Canada Jetlines Receives First A320-200 Aircraft from Jackson Square Aviation

TORONTO, ON, Dec. 27, 2021 – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) is thrilled to announce the delivery of its first A320-200 aircraft from Jackson Square Aviation, a leading global commercial aircraft lessor, offering customized fleet solutions and proactive services. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, efficient aircraft design, and accessible flight options without sacrificing quality or convenience. 

The newly established all-Canadian carrier will provide convenient air travel options offering more value and travel choices than competitors to coveted sun-destinations, with launch slated for Spring of 2022.

“This is a milestone day for our team as we get to witness the inception of our branded fleet, with the delivery of our first aircraft,” shared Brad Warren, VP Maintenance Operations for Canada Jetlines. “We have collectively been building towards this moment and we couldn’t be happier to partner with Jackson Square Aviation as we prepare for take-off early next year.”

“We are excited to be a part of Canada Jetlines journey to launch operations as Canada’s newest charter airline, and are delighted to welcome the airline as our newest customer,” said John Yanney, JSA Head of Americas Marketing & OEM Relations. He added, “We look forward to developing a long-term partnership with Canada Jetlines as the airline begins to flourish and build upon its future successes as they commence flying in 2022.”

Please visit www.jetlines.com to sign up for email updates and follow on all social media platforms to join the Jetlines family.

About Canada Jetlines
Canada Jetlines is a well-capitalized leisure focused carrier, utilizing a growing fleet of Airbus320 aircraft starting in early 2022, subject to Transport Canada approval. The carrier was created to provide Canadian consumers with more value choices and travel options to fly to coveted sun and leisure destinations in the U.S., Caribbean, and Mexico. 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 Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. We aim to provide more revenue opportunities to express our gratitude 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.  

Canada Jetlines Prepares for Takeoff with Definitive Lease Agreement for First A320 Aircraft

Toronto, Ontario–(Newsfile Corp. – December 17, 2021) – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines“) is has announced the signing of a Definitive Lease Agreement for its first Airbus A320 aircraft, with delivery of the aircraft expected by February 2022.

“I am pleased that we have a definitive agreement for our first aircraft,” stated Canada Jetlines CEO, Eddy Doyle. “The Airbus A320 is a fuel-efficient, narrow-body framework that supports a high-density seat configuration. Canada Jetlines is well positioned to carry out the completion our airline licensing process with a targeted launch date in Q2 of 2022.”

The aircraft is an Airbus A320-200, listed under the manufacturer’s serial number #4175, equipped with two CFM56-5B4/3 engines. Prior to delivery, the aircraft will be painted with Canada Jetlines livery and include installation of the new Recaro 3530 seats, with in-seat power and personal electronic device holder installed. The airline will also install the Flymingo Box system, which offers a flexible, aircraft-powered digital suite to enhance passenger experience and provide wireless inflight entertainment options.

About Canada Jetlines

The new all-Canadian carrier is backed by a seasoned team of aviation-industry executives and board of directors, offering convenient travel options and more destination choices than competitors. Canada Jetlines looks forward to providing more revenue options for Travel Agents and Tour Operators that continue to keep the momentum of travel alive. Please visit www.jetlines.com to learn more and to sign up for emails and follow on all social media platforms for news and updates.

Canada Jetlines Selects Moment to Elevate Its In-Flight Digitalization with the Flymingo Box Entertainment Solution

Toronto, Ontario–(Newsfile Corp. – December 8, 2021) – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) has elected Moment – a technological company which has developed a wide range of infotainment solutions dedicated to the transportation and hospitality industry – to equip its growing fleet of Airbus 320, with a state-of-the-art digitization suite and in-flight entertainment portal once operations commence which are targeted for early 2022.

The Flymingo Box system offers a flexible, aircraft-powered digital suite to enhance passenger experience, aircraft operations, and provide unparalleled wireless inflight entertainment options. The IFE also deploys real-time travel information and a seamless e-commerce platform, placing power and ease of use at passengers’ fingertips throughout their journey.

