11/28/2013 09:15 EST | Updated 01/28/2014 05:59 EST

New discount airline prepares for launch in Vancouver

A new discount airline could soon be arriving in Western Canada, potentially offering significantly cheaper air travel for Canadians.

The company is called Jetlines and it’s being launched by a group of aviation veterans based in Vancouver.

Already, the company says they have negotiated landing in airports in Western Canada.

“We’re starting from Winnipeg and West and routes… that are not served or they’re underserved or they’re only served through a connection,” said David Solloway, who will serve as Jetlines’ chief commercial officer.

Solloway said they are modeling the company after discount airlines like Ryan Air in Europe and Allegiant Air in the U.S., offering fares 40 to 60 per cent cheaper than current averages.

To keep costs down, Jetlines says it will charge passengers extra fees for things like checking bags and selecting seats in advance.

The company has already applied for an airline license to operate large aircraft in Canada and hopes to offer select flights as early as this fall.