Canada Jetlines Ltd. (TSXV: JET) is one of this year’ TSX Venture 50 companies — the company’s principal business activity is the start-up of an ultra-low-cost carrier scheduled airline service.
Canada Jetlines operates flights across Canada and provide non-stop service from Canada to the United States, Mexico, and the Caribbean. The company also plans to commence operations with the Airbus A320 fleet, the most widely used aircraft for ultra-low cost carriers worldwide.
The 2019 TSX Venture 50 is a ranking of top performers on the TSX Venture Exchange over the last year. The ranking is comprised of 10 companies from each of the five industry sectors, and they were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
For the full 2019 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50