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. The Flymingo Box will build on this with its browser-based platform, enabling secure streaming on personal devices. By integrating this dynamic program, the new leisure airline aims to elevate passengers’ experience and enhance comfort in the cabin while creating ancillary revenue opportunities.

“This partnership and the technology provided by Moment strengthens our capacity to offer innovative services for crew and passengers alike,” stated Duncan Bureau, Chief Commercial Officer of Canada Jetlines. “We are confident that the Flymingo system will expand upon Jetlines travel experience, aligning with our mission to provide comfort and convenience from the first touch point during a time where constant connection is key for peace of mind.”

“Moment is proud to support the launch of Canada Jetlines. We’ve built a digital experience in line with the values of the airline, and experiences to delight the greatest number of passengers,” said Yves Laffiché, CCO of Moment. “With Canada Jetlines, we are strengthening our position on the North American market and our will to support airlines with advantageous economic models adapted to tomorrow’s aviation.”

The Flymingo Box is the most capable portable W-IFE solution in the industry and has met the expectations of the airline by enabling passengers to connect easily to a local cloud, via their browser, and to access entertainment services directly on their mobile devices. Designed as a compact, battery-operated or aircraft powered server, the system has the capacity to provide video streaming to 100 passengers simultaneously. With this flexible solution, the airline will be able to offer state-of-the-art services to its travelers: AVOD streaming, digital shopping and an interactive moving map.

The new all-Canadian carrier is backed by a seasoned team of aviation-industry executives and board of directors, offering convenient travel options and more destination choices than competitors. Canada Jetlines looks forward to providing more revenue options for Travel Agents and Tour Operators that continue to keep the momentum of travel alive. Please visit http://www.jetlines.com to learn more and to sign up for emails and follow on all social media platforms for news and updates.

About Canada Jetlines
Canada Jetlines is a well-capitalized leisure focused carrier, utilizing a growing fleet of Airbus320 aircraft targeting a start in early 2022, subject to Transport Canada approval. The all-Canadian carrier was created to provide passengers another choice to travel to their favorite destinations within the U.S., Caribbean, and Mexico. 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. Canada Jetlines will use a state-of-the-art web booking platform, making the turnkey solution available to Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. We aim to provide more revenue opportunities to express our gratitude 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 http://www.jetlines.com and follow on all social media platforms for news and updates.

About Moment
Moment provides entertainment, e-commerce and connectivity services for the travel industry. Our wide array of solutions is deployed globally across transport and hospitality companies leveraging technology to elevate customer and crew experience, reaching 120 million passengers a year worldwide on airplanes, trains and boats.

Since 2013, Moment has been famous for developing open-innovation projects while building long-lasting client relationships. Today global operators and carriers like Air France, Surinam Airways or Air Cairo rely on the agile mindset and innovation of Moment.

http://www.moment.tech

Canada Jetlines Selects NAVBLUE Suite of Aviation Solutions to Improve Toronto Based Flight Operations

TORONTO, ON, December 2, 2021 Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) is pleased to announce the signing of a multi-year agreement with NAVBLUE, designed to incorporate dynamic aviation solutions into their flight operations. These solutions will provide immediate efficiencies, reducing aircraft operating costs, and environmental impact to the minimum for the new Canadian carrier.

NAVBLUE’s implemented solutions would include a suite of integrated programs, allowing for all-encompassing customization of an array of aviation products, such as, N-Flight Planning, N-Tracking, Navigation+, Charts+, Flysmart+, EFB Management, Hosted Gateaway, FDA Services, AODB. This collaboration will continue to build upon Canada Jetlines’ ability to offer convenient air travel options for the best value possible.

“As an Airbus operator, it made sense for us to first consider the services offered by NAVBLUE to help Canada Jetlines develop and achieve the highest level of safety and operational efficiency,” stated Eddy Doyle, President & CEO of Canada Jetlines. “This contract allows Canada Jetlines to further develop its relationship with Airbus through its NAVBLUE subsidiary. We look forward to the continued growth of this alliance and are grateful for the support from NAVBLUE.”

