passport Posted October 28, 2019 Share Posted October 28, 2019 Trading Halt Canada Jetlines, ceasing operations or positive update? Link to comment Share on other sites More sharing options...
internet Posted October 28, 2019 Share Posted October 28, 2019 Canada Jetlines postpones launch over financing challenges, lays off staff http://dlvr.it/RH8Nmp @GlobeBusiness Link to comment Share on other sites More sharing options...
CanadaEH Posted October 29, 2019 Share Posted October 29, 2019 So the article posted Sept 30 was not as positive as it suggested. Canada Jetlines will never be an airline. And Swoops creation to make it harder for new airlines to enter the market has worked. Link to comment Share on other sites More sharing options...
JL Posted October 29, 2019 Share Posted October 29, 2019 Swoop gone by the new year? Link to comment Share on other sites More sharing options...
SMP Posted October 29, 2019 Share Posted October 29, 2019 9 hours ago, JL said: Swoop gone by the new year? I doubt it... this is exactly why it was created. To have a pre-existing threat to anyone looking to bring new $$$ to the ULCC-ish market in Canada (and to chase Flair around). The result of a lesson learned in the mid 2000s when JetsGo wasn’t heeded until they were big enough that it took multiple years of over capacity (and everything that comes with that) before they ceased operations. Proactive vs Reactive Link to comment Share on other sites More sharing options...
Seeker Posted October 29, 2019 Share Posted October 29, 2019 (edited) 12 hours ago, internet said: Canada Jetlines postpones launch over financing challenges, lays off staff http://dlvr.it/RH8Nmp @GlobeBusiness That's too bad. I was hoping they'd get up and running, last 6 months and then strand 10-15,000 passengers all around the continent before going bankrupt. A good opportunity to educate the public, the media and the investors lost. I guess this means the investors have already been educated. Edited October 29, 2019 by seeker Link to comment Share on other sites More sharing options...
J.O. Posted October 29, 2019 Share Posted October 29, 2019 This thing has looked like nothing more than a flash in the pan since the beginning. 1 Link to comment Share on other sites More sharing options...
thor Posted October 29, 2019 Share Posted October 29, 2019 Obviously good foresight on behalf of the executive leadership team protecting the borders. Link to comment Share on other sites More sharing options...
Newman Posted October 29, 2019 Share Posted October 29, 2019 On the plus side, 5 or 6 different people padded their resume with President or CEO titles thanks to Jetlines. Link to comment Share on other sites More sharing options...
Guest Posted November 22, 2019 Share Posted November 22, 2019 Jetlines Commences Legal Proceedings Against WestJet Co-Founder David Neeleman and Affiliates Provided by Canada Jetlines Ltd/Globe Newswire 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 Complaint and any subsequent filings in the case will be available for public viewing on the US federal courts’ PACER system, usually within 24 hours of their docketing. The system can be accessed here: https://pcl.uscourts.gov/pcl/index.jsf. A copy of the Complaint is also available at https://jetlines.com/_resources/Complaint-Action-no-01850.pdf. Jetlines will make further announcements on the case in due course. Link to comment Share on other sites More sharing options...
Kip Powick Posted November 22, 2019 Share Posted November 22, 2019 (edited) Wow...the last link in the above post is really worth taking the time to read the entire thing............... Para 42......Here, FYI ,is someone we all know... 42. In June 2018 it was reported in the airline press that Neeleman had, along with others including Robert Milton, Michael Lazarus and Henri Coupron, formed a company to launch a new low-cost airline. The company is Breeze Aviation Group, a defendant herein, and the airline’s tentative working name is Moxy. Moxy was reported to have raised initial funding of $100 million USD, and to have purchased 60 new Airbus A220 aircraft for delivery beginning in 2020, to provide nonstop service to secondary airports located near major metropolitan areas, such as Providence (Rhode Island) near Boston, Stewart Airport north of New York City, and Gary (Indiana) near Chicago. In an article published in October 2018, Neeleman was quoted as claiming that the new airline will eventually fly hundreds of routes within the US and from the US to Europe and South America. Edited November 22, 2019 by Kip Powick speling 1 1 Link to comment Share on other sites More sharing options...
