HALIFAX, July 14 /CNW/ - Today, Jazz Air LP ("Jazz") announced the
resignation of Senior Vice President and Chief Operating Officer William
(Bill) Bredt effective August 10, 2008.
Mr. Bredt was appointed Senior Vice President and Chief Operating Officer
at Jazz on August 1, 2004, with the overall responsibility for Flight
Operations, Inflight, Maintenance and Engineering, Airports and Systems
Operations Control. Prior to joining Jazz, Mr. Bredt had spent 33 years at Air
Canada in various senior roles. Mr. Bredt will be returning to Air Canada as
their new Executive Vice President and Chief Operating Officer.
"Under Bill's leadership Jazz has grown significantly, and his
operational expertise has contributed to our steady improvement in operational
performance," said Joseph Randell, President and Chief Executive Officer,
Jazz. "While we are disappointed to see Bill leave our organization, we are
encouraged that our business relationship with Air Canada will be further
strengthened as a result of his in-depth knowledge of Jazz and our regional
operations. We wish him continued success and thank him most sincerely for his
hard work and dedication to making Jazz one of the best regional airlines in
Jazz is the second largest airline in Canada based on fleet size and the
number of routes operated. Jazz operates more flights and flies to more
Canadian destinations than any other Canadian carrier. Jazz forms an integral
part of Air Canada's domestic and transborder market presence and strategy.
Jazz is owned by Jazz Air Income Fund (TSX: JAZ.UN).
Jazz is not a typical airline. The airline has a commercial agreement
with Air Canada that is the core of its business. Under the Capacity Purchase
Agreement (CPA), Air Canada currently purchases substantially all of Jazz's
fleet capacity based on predetermined rates. The CPA provides commercial
flexibility, low trip costs and connecting network traffic to Air Canada.
Also, the CPA reduces Jazz's financial and business risks, and provides a
stable foundation for day-to-day operations and future growth.
About Jazz Air Income Fund
Jazz Air Income Fund is an unincorporated, open-ended trust established
under the laws of the Province of Ontario, created to indirectly acquire and
hold an interest in the outstanding limited partnership units of Jazz Air LP.
For further information:
For further information: Media Contact: Halifax, Nova Scotia: Manon
Stuart, (902) 873-5054; London, Ontario: Debra Williams, (519) 659-5696;