Company management will hold a Zoom webinar on Wednesday November 8th at 1 PM Eastern time to review Q3 2023 financial results, which will be released prior to market open that morning. Management will discuss third quarter charter and cargo operations, aircraft fleet growth and its 2023 revenue forecast that is expected to reach at […]
MIAMI, Oct. 05, 2023 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to provide an update on block hours operated in Q3 in addition to announcing our planned Q3 earnings release date in November and the date of the Company’s Annual General Meeting in December. […]
MIAMI, Sept. 12, 2023 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce that is has reached agreement to lease an additional A321 freighter for delivery in October 2023 from Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group, Inc. (Nasdaq: ATSG). […]
Demand and opportunity for one of the world’s fastest growing hybrid charter and cargo airlines was the theme of Ryan Goepel’s presentation at the recent Emerging Growth Conference. One comment essentially sums up the growth scenario when Mr. Goepel stated that, “we are probably turning down $4 to $5 million a month in work and […]
It’s been a record flying season for GlobalX with the company releasing details of the achievement today (September 5th) along with news that its 10th passenger aircraft is now in revenue service. The airline flew 4,900 block hours throughout July and August, a 55% increase over the same months in 2022. Further details of its […]
MIAMI, Sept. 05, 2023 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to provide an update on block hours operated in July and August, aircraft deliveries and contracts signed. “GlobalX operated over 2,500 block hours in July and approximately 2,400 block hours in August, bringing […]
Based on rising per plane utilization rates and climbing block hours flown, Ian Macqueen of Bancroft Capital has bumped his per share “fair value” range for GlobalX (NEO:JET | NEO JET.B | OTCQB:JETMF) Following the release of first quarter results this past May, he released a highly detailed report that looked at GlobalX’s operating metrics […]
With the financial tank full on the heels of a recent $35 million injection, a first half that saw revenues jump to $63.6 million compared to $33.8 million in 2022, GlobalX management is exuding confidence as it also bumped its base 2023 revenue forecast to $150 million. All amounts are USD. The Miami headquartered charter […]
MIAMI, Aug. 09, 2023 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) today reported second quarter 2023 financial results. All figures are in United States dollars and prepared in accordance with U.S. GAAP. Second Quarter 2023 Financial Results Total operating revenue for Q2 2023 was […]