J.O. Posted November 22, 2019 Share Posted November 22, 2019 4 hours ago, Kip Powick said: Wow...the last link in the above post is really worth taking the time to read the entire thing............... Obviously it doesn't include any statements of defense, but those are pretty damning arguments. Link to comment Share on other sites More sharing options...
Super 80 Posted November 22, 2019 Share Posted November 22, 2019 If I was working for these guys and Neeleman wanted to give me a job... umm... yeah. Link to comment Share on other sites More sharing options...
J.O. Posted November 22, 2019 Share Posted November 22, 2019 (edited) I have a feeling you wouldn’t play it the way Johnson did though. I’m really surprised he isn’t named in the suit. Edited November 22, 2019 by J.O. Link to comment Share on other sites More sharing options...
Guest Posted May 6, 2020 Share Posted May 6, 2020 Global Crossing Airlines and Canada Jetlines Ltd. Announce CAD100 Million Equity Investment Agreement with The Global Emerging Markets 6 May 2020Canadian Aviation News From Canada Jetlines Ltd May 6, 2020 – VANCOUVER, BRITISH COLUMBIA, Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (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, 2020 at 10:00 a.m. (PDT). The Company also confirms that it has received conditional approval for the Transaction from the TSX Venture Exchange. A copy of the Notice of Meeting, Information Circular, Proxy and Voting Instruction form (collectively, the “Meeting Materials”) are available on the Company’s SEDAR profile at http://www.sedar.com. It is the intention of the Company to hold the Meeting at the location stated in this Notice of Meeting. However, due restrictions and recommendations regarding public meetings and social distancing measures as a result of COVID‐19, shareholders and other guests are strongly encouraged not to attend in person at the Meeting. Given concerns regarding COVID‐19 and to mitigate risks to the health and safety of our communities, the Company encourages shareholders to vote in advance of the Meeting and reminds them that proxy voting instructions are included in the notice of Meeting, management information circular and proxy statements provided to them in connection with the Meeting (collectively, the “Meeting Materials”). Completed registered shareholder proxies can be mailed ahead of time, as usual to the Company’s transfer agent, Computershare Investor Services Inc. at 9th Floor, 100 University Avenue, Toronto, Ontario M5J 2Y1, by telephone at 1‐866‐964‐0492 or online at http://www.investorvote.com for tabulation in advance of the Meeting. The Company reserves the right to take any additional pre-cautionary measures deemed to be appropriate, necessary or advisable in relation to the Meeting in response to further developments in the COVID-19 outbreak, including: (i) holding the Meeting virtually or by providing a webcast of the Meeting; (ii) hosting the Meeting solely by means of remote communication; (iii) changing the Meeting date and/or changing the means of holding the Meeting; (iv) denying access to persons who exhibit cold or flu-like symptoms, or who have, or have been in close contact with someone who has, travelled to/from outside of Canada within the 14 days immediately prior to the Meeting; and (v) such other measures as may be recommended by public health authorities in connection with gatherings of persons such as the Meeting. Should any such changes to the Meeting format occur, the Company will announce any and all of these changes by way of news release, which will be filed under the Company’s profile on SEDAR. Additional information as required will be provided by way of a subsequent news release. Trading in the common shares of the Company on the Exchange will remain halted until such time as the requirements of the Exchange are met. Completion of the Transaction is subject to a number of conditions, including Exchange acceptance and disinterested shareholder approval. The transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the Management Information Circular to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Jetlines should be considered highly speculative. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Link to comment Share on other sites More sharing options...
