Canada Jetlines CEO, executives resign as airline's future in doubt

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Canada Jetlines CEO, executives resign as airline's future in doubt
Canada Jetlines
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The head of Canada Jetlines Ltd. and three other executives are stepping down from the company amid serious financial problems that put its future in doubt.

Shares of the company on the NEO Exchange have been halted pending news.

A shutdown would mark yet another airline departure from Canadian skies after the closure of Lynx Air and budget carrier Swoop within the past year. Netflix is back in the IBD 50, after the stock topped an early buy point. The relative strength line is near highs, a positive indication. Netflix stock has already climbed more than 160% from an initial breakout in October 2022, forming multiple bases along that advance.

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