Canada Jetlines Provides Details of Upcoming Management Webinar

Toronto, Ontario--(Newsfile Corp. - December 8, 2021) - Canada Jetlines Operations Ltd. (NEO: CJET) (the "Company" or "Jetlines") is pleased to announce that it will be hosting a Zoom webinar to discuss progress made ahead of completion of the airline licensing process.

When: Thursday, December 9, 2021, 02:00 PM Eastern Time (US and Canada)

Topic: Canada Jetlines Management Update

Register in advance for this webinar:

https://us02web.zoom.us/webinar/register/WN_ofBsH4BfRm-tAakLk0yy8Q

After registering, you will receive a confirmation email containing information about joining the webinar.

About Canada Jetlines

Canada Jetlines is a 100% equity financed and well capitalized low-cost tour and charter leisure carrier that will utilize a growing fleet of Airbus 320 aircraft to service popular sun destinations targeting a start in early 2022, subject to Canadian Transport Agency and Transport Canada approval. Please visit www.jetlines.ca.

For more information, please contact:

Eddy Doyle
Chief Executive Officer
Canada Jetlines Operations Ltd.
Email: investor.relations@jetlines.ca

Or

Jeff Walker, Vice President - The Howard Group
Email: jeff@howardgroupinc.com
Tel: 403.221.0915
Toll Free: 1.888.221.0915

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to the use of proceeds of the Offering, the Company's intention to fly as a low-cost airline, the destinations of its intended flights and the completion of the CTA approval process, intended timeline to begin servicing destinations and business of Jetlines.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or " or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to commence airline operations, the accuracy, reliability and success of Jetlines' business model; the timely receipt of governmental approvals; Jetlines concluding a definitive agreement for aircraft to commence airline operations; timely commencement of operations by Jetlines and success of such operations; the legislative and regulatory environments of the jurisdictions where Jetlines will carry on business or have operations; the impact of competition and the competitive response to Jetlines' business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude a definitive agreement to acquire aircraft, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement Jetlines' operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits from Transport Canada, the Canadian Transportation Agency and other regulatory agencies, and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107037

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