Le Lézard
Classified in: Transportation
Subject: IPO

NEO Exchange Announces Breakthrough Travel Industry Listing With IPO of Canada Jetlines


The NEO Exchange is proud to announce the public listing of Canada Jetlines ("Jetlines" or the "Company"), a charter airline aiming to commence flight operations in 2022. The Company begins trading today under the symbol CJET.

Jetlines was developed to provide Canadian consumers with greater choice and more affordable options for flying to sun-destinations in the southern U.S., Caribbean, and Mexico. Backed by a management team with significant experience in the Canadian and global airline industries, Jetlines is led by CEO Eddy Doyle, a pilot and retired Vice President of Flight Operations with Air Canada, who recently helped launch Bamboo Airlines in Vietnam.

"This is an important milestone for Jetlines," remarked Mr. Doyle. "After thoroughly reviewing all of the potential options to list in Canada, we are convinced that listing on the NEO Exchange, a senior stock exchange, best raises our profile among retail and institutional investors and provides a platform from which to expand our shareholder base as we execute our growth and value creation plans."

"We are proud to serve as the listing partner for Canada's newest airline as they set forth to make travel more accessible," commented Jos Schmitt, President and CEO of NEO. "Today's launch is another exciting watershed listing ? our first-ever in the travel industry. Less than a month ago, we announced our very first issuer in the mining industry. Together, these new listings serve as a testament to NEO's steady growth and expansion across all verticals."

Investors can trade shares of CJET through their usual investment channels, including discount brokerage platforms and full-service dealers.

The NEO Exchange is home to over 170 unique listings, including some of Canada's most innovative up-and-coming public companies and ETFs from Canada's largest ETF issuers. Backed by some of the most reputable financial organizations in Canada, the NEO Exchange facilitates close to 15% of all Canadian trading volume. Click here for a complete view of all NEO-listed securities.

About the NEO Exchange

The NEO Exchange is Canada's Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Connect with NEO: Website | LinkedIn | Twitter | Instagram | Facebook

About Canada Jetlines

Canada Jetlines is a 100% equity financed low-cost tour and charter leisure carrier that will utilize a growing fleet of Airbus 320 aircrafts to service popular sun destinations. It is expected to commence operations after receiving Canadian Transport Agency and Transport Canada approval.

Connect with Canada Jetlines: Website | Twitter | Instagram


These press releases may also interest you

at 19:56
Embraer delivered 25 jets in 1Q24, an increase of 67% compared to the 15 aircraft delivered in 1Q23. Executive Aviation showed robust delivery growth, soaring from 8 to 18 jets...

at 17:20
AerSale Corporation ("AerSale") announced a favorable recommendation by a U.S. Federal Magistrate Judge in AerSale's lawsuit with Jetaire Aerospace, LLC, Jetaire Flight Systems, LLC (collectively "Jetaire"), and Jetaire's owner Michael Williams,...

at 17:00
Seoul, Korea ? Philatron Wire and Cable, a leading American manufacturer of innovative wire and cable solutions, is excited to announce its participation in the upcoming EVS37 at the Coex Center in Seoul, Korea. Attendees are invited to...

at 17:00
Dingdong (Cayman) Limited ("Dingdong" or the "Company") , a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December...

at 16:15
Universal Logistics Holdings, Inc. was named a 2023 Supplier of the Year by General Motors ("GM"). GM celebrated honorees at its 32nd annual Supplier of the Year event in Miami, Florida last week....

at 16:05
Carnival Corporation & plc today announced that Carnival Corporation (the "Company") priced its private offering (the "Notes Offering") of ?500 million aggregate principal amount of 5.75% senior unsecured notes due 2030 (the...



News published on and distributed by: