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Canada Jetlines Operations Ltd., has provided an update on recent initiatives, and participation in the IRLABS investor roadshow across Canada.
Recent Operational and Financial Highlights
- New record of hours flown in August 2023 with 736 block hours flown in the month, following the previous record of 622 block hours established in July 2023;
- Took delivery of its third Airbus A320 aircraft;
- Reported total operating revenue for Q2 2023 of $8.8 million, a 72.8 per cent increase over Q1 2023;
- Announced expanded winter flight schedule between Toronto and Montego Bay, Jamaica and Orlando – in addition to existing services to Cancun, Mexico, and Las Vegas.
“We are making great strides and are pleased with our strong operational performance achieved this summer,” the company said in a statement. “As we head into the Fall and Winter months, we look forward to continued momentum as we expand our service into new sunny destinations. We have a great story to share and are committed to expanding our visibility and engaging with investors from coast to coast as the company continues on its growth trajectory.”
irlabs Investor Roadshow
Canada Jetlines said it will be participating in the irlabs Investor Roadshow, starting with a virtual presentation Sept. 13, 2023, followed by a four city in-person roadshow spanning Vancouver, Calgary, Toronto and Montreal. Click here to register.
Management will be visiting all four cities in-person.
This press release was prepared and distributed by Canada Jetlines Operations Ltd.
