Canada Jetlines, Ltd., operating and branded as jetlines, was a Canadian airline headquartered in Mississauga, Ontario. It operated scheduled and charter flights in the Americas and the Caribbean. The airline launched its inaugural flight on September 22, 2022, from Toronto Pearson to Calgary.
In August 2024, it ceased operations and said that it would seek creditor protection. It was declared bankrupt on September 11, 2024.[3]
History
In June 2016, the airline announced that it had asked the Canadian government to relax its legal requirement for Canadian airlines to have no more than 25% foreign ownership, allowing Canada Jetlines to seek foreign investment up to the level of 49% ownership.[4] On November 3, 2016, Transport Minister Marc Garneau approved Jetlines' request for exemption from the current foreign ownership rules, which allowed the airline to access necessary capital in order to begin operations.[5] The airline has one minority owner from Europe and a board made up of aviation industry members from Europe and the United States.