HALIFAX, May 5, 2006 (Canada NewsWire via COMTEX News Network) -- Jazz Air Income Fund (TSX: JAZ.UN) (Jazz Air Fund) will hold a conference call for analysts on Thursday, May 11, 2006 to present first quarter results of Jazz Air LP (Air Canada Jazz). Joe Randell, President and Chief Executive Officer and Allan Rowe, Senior Vice President and Chief Financial Officer will present the first quarter results and will be available for analysts' questions. Media may access this call on a listen-in basis.

Details are as follows:

ANALYST CONFERENCE CALL

    <<
    Date:           Thursday, May 11, 2006

    Time:           12:30 P.M. ET

    By telephone:   1-866-250-4892 or (416) 644-3417 for the Toronto area.
                    Please allow 10 minutes to be connected to the conference
                    call.

    Webcast:
    www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1467840 or in
    the investor relations section of Air Canada Jazz's website at
    www.flyjazz.ca. Note: this is a listen-in only audio webcast. Media
    Player or Real Player is required to listen to the broadcast; please
    download well in advance of the call.

    Replay:         Instant replay will be available beginning approximately
                    one hour after the call at 1-877-289-8525 toll free or
                    (416) 640-1917, and passcode 21187386 (pound key), until
                    midnight ET Friday, May 18, 2006.
    >>

First quarter results will be released Thursday prior to the conference

call.

www.flyjazz.ca

SOURCE: Jazz Air Income Fund

SOURCE: Air Canada Jazz

Media Contacts: Manon Stuart, (902) 873-5054, Halifax, Nova Scotia; Debra Williams,
(519) 659-5696, London, Ontario