HALIFAX, Nov. 1, 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 Friday, November 10, 2006 to present third 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 third 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:         Friday, November 10, 2006

    Time:         12:30 P.M. ET

    By telephone: 1-866-249-2157 or (416) 644-3427 for the Toronto area.
                  Please allow 10 minutes to be connected to the conference
                  call.

    Webcast:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID(equal sign)1639660
                  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 21207655(pound key), until
                  midnight ET Friday, November 17, 2006.
    >>

Third quarter results will be released prior to the conference call.

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; www.flyjazz.ca