on Canada Jetlines Ltd (NASDAQ:CJET.NE)
Canada Jetlines Announces Key Resignations and Financial Strategy
Toronto, ON / ACCESSWIRE / August 12, 2024 - Canada Jetlines Operations Ltd. (Cboe CA:CJET) has announced the resignation of key executives. The departing individuals include Ms. Brigitte Goersch, Mr. Ryan Goepel, Ms. Beth Horowitz, and Mr. Shawn Klerer. Ms. Brigitte Goersch has also stepped down as Chief Executive Officer.
The company's survival hinges on securing sufficient financing to support its growth towards profitable operations. Historically, Canada Jetlines has relied on a mix of debt, equity, and other facilities. The board of directors and management are actively pursuing additional capital. For now, the airline continues to operate as usual.
Further information will be provided as it becomes available.
R. P.
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