Jetlines failed to secure funding from its former equity partners: SmartLynx and InHarv.
The only route left for Jetlines is to wait for Canada's Competition Bureau ruling on Swoop's alleged predatory pricing.
Operationally, the airline faces another setback as its CEO had resigned.
A couple months ago, I was pretty optimistic in the growth prospects at Jetlines (OTC:JETMF). The company had hired a strong management team to run its operations and it signed up a number