Enerjet News

Calgary charter airline expects Enerjetic market

Date: August 18, 2010

Alberta's rejuvenated oilsands and demand for vacation flights south could be the wind underneath Enerjet's wings this fall and carry the Calgary charter airline well into next year.

Enerjet is currently operating several charter flights, including service from Western Canada to Mexico for Sunwing and Signature Vacations.

That contract expires Sept. 5, but Enerjet president Tim Morgan said he'll likely aim for an extension for fall service to popular destinations like Las Vegas.

Thomas Cook, an international travel group, could be another charter client this fall and winter. As well, Morgan said that as the oilsands pick up their pace, he might nab additional contracts to fly workers to and from work sites in the Fort McMurray region.

Enerjet has provided shuttle service for Suncor Energy since late 2008.

"I think we'll see some new contracts coming out this fall," Morgan said. "They haven't issued that much in the way of contracts. We are expecting to see some here shortly."

Development in the oilsands came to a virtual standstill in late 2008, but delayed projects have gradually been taken off the shelf since oil prices started rising and credit became more readily available.

Enerjet is the creation of a group of former WestJet executives, who had raised the money for Calgary's newest airline just before the meltdown of financial markets made investor more reluctant to lend money.

- Markus Ermisch