“At NAVBLUE we are excited to welcome Canada Jetlines as a new customer and partner,” shared Thomas Lagaillarde, Vice President Product Portfolio & Programmes at NAVBLUE. “We believe our solutions will allow for seamless growth for the airline and we will be sure to assist them at every stage of development to ensure maximum benefit of services from our suite.”

With operations targeted to commence in the spring of 2022, the airline will provide convenient travel options, offering more destination choices than competitors and more revenue options for Travel Agents and Tour Operators. Canada Jetlines looks forward to providing further incentive to reward the dedicated Travel Agents and Tour Operators that continue to keep the momentum of travel alive. Please visit www.jetlines.com to learn more and to sign up for emails and follow on all social media platforms for news and updates.

About NAVBLUE
NAVBLUE is an Airbus Services company, wholly owned by Airbus, and dedicated to Flight Operations & Air Traffic Management Solutions.  NAVBLUE provides digital solutions and services, and supports both civil and military environments, on the ground and onboard any aircraft and offers expertise in a range of areas, including digital cockpit operations, Operations Control Centre (OCC) systems, Flight Ops Engineering, Performance Based Navigation (PBN) and Air Traffic Management (ATM). NAVBLUE employs 480 employees spread across Canada, USA, UK, France, and Thailand, with representatives in several other countries across the globe.

About Canada Jetlines 
Canada Jetlines is a 100% equity financed and well capitalized leisure carrier, which will utilize a growing fleet of Airbus 320 aircraft targeting a start in early 2022, subject to Canadian Transport Agency and Transport Canada approval. The carrier was created to provide Canadian consumers with more value choices and travel options to fly to coveted sun and leisure destinations in the U.S., Caribbean, and Mexico. 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 carrier will use a state-of-the-art web booking platform, making the turnkey solution available to Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates. 

Calgary business leaders back airline startup Canada Jetlines

From Calgary Herald – link to source story

A pair of Calgary backers are looking to bring discount, destination travel routes to Calgary through a new Ontario-based airline company

Dylan Short | November 21, 2021

An artist's rendering of Boeing 737 MAX 7 in flight with Canada Jetlines livery.
An artist’s rendering of Boeing 737 MAX 7 in flight with Canada Jetlines livery. PHOTO BY HANDOUT/ CANADA JETLINES

Two Calgary backers are looking to bring discount, destination travel routes to Calgary through a new Ontario-based airline company.

Canada Jetlines is set to become Canada’s newest budget travel company when it launches its first sunshine routes in 2022. The airline is billing itself as a cheap alternative to fly south with its first flight scheduled to leave from Toronto in 2022.

On the management team are two Calgary backers. David Kruschell has started and worked with a number of entrepreneurial startups in Calgary’s travel industry. He said Canada Jetlines is set to offer competition to the major players in the field, WestJet and Air Canada, and offer competitive fares on underserved routes.

“I have a huge respect for the WestJet model and everything that has been done over the years to make it into what it is today,” said Kruschell. “Having said that, you know, I feel like Jetlines is a real focus niche player that is going to provide real travel opportunities for Canadians.”

Kruschell said that after the company becomes established in Ontario, he expects to see flights out of Calgary’s YYC airport by late 2022 or early 2023. He said the company is looking at what routes and destinations are currently underserved and where passengers will want to go, but he expects Jetlines to offer flights to Mexico, the Caribbean and possibly some southern U.S. states.

“We’re gonna really look hard at what some of those best destinations are and where we’re best equipped,” said Kruschell.

Canada Jetlines’ website calls the company the “little guy” that was originally developed as a charter airline to get to sunny destinations in the U.S., Mexico and the Caribbean on a smaller budget. The company announced in July that it was looking to list on the market under a $5-million private placement. Once it receives approval from the Canadian Travel Agency, it will begin operations as a tour operator.

Jetlines is planning to build a fleet of Airbus A320s as its standard plane.

Also on the board is Ravinder Minhas, founder of Calgary’s Minhas Micro Brewery. He said he will be pushing to ensure Calgary is included in any Jetline expansions out of Ontario.

Minhas is new to the airline business after establishing himself in the oil and gas and brewing sectors in Alberta. He said coming out of the COVID-19 pandemic, with public health restrictions easing around the world and borders beginning to reopen, is the perfect time to enter into a travel-related business.

