Global Crossing (Formerly Canada Jetlines) and Breeze Airways Settle Lawsuit Amicably; Look to Cooperate in the Future
(WorldNews India)

Global Crossing Airlines and Canada Jetlines Ltd. (JET: TSX-V) Announce CAD100 Million Equity Investment Agreement with The Global Emerging Markets May 6, 2020 (JET: TSX-V) MIAMI, Fl, May 6, 2020 -- Global Crossing Airlines, Inc. (`GlobalX`) and Canada Jetlines Ltd. (JET: TSX-V) (the `Company` or `Jetlines`) are pleased to announce that GlobalX has signed an agreement (`Agreement`) with GEM Global Yield LLC SCS (`GEM`), the private alternative investment group to provide the GlobalX with up to CAD 100 million over a 36 month term following the previously announced business combination of GlobalX and Jetlines (the `Transaction`). Upon completion of the Transaction, Jetlines will have acquired...