CanJet Airlines has announced it will be terminating its scheduled flights this Sunday. CanJet will focus on charter flights instead.

CanJet had been serving 14 Canadian and U.S. cities.

The change in service is blamed on escalating airport and air-traffic control fees, high fuel prices and fierce competition from Air Canada and WestJet Airlines Ltd.

Most of CanJet's 470 employees and managers will lose their jobs. This number includes about 95 pilots and 125 flight attendants. A small number of employees will stay on to keep CanJet's chartered flights operating through the winter season to sunspots. The fate of 250 other CanJet positions has yet to be determined, but some of those workers will be offered jobs at the discount airline's parent, IMP Group International Inc. of Halifax.

Source:
CanJet's big-carrier plan parked in hangar - Airline to cancel scheduled service - Globe and Mail