Replies to post #1237 on Global Crossing Airlines Inc. (JETMF)

[Wildbilly]

From Jetlines Canada website

Jetlines recently gained unprecedented government support with the grant of a five-year Foreign Ownership Exemption Order. This allows up to 49% foreign voting interest in Jetlines, an increase from 25% that is otherwise permitted. This exemption has opened up avenues for financing.

https://jetlines.ca/strategy/our-story/

[JUST WAITING]

Right now i just found this but there is more when it comes to licensing help also

About Canada Jetlines Ltd.

Canada Jetlines is set to become Canada’s first true Ultra-Low Cost Carrier (ULCC) airline, with plans to operate flights across Canada and provide non-stop service from Canada to the United States, Mexico and the Caribbean. The Company plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide. Jetlines is led by a board and management team with extensive experience and expertise in low-cost airlines, start-ups and capital markets. The Company was granted an unprecedented exemption from the Government of Canada that will permit it to conduct domestic air services while having up to 49% foreign voting interests.

For more information on Jetlines, please visit our website at www.jetlines.ca.