Airlines
High-powered Investors Hold Key to Enerjet’s LCC Future
Hands-on involvement by its Canadian institutional investors and Indigo Partners will strengthen the renamed Enerjet as a ULCC, says CEO Tim Morgan.
Enerjet once flew a pair of Boeing 737-700s as a charter carrier but as a ULCC with a new name it might well operate another aircraft type instead. (Photo: Enerjet)
Enerjet once flew a pair of Boeing 737-700s as a charter carrier but as a ULCC with a new name it might well operate another aircraft type instead. (Photo: Enerjet)

The business acumen and industry knowledge of a trio of Canadian institutional investors and backer Indigo Partners will enable Canadian charter airline Enerjet to compete successfully when it relaunches as an ultra-low-cost carrier (ULCC) in the Canadian domestic and U.S. transborder markets in 2019, according to Enerjet’s co-founder, lead investor, and CEO, Tim Morgan.


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