Welcome to our dedicated page for Global Crossing Airlines Group news (Ticker: JETMF), a resource for investors and traders seeking the latest updates and insights on Global Crossing Airlines Group stock.
Global Crossing Airlines Group Inc (JETMF) delivers innovative air cargo solutions through advanced Airbus A321F freighter operations. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and operational milestones.
Access official press releases covering earnings announcements, strategic partnerships, fleet expansions, and regulatory filings. Our curated news collection enables efficient tracking of JETMF's position in the competitive air freight sector, with particular emphasis on technological advancements and logistics optimization.
Key updates include cargo capacity enhancements, international route developments, and maintenance of strict aviation safety standards. Bookmark this page for direct access to primary source materials and analysis-free reporting on JETMF's evolving role in global supply chain solutions.
Global Crossing Airlines (OTCQB: JETMF) reported Q3 2025 results with revenue up 11% to $58.0M and record utilization of 9,901 block hours (up 23% YoY). EBITDAR rose 22% to $18.9M and EBITDA improved to $4.3M versus $(0.6)M a year earlier. Net loss narrowed to $2.0M from $4.9M.
The company cited operational execution issues that cost ~500 block hours to unscheduled maintenance, prompting leadership changes, process redesigns, and maintenance investments. Cash and restricted cash stood at $7.2M at September 30, 2025. Executive Chairman agreed to acquire 1.5M shares and warrants, becoming ~7% individual shareholder on a fully diluted basis.
Global Crossing Airlines Group (OTCQB: JETMF) will host its Q3 2025 conference call on Thursday, November 6, 2025 at 8:30 a.m. Eastern to discuss financial results for the quarter ended September 30, 2025.
The company will release a press release with results prior to the call. Management will present and hold a Q&A. Participants may submit questions in advance by emailing JET@elevate-ir.com. Dial-in details: toll-free (800) 717-1738, international (646) 307-1865, Conference ID 72958. A live webcast and a replay will be available on the company investor relations website. For registration or connection issues contact Elevate IR at (720) 330-2829.
Global Crossing Airlines Group (OTCQB: JETMF) signed a long-term wet-lease agreement with Sunrise Airways effective November 2025 to provide two Airbus A320 aircraft, each configured with 179 seats. The wet-leased A320s will be dedicated to Sunrise to support its expanding “One Caribbean” network and strengthen routes between Florida and Cap-Haïtien, with planned future deployment to Fort Lauderdale, New York and other Americas markets.
Key operating impacts: the two aircraft bring Sunrise’s combined operating fleet to 14 aircraft, and Sunrise projects a fleet of 18 aircraft by the close of 2025. GlobalX will begin service in November 2025 and leverage its South Florida presence to support reliability and on-time performance.
Global Crossing Airlines (OTCQB: JETMF) reported strong Q2 2025 financial results, achieving GAAP net income of $0.6 million ($0.01 per share) and EBITDAR of $19.8 million. The company's revenue increased 7% to $61.4 million compared to Q2 2024, driven by record block hours of 8,065.
Key operational metrics showed significant improvement, with cash flow from operations surging to $8.8 million from $0.9 million year-over-year. The airline expanded its fleet to 17.1 net aircraft available, up 19% from Q2 2024, while maintaining strong utilization rates. In a strategic shift, GlobalX transitioned from an exclusively leased fleet by acquiring its first Airbus A320 in July 2025.
Global Crossing Airlines (OTCQB: JETMF), described as the Nation's fastest growing charter airline, has scheduled its Second Quarter 2025 earnings conference call for Thursday, August 14, 2025, at 5:00 p.m. ET.
The company will release its financial results for the quarter ended June 30, 2025, via press release before the call. Management will host the conference call followed by a Q&A session. Investors can submit questions in advance via email to JET@elevate-ir.com.
The call will be accessible through toll-free and international dial-in numbers, with a replay available on the company's investor relations website.
Global Crossing Airlines (OTCQB: JETMF) has announced its first aircraft acquisition and the addition of four leased aircraft to support business growth. The company acquired an Airbus A320 (MSN 3101) from Falcon 2019-1 Aerospace Limited, with financing from Volofin Capital Management Ltd.
Additionally, GlobalX signed lease agreements with AE Industrial Partners for four Airbus A319 aircraft, representing a 20% increase to their current fleet. The first A319 delivery is scheduled for August 31, 2025, with subsequent deliveries through November 2025. Upon completion and regulatory approvals, GlobalX will operate a fleet of 22 Airbus A320 family aircraft.
Global Crossing Airlines (JETMF) has scheduled its First Quarter 2025 earnings conference call for May 8, 2025, at 8:30 a.m. ET. The company, described as the Nation's fastest growing charter airline, will release its financial results for the quarter ended March 31, 2025, prior to the call.
Management will host the conference call followed by a Q&A session. Investors can participate through:
- Toll-free: (800) 717-1738
- International: (646) 307-1865
- Conference ID: 10283
Questions can be submitted in advance via email to JET@elevate-ir.com. A replay will be available on the company's investor relations website.
Global Crossing Airlines (JETMF) reported strong Q4 and full-year 2024 results, with annual revenue climbing 40% to $223.8 million. Q4 revenue increased 11% to $59.9 million, driven by higher block hours and fleet expansion.
Q4 highlights include improved EBITDAR of $19.3 million, up 69% year-over-year, and reduced net loss to $(0.6) million compared to $(2.6) million in Q4 2023. The company expanded its fleet to 19 aircraft and secured several key contracts, including a South American ACMI agreement for 1,800 block hours and a DHL cargo contract.
The company's strategic shift towards ACMI operations has proven successful, with ACMI revenue increasing more than 3x compared to 2023. Cargo operations showed significant growth, generating over 1,600 block hours in Q4 2024, a 4x increase year-over-year.
Global Crossing Airlines (JETMF) has announced its upcoming conference call to discuss fourth quarter and full year 2024 financial results, scheduled for March 6, 2025, at 8:30 a.m. ET. The company, recognized as the Nation's fastest growing charter airline, will release its financial results via press release before the call.
Management will host the conference call followed by a Q&A session. Investors can participate through multiple channels:
- Toll-free dial-in: (877) 704-4453
- International dial-in: (201) 389-0920
- Conference ID: 13751840
Stakeholders can submit questions in advance via email to JET@elevate-ir.com. A replay of the conference call will be available on the company's investor relations website at www.globalairlinesgroup.com. Technical support is available through Elevate IR at (720) 330-2829.