Canada Jetlines
About
Originally conceived by its founders in 2006, Canada Jetlines (Jetlines) is an ultra low cost carrier that plans to model itself after other successful ultra LCCs such as Allegiant Air, Ryanair and Spirit Airlines. Jetlines plans to operate to “secondary” airports rather than tier I city hubs, focussing on services to destinations in western Canada, including Prince George, Winnipeg, Kamloops, Prince Rupert, Regina, and Edmonton. Jetlines eventually aims to add international destinations such as Orlando, Cancun, Las Vegas and Los Cabos to its network.
Canada Jetlines received its air operating certificate from Transport Canada on 18-Aug-2022. The carrier launched with inaugural Toronto-Calgary service on 22-Sep-2022.
Canada Jetlines ceased airline operations effective from 15-Aug-2024. Canada Jetlines filed a notice of intention to make a proposal pursuant to the Bank and Insolvency Act (BIA) on 20-Aug-2024. Cboe Canada suspended the trading of Canada Jetlines’ common and variable voting shares. If the suspension is not lifted within 150 days of the suspension date, the securities of Canada Jetlines will be automatically delisted.
Canada Jetlines made a voluntary assignment into bankruptcy under the Bankruptcy and Insolvency Act (Canada) in Sep-2024.
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