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MJInvestor101 wrote: July 30th 2014 – Jetlines says going live Spring 2015 https://globalnews.ca/news/1483295/new-ultra-low-cost-air-carrier-jetlines-aims-for-spring-launch/ February 17th 2016 https://biv.com/article/2016/02/no-frills-airline-canada-jetlines-once-again-readi February 27th 2016 – Jetlines says sill going ahead after abruptly cancelling plans for launch in 2015. (lawsuit) https://biv.com/article/2016/02/no-frills-airline-canada-jetlines-once-again-readi In June 2016 the airline announced that it had asked the Canadian government to relax its legal requirement for Canadian airlines to have no more than 25% foreign ownership, allowing Canada Jetlines to seek foreign investment up to the level of 49% ownership.[5] On November 3, 2016, Transport Minister Marc Garneau approved Jetlines' request for exemption from the current foreign ownership rules, which allowed the airline to access necessary capital in order to begin operations.[6] The airline has one ownership member from Europe and a board made up of industry members from Europe and the United States. – why this is necessary is not clear since they have access to the public markets and can raise capital that way. November 15th 2016 – Jetlines says it is going live Spring 2016 (in Kitchener Ont.) – Airport only cautiously optimistic they will go ahead. (sees this all the time) https://kitchener.ctvnews.ca/new-ultra-low-cost-airline-eyes-ykf-as-possible-hub-1.3162291 Summer 2017 launch announced. https://business.financialpost.com/transportation/the-race-is-on-to-launch-new-ultra-low-cost-airline-after-canada-grants-foreign-ownership-exemptions September 12th 2017 – Jetlines announces Summer 2018 launch https://www.routesonline.com/news/29/breaking-news/274741/canada-jetlines-reveals-toronto-launch-plans/ October 2017 – Jetlines scales back launch scope for 2018. https://www.theglobeandmail.com/report-on-business/canada-jetlines-scales-back-takeoff-plans/article36760656/ March 2018 – Cancelled launch date with no new date https://www.travelweek.ca/news/canada-jetlines-delays-launch-with-no-new-start-up-date-in-sight/
July 30th 2014 – Jetlines says going live Spring 2015
https://globalnews.ca/news/1483295/new-ultra-low-cost-air-carrier-jetlines-aims-for-spring-launch/
February 17th 2016
https://biv.com/article/2016/02/no-frills-airline-canada-jetlines-once-again-readi
February 27th 2016 – Jetlines says sill going ahead after abruptly cancelling plans for launch in 2015. (lawsuit)
In June 2016 the airline announced that it had asked the Canadian government to relax its legal requirement for Canadian airlines to have no more than 25% foreign ownership, allowing Canada Jetlines to seek foreign investment up to the level of 49% ownership.[5] On November 3, 2016, Transport Minister Marc Garneau approved Jetlines' request for exemption from the current foreign ownership rules, which allowed the airline to access necessary capital in order to begin operations.[6] The airline has one ownership member from Europe and a board made up of industry members from Europe and the United States. – why this is necessary is not clear since they have access to the public markets and can raise capital that way.
November 15th 2016 – Jetlines says it is going live Spring 2016 (in Kitchener Ont.) – Airport only cautiously optimistic they will go ahead. (sees this all the time)
https://kitchener.ctvnews.ca/new-ultra-low-cost-airline-eyes-ykf-as-possible-hub-1.3162291
Summer 2017 launch announced.
https://business.financialpost.com/transportation/the-race-is-on-to-launch-new-ultra-low-cost-airline-after-canada-grants-foreign-ownership-exemptions
September 12th 2017 – Jetlines announces Summer 2018 launch
https://www.routesonline.com/news/29/breaking-news/274741/canada-jetlines-reveals-toronto-launch-plans/
October 2017 – Jetlines scales back launch scope for 2018.
https://www.theglobeandmail.com/report-on-business/canada-jetlines-scales-back-takeoff-plans/article36760656/
March 2018 – Cancelled launch date with no new date
https://www.travelweek.ca/news/canada-jetlines-delays-launch-with-no-new-start-up-date-in-sight/