local employment in the way of 50 full-time jobs and 650 indirect jobs.
“We honestly believe we can double the size of our airport just by getting some additional service in here and stimulating the marketplace,” said Seabrook. “There’s plenty of travel into and out of this area. We’re a big, vibrant, travel-oriented group of consumers and if we can figure this thing out, it’s going to be beneficial.”
A decision on whether Jetlines will be granted the exemption from Transport Canada is expected later this month.