Air Canada has settled the terms of a long term
Commercial Carrier Operating Agreement (CCOA) with the Toronto
Port Authority (TPA), operator of Billy Bishop Toronto City
Conclusion of the agreement is subject to
certain conditions, including agreement with the lessor of
terminal space, City Centre Terminal Corp. (CCTC), for lease of
space at the airport.
In addition, the airline has entered into a
letter of intent for the leasing of aircraft and has finalized
arrangements with a regional carrier to operate flights from the
Toronto Island airport beginning in February 2011.
Air Canada's initial schedule will offer
customers the choice of up to 15 daily non-stop flights from Billy
Bishop Toronto City Airport, in close proximity to downtown
Toronto, to Montreal Trudeau International Airport.
are very excited to return to Toronto City Airport in the coming
months," said Ben Smith, Executive Vice President and Chief
Commercial Officer. "These arrangements mark solid progress as we
work to develop a unique product tailored to meet the diverse
needs of travelers between Canada's two largest cities. Our
customers have told us they want an airport option close to
downtown Toronto to complement our Rapidair service which offers
flights up to every 30 minutes at peak times."
will be operated with Bombardier Dash 8 Q400 turboprop aircraft.
Air Canada has signed a letter of intent with a lessor for the
five aircraft that will be operated on the Toronto City
Airport-Montreal route. Formal terms and conditions of the lease
agreements are expected to be finalized in the coming weeks.
Following a competitive bid process to select a Canadian
regional operator for these aircraft, Air Canada has concluded a
capacity purchase agreement with Sky Regional Airlines Inc., an
associated company of Skyservice Business Aviation. The regional
carrier will sublease and operate the Dash 8 Q400 aircraft on
behalf of Air Canada.
Air Canada is actively engaged in talks with
the airport terminal owner, City Centre Terminal Corp. (CCTC),
towards an agreement to lease terminal facilitates that will
accommodate the new service.
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