Skip to content
Funky Headlines

Funky Headlines

Viral Trending News

Primary Menu
  • Home
  • Automotive
  • Business
  • Health
  • Tech
  • Travel
  • News
  • Sitemap
  • Home
  • Canada Jetlines Ceasing Operations – Canadian Travel News
  • Business

Canada Jetlines Ceasing Operations – Canadian Travel News

Ambon 26/09/2024
Canada Jetlines Ceasing Operations – Canadian Travel News

Table of Contents

Toggle
  • Canada Jetlines Ceasing Operations
    • Related Post:
  • About the Author
Canada Jetlines Ceasing Operations – Canadian Travel News

Canada Jetlines Ceasing Operations

August 15, 2024 ctn_admin

CBC / Canadian Press – Canada Jetlines is grounding all flights and says it is temporarily ceasing airline operations effective immediately, making it the latest carrier to signal distress within Canada’s troubled commercial airline industry. 

The airline, which flew mainly to sun destinations out of Toronto, said Thursday it has been unable to find the capital needed to stay afloat and plans to file for creditor protection.

“The company … pursued all available financing alternatives including strategic transactions and equity and debt financings,” said spokeswoman Erica Dymond in a release.

“Unfortunately despite these efforts, the company has been unable to obtain the financing required to continue operations at this time.”

Read the full story here.

Related Post:

About the Author

ctn_admin
Tags: Canada Canadian Ceasing Jetlines News Operations Travel

Continue Reading

Previous: Elevated Living Offers Onboarding Tool to Streamline Tenant Integration – Technology Today
Next: Easy Trip Planners share price declines 8% on block deal news: Promoter to sell 8.5% stake

Related Stories

Gut bacteria may travel to the brain, worsening disease
  • Business

Gut bacteria may travel to the brain, worsening disease

Ambon 08/11/2024
Budget 2024: Business property relief halved on Aim shares
  • Business

Budget 2024: Business property relief halved on Aim shares

Ambon 08/11/2024
10 most affordable US cities with the best Christmas markets
  • Business

10 most affordable US cities with the best Christmas markets

Ambon 07/11/2024

Recent Posts

  • Brian Robinson Jr. Trending toward playing Sunday
  • Is personalised nutrition better than one-size-fits-all diet advice?
  • Would You Ditch Your ICE Vehicle for a (Discounted) EV? Rivian Hopes So.
  • Guernsey opts for Brittany Ferries
  • Gut bacteria may travel to the brain, worsening disease
No comments to show.

Archives

  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Automotive
  • Business
  • Health
  • News
  • Tech
  • Travel

bl

You may have missed

Brian Robinson Jr. Trending toward playing Sunday
  • News

Brian Robinson Jr. Trending toward playing Sunday

Ambon 09/11/2024
Is personalised nutrition better than one-size-fits-all diet advice?
  • Health

Is personalised nutrition better than one-size-fits-all diet advice?

Ambon 09/11/2024
Would You Ditch Your ICE Vehicle for a (Discounted) EV? Rivian Hopes So.
  • Automotive

Would You Ditch Your ICE Vehicle for a (Discounted) EV? Rivian Hopes So.

Ambon 08/11/2024
Guernsey opts for Brittany Ferries
  • Travel

Guernsey opts for Brittany Ferries

Ambon 08/11/2024
Copyright © All rights reserved. | MoreNews by AF themes.