“If it was easy and everybody had a crystal ball, everybody would do it. But having said that . . . I think we recognize there’s an appetite for travel,” said Minhas. “We recognize that opportunities for aircraft are good, good deals, and coming out of the pandemic gives a new player like us an opportunity.”

Ravinder Minhas, co-founder and CEO Minhas Breweries & Distillery, is shown in Calgary on Thursday, January 18, 2018.
Ravinder Minhas, co-founder and CEO Minhas Breweries & Distillery, is shown in Calgary on Thursday, January 18, 2018. PHOTO BY JIM WELLS/POSTMEDIA

Minhas and Kruschell both said added competition in the market is a good thing for customers, giving them more options. Minhas said that when he began his brewing company, he was told that the market was saturated and that he sees parallels between the big players in beer and the big Canadian airlines.

“Typically, their crumbs are my dinner and I don’t think that’d be any different from the aviation space,” said Minhas. “I think it’s fair to say that there’s room for more in the Canadian aviation space for sure.”

Also entering the discount airline market is Lynx Air. The Calgary-based airline announced on Tuesday they intend to have “ultra-affordable” flights beginning in 2022. Lynx Air, however, is planning to start with domestic flights before expanding into the United States and eventually into international markets.

Lynx Air said it plans to follow models in the U.S. and in Europe, and will offer a la carte booking that allows customers flexibility to book different services, such as no baggage or premium seating, for differing costs.

Canada Jetlines Receives Exemption Order From B.C. Securities Commission

Vancouver, British Columbia–(Newsfile Corp. – November 18, 2021) – Canada Jetlines Operations Ltd. (NEO: CJET) (“Jetlines” or the “Company”), is pleased to announce that it has received an exemption from the British Columbia Securities Commission, and other securities regulatory authorities, that will allow the Company’s variable voting shares and common voting shares to be treated as a single class for the purposes of applicable take-over bid requirements and early warning reporting requirements contained under Canadian securities laws.

Pursuant to an application by the Company, the securities regulatory authorities in each of the provinces and territories of Canada (except for Quebec and Nunavut where the Company is not a reporting issuer) granted exemptive relief (the “Decision”) from:

Applicable formal take-over bid requirements, as contained under Canadian securities laws, such that those requirements would only apply to an offer to acquire 20 per cent or more of the outstanding common voting shares and variable voting shares of the Company on a combined basis;

Applicable early warning report requirements, as contained under Canadian securities laws, such that those requirements would only apply to an acquirer who acquires or holds beneficial ownership of, or control or direction over, 10 per cent or more of the outstanding common voting shares and variable voting shares of the Company on a combined basis; and

Applicable requirement to issue and file a news release in respect of acquisitions during a take-over bid, such that those requirements would only apply to an acquirer who acquires or holds beneficial ownership of, or control or direction over, five percent or more of the outstanding common voting shares and variable voting shares of the Company on a combined basis.

Without the exemptive relief, shareholders were subject to these requirements based on the number of shares outstanding solely of the class held by the shareholder. This is a number that can vary without notice due to automatic conversions, which is in some respects not indicative of the shareholder’s real ownership value. Absent the Decision, it would have been more difficult for investors to acquire shares in the ordinary course without the apprehension of inadvertently triggering the take-over bid rules or early warning requirements.

Please visit http://www.jetlines.ca to learn more and to sign up for emails and follow on all social media platforms for news and updates.

About Canada Jetlines

Canada Jetlines is a well-capitalized, value, leisure carrier that intends to utilize a fleet of Airbus320 aircraft to service popular sun destinations targeting a start in the spring of 2022, subject to Canadian Transport Agency and Transport Canada approval. The all-Canadian carrier was developed to provide the Canadian consumer with more choices and more economical options to fly to sun-destinations in the southern US, Caribbean, and Mexico. 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 a guest centric experience from the first touchpoint. Canada Jetlines will use a state-of-the-art web booking platform, making the turnkey solution available to tour operators along with consumers, and to generate revenue on reservations and planned ancillary sales. The efficient aircraft design merged with the experience of the management suite allows for affordable flight options without sacrificing quality or convenience.

