Canada Jetlines Suspends Operations, Plans for Creditor Protection
Financial Difficulties Force Airline to Cease Operations
Canada Jetlines Ltd., a discount airline, announced on Thursday that it has been unable to secure the necessary financing to continue operations and plans to file for creditor protection. This has resulted in the immediate suspension of all flights by the airline.
Advising Passengers and Creditors
The airline has advised passengers to contact their credit card companies or travel agents for refunds or alternative travel arrangements. They also intend to file for creditor protection and have recommended that customers with outstanding balances contact them directly.
Future Uncertain for Canada Jetlines
The future of Canada Jetlines is uncertain following this news. The airline had faced challenges in getting its planes off the ground, with only a handful operating since its inaugural flight in 2022.
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