Canada Jetlines Receives Stage 2 Approval from Canadian Transportation Agency

TORONTO, ON, May 24, 2022 – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) the new all-Canadian, leisure carrier, is proud to announce that the Canadian Transportation Agency (“CTA”) has determined that the company has met the agency’s financial requirements. The CTA had previously determined that Canada Jetlines met the Canadian Control requirements. With the satisfaction of this significant milestone, the formal CTA commercial license will be issued following the issuance of the Air Operator Certificate (“AOC”) by Transport Canada.

“This is an important milestone for Canada Jetlines as we are approaching the completion of the AOC process with Transport Canada. The teams of both the CTA and Canada Jetlines have been working with great collaboration and diligence to ensure we have met or exceeded the requirements for a start-up airline operating in Canada. We are working in earnest towards the finish line of the certification process. We are confident that we will operate our first commercial flight this summer and plan to announce our commercial schedule in the coming weeks,” said Eddy Doyle CEO Canada Jetlines.

Visit http://www.jetlines.com to learn more, sign up for email updates, and follow on all social media platforms to join the Canada Jetlines family.

About Canada Jetlines

Canada Jetlines is a well-capitalized leisure focused air carrier, utilizing a growing fleet of Airbus 320 aircraft targeting launch in the summer of 2022, subject to Transport Canada approval. The air carrier was created to provide Canadians with value vacation choices and convenient travel options to fly to fantastic leisure destinations within Canada, the U.S.A., Cuba, Jamaica, St. Lucia, Antigua, Bahamas, and other Caribbean nations. Canada Jetlines will provide exciting vacation packages to iconic Canadian destinations and beyond via strong partnerships with airports, CVB’s, tourism entities, hotels, hospitality brands, and attractions. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to consumers, travel agents, and tour operators, with the capability of generating revenue on reservations and ancillary sales with the aim to provide more revenue opportunities to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.