Canada Jetlines Suspends Flights Amid Financial Crisis

The airline plans to file for creditor protection after failing to secure necessary funding.

Canada Jetlines has temporarily ceased operations and grounded all flights.
The airline's financial troubles culminated in the resignation of four executives, including the CEO.
Passengers are advised to contact their credit card companies for refunds on existing bookings.
This marks the third Canadian airline to halt operations this year, raising concerns about the domestic aviation market.
Experts suggest a lack of oversight and financial stability in smaller Canadian airlines.