Guest Posted September 8, 2020 Share Posted September 8, 2020 Global Crossing Announces Plans for Spin-Out of Canada Jetlines Operations 8 September 2020Canadian Aviation News MIAMI, FLORIDA, September 8, 2020 – Global Crossing Airlines Inc. (TSXV: JET) (OTC Pink: JETMF) (the “Company” or “GlobalX“) is pleased to announce its intention to spin-out its 100% owned Canada Jetlines Operations Ltd. subsidiary to an existing shell company and renaming it Canada Jetlines Vacations (“CJV”). Subject to concluding satisfactory terms, GlobalX intends to provide CJV with aircraft and crews to fly Vacation charters to Florida, Atlantic City and the Caribbean. GlobalX will retain a controlling interest in CJV and is evaluating distributing this residual ownership interest in CJV to its shareholders on a pro-rata basis.”We believe Canadians seek more alternatives when it comes to airlines and vacation providers,” stated Ed Wegel, Chairman and CEO of Global X. “We believe by creating a stand-alone public company committed to serving the Canadian market represents a unique opportunity and will ultimately bring to fruition the long term vision of our original Canada Jetlines shareholders to provide choice to Canadians when it comes to vacation and air travel.”Mr. Wegel added “we have identified funding sources to complete the proposed transaction, subject to completion of a public listing of Canada Jetlines Vacations and other customary conditions”.The completion of this transaction would not affect in any way the current shareholdings of shareholders in Global Crossing Airlines Inc. The completion of this transaction and distribution of any securities to shareholders in the new proposed company is subject to a number of conditions including the completion of legal and tax structuring analysis, identification of a suitable shell company, completion of financing and receipt of required regulatory approvals. There is no certainty the transaction will be completed on the terms proposed or at all. Further details will be provided in subsequent news releases. Share this: Link to comment Share on other sites More sharing options...
Guest Posted September 14, 2020 Share Posted September 14, 2020 G GLOBAL CROSSING AIRLINES SIGNS JOINT VENTURE AGREEMENT WITH LEADING GROUND AND PASSENGER HANDLING COMPANY September 14, 2020 (JET: TSX-V) (JETMF: OTC) MIAMI, FLORIDA, Sept. 14, 2020, 2020 – Global Crossing Airlines Inc. (JET: TSX-V) (the “Company” or “GlobalX”) has signed a Joint Venture Agreement (the “JV”) with Global Aviation Services, Inc. of Toronto, Ontario, Canada (“GAS”), a leading supplier of aircraft ground and passenger handling capabilities with over 45 airline clients and operating at airports in both Canada and the United States. The JV will launch GlobalX Ground Team™, which will initially provide all of the ground and passenger handling requirements for GlobalX Airlines at airports in the US (including Miami, Ft. Lauderdale and Atlantic City), and internationally (including Toronto, Montreal and Nassau, Bahamas) and will provide expansion to other airports as GlobalX prepares for its launch as a Airbus A320 charter airline. Each of GlobalX and GAS will hold a 50% interest in the JV. No shares of GlobalX are being issued in connection with this transaction. Ed Wegel, Chairman of GlobalX, stated “We are very pleased to be working with GAS to create this JV. It will allow us to establish Ground Team™ to not only handle GlobalX requirements but eventually other airlines as well.” Added Juan Nunez, VP-Operations for GlobalX, “This JV with GAS will allow us to better control and fully integrate the handling of our aircraft, above and below wing, to ensure the highest standards for passenger and ramp handling are met and exceeded, and increase our efficiency and reduce our costs.” Carm Borg, Founder and Chairman of the Board of GAS, said "We are very excited about this new partnership for ground handling with GlobalX and we are excited to welcome them to our growing list of airlines and to our Global Family. The potential for GAS to expand our footprint with GlobalX is great, and we look forward to contributing to the success of this new venture." Colin Saunders, Chief Executive Officer of GAS added "We are thrilled about this new venture with GlobalX. We are positioned well to provide great service for GlobalX passengers and we are eager to get started! We look forward to showcasing our "ABOVE and BEYOND" values with our new airline partners." Link to comment Share on other sites More sharing options...
Guest1 Posted May 19, 2021 Share Posted May 19, 2021 Canada Jetlines Hires Brad Warren as Vice President of Maintenance 18 May 2021Canadian Aviation News Toronto, Ontario–(Newsfile Corp. – May 18, 2021) – Global Crossing Airlines Group, Inc. (TSXV: JET) (OTCQB: JETMF) the “Company” or “GlobalX”) is pleased to announce the hiring of Brad Warren as Vice President of Maintenance for its subsidiary Canada Jetlines Operations Ltd. (“Jetlines”). Brad will be the Person Responsible for Maintenance (PRM), a key Transport Canada approved post, leading the development of the maintenance department through the certification process. Brad has more than 25 years of maintenance experience, most recently serving as Managing Director at Air Canada accountable for line maintenance with more than 1,800 maintenance technicians in Canada and globally. His prior experience includes Vice President of Maintenance for Air Georgian and Regional 1 airlines, including the role of PRM before taking a senior leadership role at Air Canada Rouge. “Having worked previously with Brad, I know him to be a seasoned and skilled manager with extensive experience and industry knowledge. He is the ideal choice for the Vice President of Maintenance role for Canada Jetlines,” says Eddy Doyle, President of Jetlines. About Global Crossing Airlines Group GlobalX is a US Part 121 domestic, flag, and supplemental airline now in FAA certification using the Airbus A320 family of aircraft. GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations. Subject to FAA and DOT approvals, GlobalX intends to fly as an ACMI and wet lease charter airline serving the US, Caribbean and Latin American markets. For more information, please visit http://www.globalxair.com. 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. For more information about everything Canada Jetlines, please visit http://www.jetlines.ca. Canada Jetlines/Global CrossingCanada Jetlines/Global Crossing Link to comment Share on other sites More sharing options...
