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Arajet latest entrant to Canada's crowded budget airline market
Arajet, a discount airline backed by Bain Capital, plans to launch direct flights between the Dominican Republic and Toronto and Montreal starting in October and November.
Arajet aims to connect Canadian passengers to a wide range of sunny destinations in the Caribbean, Central America, and South America through its hub in Santo Domingo. The airline's strategy is based on a hub-and-spoke model.
Arajet's entry into the low-cost airline market adds to the already crowded field of competitors. Other airlines, such as Flair Airlines, Lynx Air, Canada Jetlines, and Porter Airlines, are also expanding their fleets and routes.