TORONTO, June 4, 2019 /CNW/ – Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company” or “DDC”) is pleased to announce that it has entered into an agreement (the “Agreement”) with Air Canada (TSX:AC) (“AC”) effective May 29, 2019 whereby Air Canada Cargo will market and sell DDC’s drone delivery services in Canada using Air Canada Cargo’s marketing and sales platforms and resources.
Pursuant to the terms of the Agreement and subject to DDC obtaining required regulatory approvals, DDC will build and operate up to 150,000 drone delivery routes in Canada. These routes will include timetables, flight schedules, payload capacities, type of drones to be deployed, and payment terms. DDC’s services will be marketed as a premium offering, and Air Canada Cargo has agreed that it shall not use or engage with any other drone delivery service providers.
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