reports
Global Crossing Airlines Group Inc: 1 director
A director at Global Crossing Airlines Group Inc sold 6,337,313 shares at 1.290USD and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...
Global Crossing Airlines Announces Board Appointment and Capital Marke...
Miami, Florida--(Newsfile Corp. - June 29, 2020) - Global Crossing Airlines Inc. (TSXV: JET) (the "Company" or "GlobalX") is pleased to announce the appointment of Mr. Zygimantas Surintas, CEO of SmartLynx Airlines ("SmartLynx"), to the Company's board of directors. His appointment follows the previously announced comprehensive commercial agreement covering several areas for cooperation and for the exchange of aircraft on damp lease during each airline's peak periods. The areas of cooperation include the reduction of costs through shared services, pilot and cabin crew recruitment and training...
Global Crossing Airlines Announces Closing of Business Combination Tra...
Miami, Florida--(Newsfile Corp. - June 23, 2020) - Global Crossing Airlines Inc. (TSXV: JET) (the "Company" or "GlobalX" formerly known as Canada Jetlines Ltd.) is pleased to announce that it has closed the business combination of Global Crossing Airlines, Inc. ("Global USA") and the Company (the "Transaction"), including the completion of a US$1,543,600 million financing. Trading of the Company's common shares will resume at the opening on June 25, 2020 under the ticker symbol "JET" on the TSX Venture Exchange.Closing of Business Combination TransactionThe Company has closed the previously a...
Canada Jetlines Expands Financing Participation to Include Existing Sh...
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2020) - Canada Jetlines Ltd. (TSXV: JET) (the "Company" or "Jetlines") is pleased to announce that due to demand, it is expanding the availability of its US$1.5 million financing (the "Offering") to allow participation from existing securityholders who may not otherwise qualify as accredited investors. The Offering is being completed in connection with the shareholder approved the business combination transaction (the "Transaction") of Global Crossing Airlines, Inc. ("GlobalX") and Jetlines.The Offering consists of units issued at US$0.25...
Canada Jetlines Confirms Shareholder Approval of Transaction and Provi...
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - Canada Jetlines Ltd. (JET: TSX-V) (the "Company" or "Jetlines") is pleased to announce that its shareholders have overwhelmingly approved the business combination transaction (the "Transaction") of Global Crossing Airlines, Inc. ("GlobalX") and Jetlines. At Jetlines' Special Meeting of shareholders, 95.89% of the common and variable voting shares were voted in favour of the Transaction. With shareholder approval of the Transaction completed, GlobalX and Jetlines are working to satisfy the final closing conditions. The parties are ...
Canada Jetlines Announces that Global Crossing Airlines and SmartLynx ...
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - Canada Jetlines Ltd. (TSXV: JET) (the "Company" or "Jetlines") is pleased to announce that Global Crossing Airlines, Inc. ("GlobalX") and SmartLynx Airlines have entered into a comprehensive commercial agreement covering several areas for cooperation and for the exchange of aircraft on damp lease during each airline's peak periods. A copy of the press release can be found here - . Additional Information As previously announced, the Company and GlobalX have entered into a business combination transaction pursuant to which the Compan...
DGAP-News: Global Crossing Airlines and Canada Jetlines Ltd. Announce ...
DGAP-News: Canada Jetlines Ltd. / Key word(s): Miscellaneous Global Crossing Airlines and Canada Jetlines Ltd. Announce CAD100 Million Equity Investment Agreement with the Global Emerging Markets 06.05.2020 / 15:00 The issuer is solely responsible for the content of this announcement. Miami, Florida--(Newsfile Corp. - May 6, 2020) - Global Crossing Airlines, Inc. ("GlobalX") and Canada Jetlines Ltd. (TSXV: JET) (the "Company" or "Jetlines") are pleased to announce that GlobalX has signed an agreement ("Agreement") with GEM Global Yield LLC SCS ("GEM"), the private alte...
Global Crossing Airlines and Canada Jetlines Ltd. Announce CAD100 Mill...
Miami, Florida--(Newsfile Corp. - May 6, 2020) - Global Crossing Airlines, Inc. ("GlobalX") and Canada Jetlines Ltd. (TSXV: JET) (the "Company" or "Jetlines") are pleased to announce that GlobalX has signed an agreement ("Agreement") with GEM Global Yield LLC SCS ("GEM"), the private alternative investment group to provide the GlobalX with up to CAD 100 million over a 36 month term following the previously announced business combination of GlobalX and Jetlines (the "Transaction"). Upon completion of the Transaction, Jetlines will have acquired GlobalX and the resulting issuer will be named Gl...
Jetlines Schedules Special Meeting to Approve Global Crossing Transact...
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Canada Jetlines Ltd. (TSXV: JET) (OTCQB: JETMF) (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 ...
