Zip Launches e-Services in Canada.

Following the launch of snappily named carriers such as Jazz and Tango, Canadian flyers will soon welcome ZIP (ZIP Air Inc.). This low-fare airline will launch service in Western Canada this summer.
A wholly owned subsidiary of Air Canada, headquartered in Calgary, ZIP
will initiate operations between Vancouver and Calgary, replacing existing Air Canada network flights without changing the frequency of operations. Within its first year of operations, ZIP will grow to serve additional markets across Canada and into the United States.

ZIP`s start-up fleet will consist of six Boeing 737-200 aircraft, and will eventually grow to twenty 737-200s, all transferred from the existing Air Canada mainline fleet. ZIP will operate primarily short haul routes with connections to and from Air Canada`s worldwide network.

The airline will announce schedules, fares and the commencement date for ticket sales at a later date. ZIP will offer electronic ticketing and check in at Air Canada`s Express Check-In kiosks. ZIP`s operating certificate, licenses, management team and corporate identity will be independent of Air Canada. ZIP will contract with Air Canada and Air Canada Jazz, for the provision of certain operational services and resources, including pilots for ZIP flights and the maintenance of the ZIP fleet, at commercial market rates.