MONTRÉAL, July 10, 2014 /CNW Telbec/ - Montréal International announces the arrival of U.S. firm JetLine Aviation Services in the Greater Montréal region. The company supplies the aviation industry with new and aftermarket parts for commercial and private aviation. It plans to invest $2 million over three years, creating 13 new jobs.
"Our team can provide operational and financial services across the board to all aerospace and aviation minded companies. From nose to tail, we offer our clients innovative solutions in inventory and operations management," said Jim Oaks, CEO of JetLine Aviation Services. "International growth is a major focus within our strategy to bring us closer to our customers. Greater Montreal has a highly developed aerospace industry, we believe that by expanding and investing in Greater Montreal that we can help make that industry stronger."
Montréal International, in collaboration with the Consulate General of the United States in Montréal, guided and advised the company in its setup project.
"We are pleased that JetLine Aviation Services, already established in several regions, has chosen Greater Montréal to continue its development, and we are proud to have contributed to this project," said Dominique Anglade, President and CEO of Montréal International. "When a foreign aerospace firm chooses to develop its activities here, it helps support our position as a global leader in this field."
Greater Montréal: a global reference
Greater Montréal is a world reference in aerospace, among the top international centres alongside Seattle and Toulouse. The Québec industry ranks 5th worldwide for the number of jobs behind the United States, France, United Kingdom and Germany. With more than 43,500 jobs and sales exceeding $12 billion, the aerospace sector brings together prime contractors, leading equipment manufacturers and a network of nearly 190 small and medium-sized enterprises.
About JetLine Aviation Services (www.jetlineaviation.com)
JetLine Aviation Services, created in 2008, is a leader in providing new and aftermarket parts for the aviation industry. Based in Reno, Nevada, the company has subsidiaries in Phoenix, Chicago, Tel Aviv and Montréal. Its services include the purchase, sale, exchange and repair of parts and the management of usable and non-usable inventories.
JetLine Aviation Services has as its customers Air Canada, Starlink Aviation, AJ Walter Aviation and Avianor.
About Montréal International (www.montrealinternational.com)
Created in 1996, Montréal International is the result of a private-public partnership. Its mission is to act as an economic driver for Greater Montréal to attract foreign wealth while accelerating the success of its partners and clients. Its mandates include attracting foreign direct investments, international organizations and international strategic workers as well as promoting the competitive and international environment of Greater Montréal. Montréal International, a non-profit organization, is funded by the private sector, the governments of Canada and Québec, the Communauté métropolitaine de Montréal (Montréal Metropolitan Community) and the City of Montréal.
Since its creation, Montréal International has helped attract $10.6 billion in foreign direct investments to Greater Montréal. And these investments have contributed to creating or maintaining close to 52,000 jobs. To date, Montréal International has also supported almost half of the city's 60 international organizations in setting up their operations in the area, while helping attract and retain more than 9,000 highly skilled foreign workers.
SOURCE: Montréal International
For further information: Louis Arseneault, Vice President, Talent Attraction, Promotion and Communications, Montréal International, 514 987-9376, firstname.lastname@example.org