In mid-April, Jetsgo, Canada's number three airline, planned to launch low-fare shuttle flights between Toronto and Montreal. The route between Canada's two largest cities is a traditional Air Canada stronghold. Operating seven daily flights each way, Jetsgo will halve that in mid-summer, but resume hourly service in September. It plans to use Fokker 100 and Boeing MD-80 twinjets on the shuttle. A C$25 million ($19 million) investment from Fidelity Investments, the Boston-based mutual fund, helped boost the privately held carrier's plans.
Source: Airline Business