Mr. Eddy Doyle reports

CANADA JETLINES ANNOUNCES RECORD NUMBER OF HOURS FLOWN IN JULY

Canada Jetlines Operations Ltd. has provided an update on key operating metrics, with the aim to provide timely information to its shareholders.

Following its press release dated June 28, 2023, where Canada Jetlines announced an increase of 265 per cent in hours flown in the second quarter of 2023 over the hours flown in Q1 2023, the company hit a new record in hours flown in July, 2023, with 622 block hours flown in the month.

"We are pleased with the success the airline keeps achieving on this key operating metric, and with the addition of our third aircraft in August, we are well positioned to meet the strong demand we have seen in the market," said Eddy Doyle, chief executive officer of Canada Jetlines. "Later this month, we will provide an update on our fall and winter schedule and announce new scheduled leisure destinations."

Canada Jetlines will also release its Q2 2023 financial results on or before Aug. 14, 2023.

We seek Safe Harbor.