Mr. Eddy Doyle reports

CANADA JETLINES OUTLINES POTENTIAL QATAR AIRWAYS COLLABORATION

Canada Jetlines Operations Ltd. is in discussions with Qatar Airways Group QCSC to explore a potential collaboration between the two airlines. Subject to all regulatory approvals, the parties are discussing the possibility of including non-stop flights between Toronto Pearson International Airport and Doha, the home of Qatar Airways. This would offer Canadian travellers access to Qatar Airways' unparalleled network via Doha to destinations in the Middle East, Africa, the Indian subcontinent and across Asia.

"We are pleased to discuss potential opportunities with Qatar Airways, an international airline known for its world-class service and consistently recognized by the industry and consumers as the best airline in the world," said Eddy Doyle, president and chief executive officer of Canada Jetlines. "Qatar is not only a growing and exciting destination -- it is also home to the world's best airport, Hamad International Airport, which provides seamless connectivity to Qatar Airways' superior global network."

Qatar Airways was recently named airline of the year for an unprecedented seventh time at the 2022 World Airline Awards, presented by international aviation ratings organization Skytrax. It was also named world's best business class, world's best business-class lounge dining, and best airline in the Middle East.

Qatar Airways currently flies to more than 150 destinations worldwide via its hub in Doha, Hamad International Airport, which was named best airport in the world for the second year in a row at the 2022 Skytrax World Airport Awards.

Additional information

The collaboration described in this press release is subject to the airlines obtaining all necessary approvals, including, without limitation, approvals from Transport Canada and the Canadian Transportation Agency, as well as the execution of all applicable agreements between the parties.

We seek Safe Harbor.