Fans of EasyJet, rejoice: there’s a new affordable airline coming to this side of the Atlantic. Rouge, a spinoff of Air Canada aimed at the budget market, will begin flying on July 1, 2013, with Toronto as its hub. The carrier will take off with a handful of routes, primarily connecting the Canadian hub with destinations in Europe and the Caribbean, and gradually expand its gateways—possibly as far as Asia. Book by December 25 and you’ll snag an introductory price—flights to Venice, Edinburgh, Athens, Cuba, the Dominican Republic, Jamaica and Costa Rica will all be discounted, with the average fare to the Caribbean hovering around $300, all taxes, fees, and surcharges included.

Nikki Ekstein is an Editorial Assistant at Travel + Leisure and part of the Trip Doctor news team. Find her at on Twitter at @nikkiekstein.