Jetlines and Global Crossing Airlines Execute Definitive Agreement
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - Canada Jetlines Ltd. (TSXV: JET) (OTCQB: JETMF) (the "Company" or "Jetlines") is pleased to announce that further to the news release by the Company on December 13, 2019, the Company has now entered into a definitive agreement (the "Definitive Agreement") with Global Crossing Airlines, Inc. ("GLOBALX") with respect to a business combination of Jetlines and GLOBALX (the "Transaction"). The parties are now preparing the disclosure documents required by the TSX Venture Exchange ("Exchange") and the Company will call a shareholders...
Jetlines Announces Business Combination with Global Crossing Airlines
Jetlines Announces Business Combination with Global Crossing Airlines VANCOUVER, British Columbia, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) announces that it has entered into a letter of intent (the “LOI”) with Global Crossing Airlines (“GLOBALX”) with respect to a business combination of Jetlines and GLOBALX (the “Transaction”). GLOBALX is a developing United States based charter airline and is financially backed by two Miami based private-equity firms. GLOBALX is a Delaware corporation in the pre-revenue stage with ...
Jetlines Commences Legal Proceedings Against WestJet Co-Founder David ...
Jetlines Commences Legal Proceedings Against WestJet Co-Founder David Neeleman and Affiliates 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 ...
Jetlines loses SmartLynx and InHarv investments, postpones launch and ...
Jetlines loses SmartLynx and InHarv investments, postpones launch and reduces its activity until the Competition Bureau finalizes its WestJet investigation VANCOUVER, British Columbia, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) postpones launch date until Competition Bureau defines its position. The Company advises that it has not satisfied the financing condition to secure $40 million in financing in addition to the funds committed by SmartLynx. As a result, SmartLynx and InHarv ULCC Growth Fund have exercised their ri...
Jetlines Provides Operations Update
Jetlines Provides Operations Update VANCOUVER, British Columbia, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to provide a further update on its advancement of operations and corporate matters. Jetlines recently signed a 7-year agreement with Jeppesen to supply the Enroute, Approach Navigation Charts and Airway Manuals. This information is delivered to each pilot’s Electronic Flight Bags digitally by Jeppesen FliteDeck Pro, the industry’s leading navigation app. Jeppesen is a market leader and has been provid...
Jetlines Provides Financing Update
Jetlines Provides Financing Update VANCOUVER, British Columbia, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) is providing an update on its financing progress. The Company has made significant advancements towards launching commercial airline operations which have been detailed in prior news releases. Commercial agreements have been concluded with airports, suppliers, service providers and other key stakeholders. Jetlines has also made progress in the licensing process through the submission of operations manuals and licen...
Jetlines Confirms SmartLynx Commitment and Provides Commercial and Ope...
Jetlines Confirms SmartLynx Commitment and Provides Commercial and Operational Updates VANCOUVER, British Columbia, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) announces that SmartLynx Airlines SIA (“SmartLynx”) remains committed to Jetlines and has agreed to extend the funding milestone under the definitive subscription agreement. The new deadline is September 30, 2019, such completion date subject to further extension or waiver by SmartLynx based on its assessment of corporate progress (see update below on commercial a...
Jetlines and SmartLynx Confirm $7.5 Million Financing Still Proceeding
Jetlines and SmartLynx Confirm $7.5 Million Financing Still Proceeding VANCOUVER, British Columbia, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) and SmartLynx Airlines SIA (“SmartLynx”) are issuing this press release to confirm that the previously announced $7.5 million financing is still proceeding. Jetlines and SmartLynx agreed to restructure the financing such that it will be completed by way of a convertible debenture instead of subscription receipts. For regulatory reporting purposes, SmartLynx was required to issue a...
SmartLynx Airlines SIA: Early Warning Report
This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Vancouver, British Columbia--(Newsfile Corp. - July 31, 2019) - Further to an Early Warning Report and press release of SmartLynx dated December 27, 2018 whereby SmartLynx announced the acquisition of 22,727,272 subscription receipts (the "Subscription Receipts") of Jetlines, at a price of C$0.33 per Subscription Receipt, for total consideration of C$7,499,999.76 (the "Subscription ...
Jetlines Announces Definitive Subscription Agreement for Amended Smart...
Jetlines Announces Definitive Subscription Agreement for Amended SmartLynx Financing VANCOUVER, British Columbia, July 30, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”) announces that, further to its press release of July 8, 2019, SmartLynx Airlines SIA (“SmartLynx”) and Jetlines have entered into a definitive subscription agreement (the “Agreement”) with respect to the amended terms of the $7.5 million financing by SmartLynx. Under the amended terms of the financing, SmartLynx will provide $7.5 million in financing under the terms ...
Jetlines calls out the lack of Canadian Airline Competition with Firs...
Jetlines calls out the lack of Canadian Airline Competition with First-Ever Protest in the Sky The ultra-low-cost carrier is encouraging Canadians to sign a petition to show they want increased competition and decreased airfares LINK TO VIDEO ASSET: VANCOUVER, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) -- Canada Jetlines Ltd. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “Jetlines”), the first ultra-low-fare carrier in Canada has staged a protest in the one place the airline duopoly think they own: the sky. Using four planes, 18 skydivers and the Jetlines CEO, an airborne prot...
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