Fuel and a new Canadian airline

Inovent Capital (Inovent) and Canada Jetlines (Jetlines) have jointly filed a preliminary long form prospectus with the securities regulatory authorities in Canada for an initial public offering that will finance a new start up airline. Jetlines is a private aviation company with an overall business plan to commence domestic scheduled point-to-point air service in mid-2015 from a base at the Vancouver International Airport.  Jetlines will apply an ultra-low cost operating model that focuses on generating new passenger demand from what its management believes is currently an unserved market of price sensitive customers in Canada. Jetlines intends to select routes which