VANCOUVER, BRITISH COLUMBIA, Canada Jetlines Ltd. (JET: TSX-V) (the “Company” or “Jetlines”) is pleased to announce the appointment of Mr. Zygimantas Surintas, CEO of SmartLynx Airlines SIA (“SmartLynx”), to Jetlines’ board of directors.
Mr. Surintas has over eight years of executive experience with commercial businesses in North America and Europe combined. Since June 2016, he has held the position of CEO and Director of SmartLynx. As part of his leadership at SmartLynx, Mr. Surintas oversees the company performance and strategy to maintain its status as Europe’s leading ACMI operator. Mr. Surintas joins the Board following the closing of the initial $7.5 million SmartLynx private placement (see press release dated December 27, 2018).
“We recognize and greatly appreciate the continued confidence and support shown by SmartLynx. I am confident that Mr. Surintas will help Jetlines’ board and senior management to realize more outstanding achievements for our current shareholders and stakeholders,” commented Executive Chairman, Mark Morabito.
Zygimantas Surintas stated, “I see a wide range of opportunities for Jetlines and I am excited about my role as the Company’s newest board member. There is significant opportunity in the Canadian market and SmartLynx is committed to a long-term partnership with Jetlines. I will be working closely with the Jetlines team to continue to deliver on the Company’s mission to operate ultra-low cost flights throughout Canada, the US, Mexico, and the Caribbean.”