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Canada Jetlines, a leading leisure airlines company, reported Q1 2024 financial results with operating revenues of $11.5 million, flying hours increase of 215%, net loss of $(6.4) million, adjusted EBITDAR of $(4.2) million, total assets rise by 77.5%, and total liabilities increase by 64.6%. The company aims to expand its operations, enhance its fleet, and launch new routes to meet demand.
Canada Jetlines, a top leisure airline in Canada, will announce its Q1 2024 earnings results on May 13, 2024. The company will conduct a webcast to discuss the results and provide a business update.