Jazz Air Income Fund announces August cash distribution

Airline Industry Information, August 20, 2008

AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD

Jazz Air Income Fund (TSX: JAZ.UN) announced on 20 August that its August cash distribution of CAD0.0838 per fund unit will be paid on 15 September.

The payment covers the period 1 August to 31 August 2008 and will be paid to unit holders of record as of the close of business on 29 August 2008.

Jazz Air provides domestic connecting traffic to Air Canada under a Capacity Purchase Agreement which allows Air Canada to purchase the majority of Jazz's fleet capacity at predetermined rates.

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