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CanJet Airlines suspends scheduled service

6 September 2006

CanJet Airlines, a four-year-old company that has tried to muscle business from Canada’s two big carriers, is grounding its scheduled service, blaming high fuel costs, rising landing fees and stiff competition, it said Tuesday.The move by CanJet, a unit of privately held IMP Group Ltd., leaves a gap in domestic flight services, especially in Atlantic Canada, and represents the latest in a series of failed attempts at establishing major discount carriers.

source: USA today

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