News & Videos - CANADA JETLINES LTD. JETMF

Miami, Florida--(Newsfile Corp. - June 29, 2020) - Global Crossing Airlines Inc. ( TSXV: JET ) (the " Company " or " GlobalX ") is pleased to announce the appointment of Mr. Zygimantas Surintas, CEO of SmartLynx Airlines ("SmartLynx"), to the Company's board of directors. His appointment follows the previously announced comprehensive commercial agreement covering several areas for cooperation and for the exchange of aircraft on damp lease during each airline's peak periods. The areas of...

Miami, Florida--(Newsfile Corp. - June 23, 2020) - Global Crossing Airlines Inc. ( TSXV: JET ) (the " Company " or " GlobalX " formerly known as Canada Jetlines Ltd.) is pleased to announce that it has closed the business combination of Global Crossing Airlines, Inc. (" Global USA ") and the Company (the " Transaction "), including the completion of a US$1,543,600 million financing. Trading of the Company's common shares will resume at the opening on June 25, 2020 under the ticker symbol "JET"...

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2020) - Canada Jetlines Ltd. ( TSXV: JET ) (the " Company " or " Jetlines ") is pleased to announce that due to demand, it is expanding the availability of its US$1.5 million financing (the " Offering ") to allow participation from existing securityholders who may not otherwise qualify as accredited investors. The Offering is being completed in connection with the shareholder approved the business combination transaction (the " Transaction...

Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - Canada Jetlines Ltd. ( JET: TSX-V ) (the " Company " or " Jetlines ") is pleased to announce that its shareholders have overwhelmingly approved the business combination transaction (the " Transaction ") of Global Crossing Airlines, Inc. (" GlobalX ") and Jetlines. At Jetlines' Special Meeting of shareholders, 95.89% of the common and variable voting shares were voted in favour of the Transaction. With shareholder approval of the...

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - Canada Jetlines Ltd. (TSXV: JET) (the " Company " or " Jetlines ") is pleased to announce that Global Crossing Airlines, Inc. (" GlobalX ") and SmartLynx Airlines have entered into a comprehensive commercial agreement covering several areas for cooperation and for the exchange of aircraft on damp lease during each airline's peak periods. A copy of the press release can be found here - http://www.globalairlinesgroup.com/news.html ....

DGAP-News: Canada Jetlines Ltd. / Key word(s): Miscellaneous Global Crossing Airlines and Canada Jetlines Ltd. Announce CAD100 Million Equity Investment Agreement with the Global Emerging Markets 06.05.2020 / 15:00 The issuer is solely responsible for the content of this announcement. Miami, Florida--(Newsfile Corp. - May 6, 2020) - Global Crossing Airlines, Inc. (" GlobalX ") and Canada Jetlines Ltd. ( TSXV: JET ) (the " Company " or " Jetlines ") are pleased to announce that GlobalX has signed...

Miami, Florida--(Newsfile Corp. - May 6, 2020) - Global Crossing Airlines, Inc. (" GlobalX ") and Canada Jetlines Ltd. ( TSXV: JET ) (the " Company " or " Jetlines ") are pleased to announce that GlobalX has signed an agreement (" Agreemen t") with GEM Global Yield LLC SCS (" GEM "), the private alternative investment group to provide the GlobalX with up to CAD 100 million over a 36 month term following the previously announced business combination of GlobalX and Jetlines (the " Transaction ")....

Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Canada Jetlines Ltd. ( TSXV: JET ) ( OTCQB: JETMF ) (the " Company " or " Jetlines ") is pleased to announce that further to the news release by the Company on December 13, 2019 and February 6, 2020, the Company has scheduled a Special Meeting of shareholders (the " Meeting ") to approve the business combination (the " Transaction ") of Jetlines and Global Crossing Airlines, Inc. (" GLOBALX "). The Meeting is scheduled for May 27,...

Vancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - Canada Jetlines Ltd. ( TSXV: JET ) ( OTCQB: JETMF ) (the " Company " or " Jetlines ") is pleased to announce that further to the news release by the Company on December 13, 2019, the Company has now entered into a definitive agreement (the " Definitive Agreement ") with Global Crossing Airlines, Inc. (" GLOBALX ") with respect to a business combination of Jetlines and GLOBALX (the " Transaction "). The parties are now preparing...