conehead Posted May 19, 2021 Share Posted May 19, 2021 10 minutes ago, Kargokings said: Canada Jetlines Hires Brad Warren as Vice President of Maintenance 18 May 2021Canadian Aviation News Toronto, Ontario–(Newsfile Corp. – May 18, 2021) – Global Crossing Airlines Group, Inc. (TSXV: JET) (OTCQB: JETMF) the “Company” or “GlobalX”) is pleased to announce the hiring of Brad Warren as Vice President of Maintenance for its subsidiary Canada Jetlines Operations Ltd. (“Jetlines”). Brad will be the Person Responsible for Maintenance (PRM), a key Transport Canada approved post, leading the development of the maintenance department through the certification process. Brad has more than 25 years of maintenance experience, most recently serving as Managing Director at Air Canada accountable for line maintenance with more than 1,800 maintenance technicians in Canada and globally. His prior experience includes Vice President of Maintenance for Air Georgian and Regional 1 airlines, including the role of PRM before taking a senior leadership role at Air Canada Rouge. “Having worked previously with Brad, I know him to be a seasoned and skilled manager with extensive experience and industry knowledge. He is the ideal choice for the Vice President of Maintenance role for Canada Jetlines,” says Eddy Doyle, President of Jetlines. About Global Crossing Airlines Group GlobalX is a US Part 121 domestic, flag, and supplemental airline now in FAA certification using the Airbus A320 family of aircraft. GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations. Subject to FAA and DOT approvals, GlobalX intends to fly as an ACMI and wet lease charter airline serving the US, Caribbean and Latin American markets. For more information, please visit http://www.globalxair.com. 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. For more information about everything Canada Jetlines, please visit http://www.jetlines.ca. Canada Jetlines/Global CrossingCanada Jetlines/Global Crossing Hey, I know that guy... Link to comment Share on other sites More sharing options...
J.O. Posted May 19, 2021 Share Posted May 19, 2021 This has to be a record in terms of the number of years an upstart carrier has been making announcements but has yet to fly a single minute of revenue operations. Wish I had pockets that deep ... Link to comment Share on other sites More sharing options...
Guest1 Posted May 25, 2021 Share Posted May 25, 2021 On 5/19/2021 at 9:25 AM, J.O. said: This has to be a record in terms of the number of years an upstart carrier has been making announcements but has yet to fly a single minute of revenue operations. Wish I had pockets that deep ... Looks like they are getting serious. GALLERY LINKS Canadian Airlines Canadian Airports Manufacturers, Museums, Organisation and Other 2021 Snowbirds ABOUT US SEARCH CANADIAN AVIATION NEWS CANADIAN AIRLINE AND INDUSTRY NEWS Global Crossing Airlines Announces Interim Order for Spin-Out of Canada Jetlines 25 May 2021Canadian Aviation News MIAMI, FL., May 25, 2021 – Global Crossing Airlines Group Inc. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce the receipt of an Interim 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. Having obtained the Interim Order, GlobalX has posted an Information Notice on SEDAR at www.sedar.com that contains all of the details regarding the Arrangement. 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. After distribution GlobalX will retain 25% of Jetlines shares, with 75% held by GlobalX shareholders as of the Record Date. GlobalX has determined that, subject to receipt of final approval from the Supreme Court of British Columbia the Record Date will be Thursday, June 24, 2021. 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. Link to comment Share on other sites More sharing options...
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