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Global Crossing Airlines Sets Second Quarter 2025 Conference Call for August 14, 2025 at 5:00 p.m. ET
GlobeNewswire News Room· 2025-07-31 11:30
MIAMI, July 31, 2025 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, will host a conference call on Thursday, August 14, 2025 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2025. The Company’s results will be reported in a press release prior to the call. GlobalX’s management will host the conference call, followed by a question-a ...
Global Crossing Airlines Completes First Aircraft Acquisition and Adds Four More to Support Continued Business Growth
Globenewswire· 2025-07-14 11:30
Core Insights - Global Crossing Airlines Group, Inc. has completed its first aircraft acquisition and signed lease agreements for four additional Airbus aircraft, marking significant steps in its business expansion [1][3] Aircraft Acquisition - The company has acquired an Airbus A320, currently operating as N630VA, purchased from Falcon 2019-1 Aerospace Limited, with financing from Volofin Capital Management Ltd. [2] - This acquisition signifies a transition from an exclusively leased fleet to a hybrid ownership model, which is expected to enhance long-term operating cost management and asset value [3] Fleet Expansion - GlobalX has signed lease agreements for four Airbus A319 aircraft to meet increasing demand, representing over a 20% increase in its current fleet [4] - The first A319 is expected to be delivered on August 31, 2025, with subsequent deliveries planned for September 30, October 31, and November 30, 2025 [4] - Upon completion of these deliveries, GlobalX will operate a fleet of 22 Airbus A320 family aircraft, pending FAA and DOT approvals [4] Company Overview - GlobalX operates as a US 121 domestic flag and supplemental airline, providing domestic and international ACMI and charter flights for passengers and cargo across the US, Caribbean, Europe, and Latin America [5]
Global Crossing Airlines Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 20:05
GAAP Net Income of $0.2 Million or $0.00 per Share; EBITDAR of $20.6 Million Revenue of $66.6 Million with Total Block Hours of 7,546 MIAMI, May 07, 2025 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (the "Company" or "GlobalX"), the Nation's fastest growing charter airline, today announced its financial and operating results for the first quarter ended March 31, 2025. Except as otherwise disclosed, all figures for the three-month period are presented ...
Global Crossing Airlines Sets First Quarter 2025 Conference Call for May 8, 2025 at 8:30 a.m. ET
Globenewswire· 2025-04-24 11:30
Core Viewpoint - Global Crossing Airlines Group, Inc. (GlobalX) is set to host a conference call on May 8, 2025, to discuss its financial results for Q1 2025, highlighting its status as the fastest growing charter airline in the nation [1][5]. Group 1: Conference Call Details - The conference call will take place on Thursday, May 8, 2025, at 8:30 a.m. Eastern time, with a question-and-answer session following the management's presentation [2]. - Interested parties can submit questions via email prior to the call, and the call will be accessible through a toll-free number and an international dial-in number [2]. - A replay of the conference call will be available on the investor relations section of the company's website [3]. Group 2: Company Overview - GlobalX operates as a US 121 domestic flag and supplemental airline, utilizing the Airbus A320 family for its services, which include domestic and international ACMI and charter flights [4]. - The company is IOSA certified by IATA and holds TCOs for operations in Europe and the UK, indicating compliance with international safety and operational standards [4].