VANCOUVER, British Columbia, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) announces that it has entered into a letter of intent (the “ LOI ”) with Global Crossing Airlines (“ GLOBALX ”) with respect to a business combination of Jetlines and GLOBALX (the “ Transaction ”). GLOBALX is a developing United States based charter airline and is financially backed by two Miami based private-equity firms. GLOBALX...

VANCOUVER, British Columbia, Nov. 22, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) announces that the Company has commenced legal proceedings in the United States District Court (District of Connecticut) against David Neeleman, DGN Corporation and Breeze Aviation Group, Inc. for tortious interference with business expectancy and violation of the Connecticut Unfair Trade Practices Act. The case is No. 3:19-cv-01850. The...

VANCOUVER, British Columbia, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) postpones launch date until Competition Bureau defines its position. The Company advises that it has not satisfied the financing condition to secure $40 million in financing in addition to the funds committed by SmartLynx. As a result, SmartLynx and InHarv ULCC Growth Fund have exercised their rights to terminate their investment commitments....

VANCOUVER, British Columbia, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) is pleased to provide a further update on its advancement of operations and corporate matters. Jetlines recently signed a 7-year agreement with Jeppesen to supply the Enroute, Approach Navigation Charts and Airway Manuals. This information is delivered to each pilot’s Electronic Flight Bags digitally by Jeppesen FliteDeck Pro, the...

VANCOUVER, British Columbia, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) is providing an update on its financing progress. The Company has made significant advancements towards launching commercial airline operations which have been detailed in prior news releases. Commercial agreements have been concluded with airports, suppliers, service providers and other key stakeholders. Jetlines has also made progress in...

VANCOUVER, British Columbia, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) announces that SmartLynx Airlines SIA (“ SmartLynx ”) remains committed to Jetlines and has agreed to extend the funding milestone under the definitive subscription agreement. The new deadline is September 30, 2019, such completion date subject to further extension or waiver by SmartLynx based on its assessment of corporate progress (see...

VANCOUVER, British Columbia, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “Company” or “ Jetlines ”) and SmartLynx Airlines SIA (“ SmartLynx ”) are issuing this press release to confirm that the previously announced $7.5 million financing is still proceeding. Jetlines and SmartLynx agreed to restructure the financing such that it will be completed by way of a convertible debenture instead of subscription receipts. For regulatory reporting...

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues . Vancouver, British Columbia--(Newsfile Corp. - July 31, 2019) - Further to an Early Warning Report and press release of SmartLynx dated December 27, 2018 whereby SmartLynx announced the acquisition of 22,727,272 subscription receipts (the " Subscription Receipts ") of Jetlines, at a...

VANCOUVER, British Columbia, July 30, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “Company” or “Jetlines”) announces that, further to its press release of July 8, 2019, SmartLynx Airlines SIA (“SmartLynx”) and Jetlines have entered into a definitive subscription agreement (the “Agreement”) with respect to the amended terms of the $7.5 million financing by SmartLynx. Under the amended terms of the financing, SmartLynx will provide $7.5 million...

LINK TO VIDEO ASSET: https://www.globenewswire.com/NewsRoom/AttachmentNg/c2c4ca5f-be72-4fdf-8412-6d076d8dd6bd VANCOUVER, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “Company” or “Jetlines”), the first ultra-low-fare carrier in Canada has staged a protest in the one place the airline duopoly think they own: the sky. Using four planes, 18 skydivers and the Jetlines CEO, an airborne protest was staged to call out the lack of...

VANCOUVER, British Columbia, July 24, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. ( JET: TSX-V; JETMF: OTCQB ) (the “ Company ” or “ Jetlines ”) is pleased to provide an update on recent operational developments related to Jetlines’ build out in preparation for launch. Talent-Based Hiring Jetlines signed an agreement with Gallup, Inc. (“ Gallup ”) to optimize its talent-based hiring. Through the delivery of Gallup’s hiring analytics and advice, Jetlines is assessing and working...