Low cost Air Canada will launch routes to cover Europe and America

With up to 50 planes Boeing 767 and Airbus models A319, Air Canada will launch a budget airline next year to address the crisis being experienced and able to operate its flights to Europe.

The launch cheap flights and vacation destinations is expected to be mid-year 2013 and also includes routes to cover the U.S. and the Caribbean.

As reported veyvuela.com, the airline plans to equip its fleet with a new low-cost subsidiary that would cover the first instance to cities in Europe, the Caribbean, Mexico, U.S. tourist areas like Florida and Nevada.

Air Canada had a net loss of U.S. $ 89,691,500 during the second quarter of 2012, more than double the year 2011.