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Canada Jetlines Operations (Cboe CA:CJET) has announced significant changes in its leadership team. Ms. Brigitte Goersch has resigned as Chief Executive Officer, along with the resignations of Mr. Ryan Goepel, Ms. Beth Horowitz, and Mr. Shawn Klerer. The company's ongoing operations have been contingent on its ability to secure adequate financing and achieve profitable growth.
The airline is actively seeking additional capital to continue operations. The board of directors and management are exploring potential sources of funding, with more details to be provided when available. Despite these challenges, Canada Jetlines is currently maintaining its operations. The company has historically relied on a combination of debt, equity, and other financial facilities to meet its future requirements.
