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Canada Jetlines (CBOE CA: CJET) Announces Closing of Third and Final Tranche of $13.5 Million Equity Financing
Canada Jetlines has successfully closed its final non-brokered private placement, raising a total of $13,500,001. The additional proceeds were obtained from a single arm's length investor, Jetstream Aviation Inc., resulting in the investor holding approximately 50% of the company's shares. The net proceeds will be utilized for aircraft acquisition, general corporate, and working capital purposes. The investor, Jetstream, has the right to nominate two directors to the Company's Board of Directors, with Mr. Gurdev Singh elected as one of the directors. For more details, visit Canada Jetlines' website or follow them on social media platforms. This press release is not an offer of securities for sale in the United States. -
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Canada Jetlines Doubles its Fleet to 6 with the Leasing of an A320-214 Aircraft
Canada Jetlines Operations Ltd. proudly announces the addition of a new A320-214 aircraft to enhance its operational capabilities and meet the growing demand for affordable air travel. The fuel-efficient and technologically advanced A320-214 aircraft will provide an enhanced travel experience for passengers and be deployed to serve multiple leisure-based travel routes, expanding Canada Jetlines' reach and offerings. -
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Canada Jetlines Expands Fleet with Leasing of Two Fuel-Efficient A320-214 Aircraft
Canada Jetlines Operations Ltd. is proud to announce the addition of two new A320-214 aircraft to its fleet, as part of a strategic move to meet the growing demand for affordable air travel. The A320-214 aircraft, scheduled for delivery in Q2 of 2024, will enhance Canada Jetlines' operational capabilities and contribute to the expansion of its fleet size in the coming year. The addition of these aircraft aligns with the company's mission to provide reliable and cost-effective travel options for travelers, while maintaining its commitment to safety and service excellence. -
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Canada Jetlines (NEO:CJET) Announces Closing of Additional Proceeds of $13.5 Million Equity Financing
Canada Jetlines Operations Ltd. (NEO:CJET), Canada's friendly leisure airline, has successfully closed an additional $2.66 million in proceeds from its non-brokered private placement with a single investor, Jetstream Aviation Inc. This brings the total raised to $13,500,001. Jetstream now holds approximately 30.69% of the issued and outstanding shares of Canada Jetlines. The funds raised will be used for aircraft acquisition and general corporate and working capital purposes. -
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Canada Jetlines Takes Flight: Inaugural Route from Toronto to Montego Bay
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Canada Jetlines Celebrates Record-Breaking Black Friday Week Ticket Sales
Canada Jetlines celebrates record-breaking Black Friday week ticket sales with over 4,000 seats sold, marking a historic milestone for the airline. The overwhelming demand underscores the trust and preference travelers place in Canada Jetlines for their travel needs -
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Canada Jetlines Announces Special Meeting Results
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Canada Jetlines Announces Q3 2023 Results