Canada Jetlines and Lufthansa Technik Secure Agreement on Repair and Pool Support Contract

Toronto, Ontario–(Newsfile Corp. – November 17, 2021) – Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”), the recently launched leisure carrier, has signed a long-term ‘Component and Expendable Parts’ agreement with Lufthansa Technik AG for its proposed A320 fleet. The multi-year agreement covering extensive component services, will support the startup and growth of the airline as it expands its fleet and network.

With this collaboration, Canada Jetlines will benefit from an individual supply concept that enables timely delivery of components and parts required to operate its proposed Airbus A320 fleet. The services covered by the contract are customized to fulfill the requirements of Canada Jetlines’ business model.

An extensive component stock for the fleet has been activated at the LHT facility at Pearson International Airport (YYZ) in Toronto. This comprehensive support plan offers Canada Jetlines flexible options that many competitors don’t have and contributes to the value structure of the airline.

“We have negotiated a strategic partnership with Lufthansa Technik, a world class organization, that will allow Canada Jetlines to deliver value to our customers with safety and efficiency to our operations,” said Brad Warren, Vice President Maintenance Operations at Canada Jetlines. “Lufthansa Technik’s commitment to ensure the highest reliability of components, to have the highest material availability and their continuous drive for improvement, is therefore the perfect match for us. They will provide us with a complete solution for our needs and with the flexibility necessary for a small airline with big growth plans.”

With operations targeted to commence in the spring of 2022, Canada Jetlines aims to provide convenient air travel options for the lowest possible price, offering more travel choices than competitors to coveted sun-destinations and more revenue options for agents and tour operators.

Please visit jetlines.ca to learn more and to sign up for emails and follow on all social media platforms for news and updates.

About Lufthansa Technik Group

With some 35 subsidiaries and affiliates, the Lufthansa Technik Group is one of the leading providers of technical aircraft services in the world. Certified internationally as maintenance, production and design organization, the company has a workforce of more than 22,000 employees. Lufthansa Technik’s portfolio covers the entire range of services for commercial and VIP/special mission aircraft, engines, components and landing gear in the areas of digital fleet support, maintenance, repair, overhaul, modification, completion and conversion as well as the manufacture of innovative cabin products.

About Canada Jetlines

Canada Jetlines is a well-capitalized, value, leisure carrier that intends to utilize a fleet of Airbus320 aircraft to service popular sun destinations targeting a start in the spring of 2022, subject to Canadian Transport Agency and Transport Canada approval. The all-Canadian carrier was developed to provide the Canadian consumer with more choices and more economical options to fly to sun-destinations in the southern US, Caribbean, and Mexico. 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 a guest centric experience from the first touchpoint. Canada Jetlines will use a state-of-the-art web booking platform, making the turnkey solution available to tour operators along with consumers, and to generate revenue on reservations and planned ancillary sales. The efficient aircraft design merged with the experience of the management suite allows for affordable flight options without sacrificing quality or convenience.

Canada Jetlines Announces Listing on Canadian NEO Exchange (NEO: CJET)

Toronto, Ontario–(Newsfile Corp. – October 12, 2021) – Canada Jetlines Operations Ltd. (the “Company” or “Jetlines”) is pleased to announce that the Neo Exchange Inc. (“NEO Exchange”) has granted final approval of the Company’s listing application and that the common and variable voting shares of Jetlines will commence trading on the NEO Exchange as of 9:30am ET on October 13, 2021, under the symbol “CJET”.

Eddy Doyle, CEO of Jetlines stated, “this is an important milestone for Jetlines. After thoroughly reviewing all of the potential options to list in Canada, we are convinced that listing on the NEO, a senior stock exchange, best raises our profile among retail and institutional investors and provides a platform from which to expand our shareholder base as we execute our growth and value creation plans.”

About Canada Jetlines

Canada Jetlines is a 100% equity financed and well capitalized low-cost tour and charter leisure carrier that will utilize a growing fleet of Airbus 320 aircraft to service popular sun destinations starting in early 2022, subject to Canadian Transport Agency and Transport Canada approval.

