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Global Crossing Airlines (JETMF) is a leading airline company specializing in charter operations, aircraft leasing, and aviation services. With a focus on customer satisfaction and safety, Global Crossing Airlines has established a strong presence in the aviation industry. The company's recent achievements include successful expansions into new markets, strategic partnerships with key industry players, and a commitment to sustainable aviation practices. Their current projects involve fleet modernization, route optimization, and technological advancements to enhance the overall passenger experience. Financially stable and well-positioned for growth, Global Crossing Airlines continues to deliver exceptional service and value to its customers.
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Global Crossing Airlines Group, Inc. (JETMF) announces a Zoom webinar to discuss the 2023 full-year financial results led by top executives.
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Global Crossing Airlines Group, Inc. (JETMF) announces the appointment of Chris Jamroz as Executive Chairman and Ryan Goepel as President. The company's CEO, Edward J. Wegel, is resigning, and the leadership team will report to the Executive Chairman of the Board. The focus will be on growing the ACMI passenger and cargo charter business, with a significant increase in block hours operated in 2023 and January 2024.
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Global Crossing Airlines Group, Inc. (JETMF) has announced the earnings release date for its 2023 full year results. The company will discuss its annual financial results on Wednesday, March 6th and will be hosting a Zoom webinar to provide a business update and discuss the results the same day.
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Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) closes US$5 million Senior Secured Notes placement with Axar Capital Management LP
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Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) announced the election of directors at the 2023 Annual Meeting of Stockholders. Detailed voting results showed overwhelming support for the nominees. Stockholders also approved the appointment of auditors.
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UrbanX Air, a subsidiary of Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) and Eve Air Mobility (Eve) (NYSE: EVEX and EVEXW) plan to bring electric commuter flights to Miami by 2026, revolutionizing urban transportation in South Florida. GlobalX signed a letter of intent to purchase 200 eVTOLs from Eve, with delivery of the first 10 expected in 2026.
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Global Crossing Airlines Group, Inc. (GlobalX) (JET: NEO; JET.B: NEO; JETMF: OTCQB) has announced the creation of UrbanX Air, a subsidiary to pioneer Urban Air Mobility (UAM) in South Florida. Lucy Morillo, Esq., has been appointed as President and CEO of UrbanX to lead the development of the UAM ecosystem. GlobalX signed a letter of intent to purchase 200 electric vertical take-off and landing aircraft (eVTOL) from Eve Air Mobility, a subsidiary of aircraft manufacturer Embraer, with delivery expected in 2026.
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Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) announces a strategic partnership with Karbon-X, a carbon offset provider, to advance its commitment to sustainable air travel. The collaboration involves offsetting 20% of the airline's total fuel burn for the first three years and offering customers the choice to offset their flight emissions. Karbon-X will supply approximately 83,000 CORSIA certified offsets annually to GlobalX. The partnership reinforces GlobalX's dedication to sustainable aviation and green technology, with plans to offer carbon-neutral flights to passengers through a feasible fuel surcharge or ECO fee.
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Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) reaffirms its 2023 revenue guidance of $150+ million (USD) and focuses on sustained profitability. The third quarter 2023 financial results show significant growth, with revenues at $42.6 million and EBITDAR at $7.6 million. The company has seen a 173% increase in block hours flown over Q2 2022, and aircraft utilization has jumped 50%. The CEO highlights the progress towards sustained profitability through fleet growth and operational scaling, with 10 passenger and 3 cargo aircraft currently and plans for four additional aircraft in Q4.
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Global Crossing Airlines Group provides update on Q3 block hours operated and announces Q3 earnings release date and Annual General Meeting.
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FAQ
What is the current stock price of GLOBAL CRSSIG ARLINS NEW (JETMF)?
The current stock price of GLOBAL CRSSIG ARLINS NEW (JETMF) is $0.49996 as of November 22, 2024.
What is the market cap of GLOBAL CRSSIG ARLINS NEW (JETMF)?
The market cap of GLOBAL CRSSIG ARLINS NEW (JETMF) is approximately 30.7M.
What is Global Crossing Airlines known for?
Global Crossing Airlines is known for its expertise in charter operations, aircraft leasing, and aviation services, with a strong focus on customer satisfaction and safety.
What are some recent achievements of Global Crossing Airlines?
Global Crossing Airlines has achieved successful expansions into new markets, established strategic partnerships, and shown a commitment to sustainable aviation practices.
What are the current projects of Global Crossing Airlines?
The company is currently focused on fleet modernization, route optimization, and implementing technological advancements to improve the overall passenger experience.
How is the financial condition of Global Crossing Airlines?
Global Crossing Airlines is financially stable and well-positioned for growth, ensuring that it continues to deliver exceptional service and value to its customers.
Who are the key executives of Global Crossing Airlines?
The key executives of Global Crossing Airlines include Ryan Goepel, the President and Chief Financial Officer, who can be contacted at ryan.goepel@globalxair.com or 786.751.8503.
How can I learn more about investment opportunities with Global Crossing Airlines?
For more information on investment opportunities, you can contact Ryan Goepel, the President & CFO, at JET@elevate-ir.com or 720.330.2829.
When is Global Crossing Airlines' Q1 2024 Conference Call?
Global Crossing Airlines' Q1 2024 Conference Call is scheduled for Tuesday, May 7, 2024, at 8:30 a.m. Eastern time. Dial (877) 704-4453 for the toll-free number or (201) 389-0920 for the international number, with Conference ID: 13746125.
Who should I contact for investor relations at Global Crossing Airlines?
For investor relations inquiries, you can contact Sean Mansouri, CFA, or James Bonifer via email at JET@elevate-ir.com.
What is the upcoming event about Global Crossing Airlines?
The upcoming event is the Global Crossing Airlines - Year End 2023 Earnings Release & Management Update, scheduled for March 6, 2024, at 2:00 PM Eastern Time. Register in advance at the provided link.
How can I participate in Global Crossing Airlines' webinars?
To participate in Global Crossing Airlines' webinars, you can register in advance using the provided links and receive a confirmation email with instructions on joining the webinar.
What is Global Crossing Airlines' focus on sustainability?
Global Crossing Airlines has a strong commitment to sustainable aviation practices, ensuring that it contributes to environmental conservation efforts and reduces its carbon footprint.
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