The TICO Board of Administrators approves Canada Jetlines as a registered journey retailer and journey wholesaler below the Journey Trade Act

The TICO Board of Administrators approves Canada Jetlines as a registered journey retailer and journey wholesaler below the Journey Trade Act

TORONTO, June 23, 2022–(BUSINESS WIRE)–Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada jet traces“), the brand new all-Canadian leisure airline, is proud to announce the Journey Trade Council of Ontario (“TICO“) has permitted the airline’s subsidiary, Canada Jetlines Holidays Ltd., as a journey retailer and journey wholesaler below the Itinerant Commerce Act2022.

TICO is remitted by the Ontario Authorities to manage the Ontario Journey Trade Act of 2002 and Ontario Regulation 26/05, which regulates roughly 2,100 Ontario registered journey retailers and journey wholesalers and offers Canadian vacationers with confidence by means of their seal of approval.

A latest survey of Ontario shoppers discovered that 82% of respondents consider it will be important that the journey agent or web site they e book with is regulated. TICO ensures that each one registered businesses and web sites are safe, dependable and provide buyer safety and advantages.

“Canada Jetlines Holidays is thrilled to obtain official approval from the extremely revered TICO group,” stated Duncan Bureau, CCO, Canada Jetlines. “We sit up for providing our passengers the assets and client safety advantages to create a secure and environment friendly journey expertise as a TICO-registered firm.”

Based in 1997, TICO is a not-for-profit company wholly funded by Ontario registered journey businesses and wholesalers. It administers the Journey Trade Act of 2002 and the Ontario Journey Trade Compensation Fund. For extra info, go to TICO’s web site at www.tico.ca.

Go to www.jetlines.com to be taught extra, join electronic mail updates and observe on all social media platforms to hitch the Canada Jetlines household.

About Canada Jetlines
Canada Jetlines is a well-capitalised, leisure-focused airline working a rising fleet of Airbus 320 plane focused for launch in summer time 2022, topic to Transport Canada approval. The airline was established to offer Canadians with beneficial trip choices and handy journey to achieve superb trip locations in Canada, United States, Cuba, Jamaica, St. Lucia, Antigua, The Bahamas and different Caribbean nations. Canada Jetlines will provide thrilling trip packages to iconic Canadian locations and past by means of robust partnerships with airports, CVBs, tourism corporations, accommodations, foodservice manufacturers and points of interest. With projected development of 15 plane by 2025, Canada Jetlines goals to supply the trade’s greatest working economics, buyer comfort and fly-by-wire know-how, delivering an elevated guest-centric expertise from the primary touchpoint. The environment friendly plane design, fused with the expertise of the all-Canadian administration staff, allows accessible flight choices with out sacrificing high quality or consolation. The airline will use a state-of-the-art internet reserving platform that may present shoppers, journey brokers and tour operators with the turnkey answer, with the power to generate income from reservations and ancillary gross sales to create extra income alternatives to present and future agent companions and all of the work, that they afford. We sit up for working with you to create memorable journey experiences for shoppers. To seek out out extra, please go to www.jetlines.com and observe all social media platforms for information and updates.

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Cautionary Assertion Concerning Ahead-Wanting Info
This press launch accommodates “forward-looking info” relating to anticipated developments and occasions that will happen sooner or later. Ahead-looking info contained on this press launch consists of, however will not be restricted to, the Firm’s intention to function as a leisure airline, its intention to supply the bottom attainable fare, the variety of plane it intends to function, the locations of its supposed flights , the completion of Transport Canada’s allowing course of, development plans, proposed timeline for graduation of service to locations, future operations of Canada Jetlines Holidays and Jetlines’ enterprise.

In sure situations, forward-looking info might be recognized by means of phrases resembling “plans”, “expects”, “funds”, “deliberate”, “estimates”, “forecast”, “intends”, “anticipated” or deviations from such phrases and phrases or statements that sure actions, occasions or outcomes “might”, “may”, “would”, “may” or “be taken”, “happen” or “be achieved”, that are indicative of future outcomes, or different expectations, Beliefs, plans, targets, assumptions, intentions or statements about future occasions or efficiency. The forward-looking info contained on this press launch is predicated on sure components and assumptions, together with, however not restricted to, acquiring financing to start operations, the accuracy, reliability and success of Jetlines’ enterprise mannequin; the well timed receipt of regulatory approvals, together with from CTA and Transport Canada; Jetlines Completes Definitive Settlement for Plane to Start Flight Operations; the well timed graduation of jetline operations and the success of such operations; the authorized and regulatory atmosphere of the jurisdictions by which Jetlines does enterprise or has operations; the affect of competitors and the response of competitors to Jetlines’ enterprise technique; and plane availability. Though the Firm believes these assumptions to be cheap based mostly on the knowledge presently out there to it, they might show to be incorrect.

Ahead-looking info includes identified and unknown dangers, uncertainties and different components that would trigger the Firm’s precise outcomes, efficiency or achievements to vary materially from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info . These components embody dangers associated to the power to acquire financing on acceptable phrases, the affect of normal financial circumstances, home and worldwide airline trade circumstances, the Firm’s failure to enter into definitive agreements to accumulate plane, provide chain disruptions, the anticipated delays result in schedules, the affect of worldwide uncertainty attributable to COVID-19, future relationships with shareholders, volatility in gasoline costs, will increase in working prices, terrorism, pandemics, pure disasters, foreign money fluctuations, rates of interest, dangers particular to the airline trade, administration capacity , implementing Jetlines’ operational technique, the power to draw certified administration and personnel, labor disputes, regulatory dangers, together with dangers associated to acquiring the mandatory licenses and permits by Transport Canada, the Canadian Transportation Company and different regulatory authorities, and the extra dangers recognized within the “Danger Components” part of the Firm’s stories and filings with related Canadian securities regulators. Though the Firm has tried to determine vital components that would trigger precise outcomes to vary materially from these described within the forward-looking info, there could also be different components that trigger outcomes to not be as anticipated, estimated or supposed stand out. Accordingly, readers mustn’t place undue reliance on forward-looking info. The forward-looking info is as of the date of this press launch. Besides as required by relevant securities legal guidelines, the Firm undertakes no obligation to publicly replace any forward-looking info.

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20220623005323/en/

contacts

Media:
media@jetlines.ca

Investor Relations:
Jeff Walker, Vice President – ​​The Howard Group
jeff@howardgroupinc.com
403.221.0915
Toll-free: 1.888.221.0915

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