For more information about everything Canada Jetlines, please visit http://www.jetlines.ca.

About the Neo Exchange Inc.

The Neo Exchange Inc. is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Canada Jetlines Announces Leadership Team Additions

TORONTO, ONTARIO, July 22, 2021 – Canada Jetlines Operations Ltd. (the “Company” or “Jetlines”) is pleased to announce the following appointments to its senior leadership team.

Duncan Bureau joins the organization as Chief Commercial Officer. Duncan is a co-founder of the LorEau Group based in Abu Dhabi and joined Jetlines as of July 01, 2021. He will be tasked with building the various commercial platforms and distribution network for the company. In his most recent role, Duncan was Senior Vice President Sales & Distribution at Etihad. Prior to Etihad, Duncan served as Vice President Sales & Distribution for Westjet Airlines, Senior Vice President Sales & Distribution for Malaysia Airlines, Global Vice President Sales & Distribution for Air Canada, and President of Air Canada Rouge.

Anup Anand joins the Jetlines management team as Director of Cabin Safety and In-Flight. Most recently, as Managing Director In-Flight Service at Air Canada, Anup was responsible for more than 8500 cabin crew. Anup brings more than 27 years of aviation leadership experience.

“As we build out the Jetlines organization, I am excited by the prospect of having such high caliber professionals join our company. Their extensive experience and industry knowledge will be instrumental in building out our go to market strategy and creating our low-cost airline model.” says Eddy Doyle, CEO of Jetlines. “Canadians can look forward to new alternatives for vacation flights as we look at initially serving South Florida, the Caribbean, and Mexican markets,” added Doyle.

About Canada Jetlines

Canada Jetlines is a Canadian Low Cost Carrier that intends to begin operations, pending CTA approval, as a Tour Operator with flights into popular sun destinations in the USA and Mexico. Canada Jetlines intends to operate a very efficient fleet of Airbus A320 aircraft providing safe, reliable, friendly, and consistent service to Canadians.

Global Crossing Airlines Announces Final Order for Spin-Out of Canada Jetlines and Provides Details on Ex-Dividend Trading

Miami, Florida–(Newsfile Corp. – June 18, 2021) – Global Crossing Airlines Group Inc. (TSXV: JET) (OTCQB: JETMF) (the “Company” or “GlobalX”) is pleased to announce the receipt of the Final Order from the Supreme Court of British Columbia (the “Interim Order”) in connection with their previously announced plan of arrangement (the “Arrangement”) pursuant to which GlobalX will spin-out the shares of its wholly-owned subsidiary Canada Jetlines Operations Ltd. (“Jetlines”) to its shareholders.

Each shareholder of GlobalX, as of the record date for the Arrangement (“Record Date”), will receive one share of Jetlines for every two shares of GlobalX held on the Record Date. The dividend is payable on both GlobalX’s Common Stock and Class A Common Stock. After distribution GlobalX will retain 25% of Jetlines shares, with 75% held by GlobalX shareholders as of the Record Date. GlobalX previously announced that the Record Date will be Thursday, June 24, 2021. The effective date of the Arrangement is expected to be June 28, 2021, with Jetlines shares distributed to GlobalX’s shareholders on or about July 2, 2021.

The Jetlines shares will be distributed to GlobalX’s shareholders by way of dividend. GlobalX’s shares will commence trading on an ex-dividend basis on the TSX Venture Exchange at the open of trading on June 23, 2021. This means that in order to be entitled to receive a dividend of shares of Jetlines, a shareholder must be a holder or GlobalX shares as of June 22, 2021. No additional action is required by shareholders in order to receive Jetlines shares and GlobalX stockholders will retain any certificates or direct registration statements representing their GlobalX shares.

On the closing of the Arrangement, Jetlines and GlobalX will be operated as separate companies with separate management teams and Boards of Directors. For further details on the Arrangement and the business of Jetlines following the Arrangement, please refer to the Information Notice that is available on SEDAR at http://www.sedar.com.