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Canada Jetlines Appoints Experienced Travel Industry Executive as CFO

Date:


Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) is pleased to announce that Mr. Percy Gyara has been appointed as Chief Financial Officer of Canada Jetlines effective March 28, 2022. Mr. Gyara is globally experienced senior Finance Leader with a successful career of 25 plus years spanning North America, India and Mid-East.

Mr. Gyara has extensive finance and operation experience in the airline and travel sector in North America. He started with a Canadian charter operator Skyservice Airlines. His most recent roles include VP Finance at Sunwing Travel Group, the largest travel company in North America. Mr. Gyara has earned Certified General Accountant (CGA) from Canada and he is a Chartered Accountant (CA) from India.

Mr. Gyara will be replacing Barbara Syrek who is pursuing a new opportunity. As CFO, Mrs. Syrek was instrumental in setting up several financial systems that are critical to the airline as it approaches its launch date. Her work ethic and experience in airline industry have been a great benefit to Canada Jetlines and the Board thanks her for her service.

Canada Jetlines also advises that it has postponed the planned launch of the arrangement with Global Crossing Airlines (“GlobalX”) for the sale of spring charter flights to Florida. The launch was delayed to evaluate the impacts from the onset of the omicron variant and the travel advisory from the Canadian government. The two companies are now evaluating options for the next winter period to address what is anticipated to be an extremely busy travel season.

Please visit http://www.jetlines.com to learn more, sign up for email updates, and follow on all social media platforms to join the Canada Jetlines family.

About Canada Jetlines
Canada Jetlines is a well-capitalized leisure focused carrier, utilizing a growing fleet of Airbus320 aircraft targeting a start in 2022, subject to Transport Canada approval. The all-Canadian carrier was created to provide passengers another choice to travel to their favorite destinations within the U.S., Caribbean, and Mexico. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. Canada Jetlines will use a state-of-the-art web booking platform, making the turnkey solution available to Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. We aim to provide more revenue opportunities to express our gratitude to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit http://www.jetlines.com and follow on all social media platforms for news and updates.

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