Canada Jetlines (AU, Toronto Pearson) has announced it is working to raise additional capital to continue operations following the resignation of four executives, including CEO Brigitte Goersch.

In a statement on August 12, the airline confirmed the resignations of board members Ryan Goepel, Beth Horowitz, and Shawn Klerer, and Goersch as CEO. “The continuing operations of the company have been dependent upon the company’s ability to raise adequate financing and to grow the airline to the point where it can commence profitable operations,” the…

Source: ch aviation
Read more: Canada Jetlines seeks capital, CEO and board members quit