To date, Canada Jetlines has been unable to secure financing to continue operations. The airline plans to protect itself from its creditors.

“The company’s continued operation depends on its ability to raise sufficient funds and develop the airline until it can begin to operate profitably,” spokeswoman Erica Dymond said in a statement.

At the beginning of the week, the news was not good: Canada Jetlines announced the resignation of four senior executives, including Brigitte Goersch, the airline’s President and CEO.

Canada Jetlines’ inaugural flight took place in September 2022 between Toronto and Calgary airports.

Canada Jetlines recommends that passengers with reservations “contact their credit card company for travel reimbursement”. Read our tutorial to find out how to make a chargeback to your credit card issuer.

Know that the AirHelp website to check whether you are entitled to compensation. All you have to do is fill in the form on your flight, submit it and let the company take care of all the legal details.

Our guide Use AirHelp to get compensation when your flight is delayed + promo code will be very useful.

To benefit from trip cancellation and interruption insurance, there are credit card solutions. We recommend five credit cards, depending on your income.

Our Insurance guide : How does credit card trip cancellation / interruption insurance work? is also an excellent resource to answer your questions.

This is yet another blow to Canada’s air transport industry. In 2023, WestJet closed its low-cost airline Swoop. Lynx Air ceased operations at the beginning of 2024.