Canada Jetlines Appoints Industry Experts to Lead Flight Operations and Maintenance Teams

Canada Jetlines Ltd. (TSX-V: JET) (the “Company” or “Jetlines”) is pleased to announce the appointments of Captain Vic Charlebois as Vice President Flight Operations and Phil Larsen as Vice President Maintenance effective immediately. Mr. Charlebois and Mr. Larsen will report directly to CEO, Stan Gadek.

Having built an aviation career including nearly twenty years with the Canadian Forces, as well as serving as VP Flight Operations for First Air, Zoom Airlines and Canada 3000, Mr. Charlebois will have responsibility for all pilot, flight attendant, flight dispatch, systems operations control and training functions throughout the airline.

Stan Gadek said, “Vic is truly a pilot’s pilot. He is highly experienced with multiple type ratings in large transport category aircraft such as the Boeing 757/767 and Airbus A320/330, as well as numerous military large piston, turbine and turbojet aircraft. I am delighted to have Vic leading our flight operations department.”

Vic commented, “I am eager to join the Jetlines team and help build the next celebrated airline of Canada. This is a significant honour and I look forward to working with our Transport Canada Certification Team and building a safe, compliant flight operations department that will be a core asset to Canada Jetlines’ success.”

Gadek continued, “Phil Larsen is another exceptional example of aviation leadership. With over twenty years’ experience in senior roles in maintenance, engineering and technical services, at Canadian Airlines International, Air Canada, and CHC Global Operations Group, Phil is the ideal person for this role. I am privileged to have him lead our technical operations as we continue to bring Jetlines to operational status.”

Phil stated, “I look forward to working with a great team and being part of launching Canada Jetlines, a true ULCC airline in Canada as a safe, affordable new service.”

Gadek went on to say, “I am excited and proud that Vic and Phil are coming on board. I know that with their leadership we will build an organization that people will want to be a part of and our customers will want to fly.”

Jetlines has granted a combined total of 450,000 stock options to Mr. Charlebois and Mr. Larsen. The stock options have been issued for a five-year term, with one quarter vesting every six months from the date of grant.