HALIFAX, Aug. 7 /CNW/ - Today, Jazz Air LP ("Jazz") President and Chief Executive Officer, Joseph Randell, announced the following executive appointments. As part of Jazz's ongoing cost-saving initiatives, and to re-assign the duties of its recently vacated position of Chief Operating Officer, the following executive reorganization has been implemented. These individuals will report to Joseph Randell and are effective immediately.
Nick Careen has been appointed Senior Vice President Operations. Mr. Careen was appointed Vice President, Systems Operations Control and Airports on September 3, 2007. His career in the airline industry began with Air Nova in 1994 and has included various positions within Operations. In addition to his current areas of responsibility, Inflight Services and Flight Operations will be added to his division.
Colin Copp has been appointed Senior Vice President Employee Relations. Mr. Copp previously held the position of Vice President, Employee Relations, and began his career with AirBC over twenty years ago. Mr. Copp is responsible for Labour Relations, Human Resources and Corporate Development, Employee Payroll, Pension and Benefits, and Corporate Communications.
Jolene Mahody has been appointed Senior Vice President Operations Support. Ms. Mahody previously held the position of Vice President, Corporate Strategy, and began her career with Air Nova sixteen years ago serving in various finance roles. In addition to Ms. Mahody's current responsibilities for Six Sigma, Project Management, and Strategic Procurement, the departments of Maintenance and Engineering, and Facilities will be added to her division.
"I've enjoyed working with Nick, Colin and Jolene for many years and have developed a deep respect for their expertise and personal integrity," said Joseph Randell, President and Chief Executive Officer, Jazz. "The extensive experience and knowledge of these individuals will further strengthen our organization as we continue to navigate Jazz towards future growth and success."
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.
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.