Global Crossing Airlines Completes First Aircraft Acquisition and Adds Four More to Support Continued Business Growth
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 (OTCQB: JETMF) ha annunciato il primo acquisto di un aeromobile e l'aggiunta di quattro aerei in leasing per supportare la crescita aziendale. La compagnia ha acquisito un Airbus A320 (MSN 3101) da Falcon 2019-1 Aerospace Limited, con finanziamenti da Volofin Capital Management Ltd.
Inoltre, GlobalX ha firmato contratti di leasing con AE Industrial Partners per quattro Airbus A319, rappresentando un incremento del 20% rispetto alla flotta attuale. La prima consegna dell'A319 è prevista per il 31 agosto 2025, con ulteriori consegne fino a novembre 2025. Al completamento e alle approvazioni regolatorie, GlobalX opererà una flotta di 22 aeromobili della famiglia Airbus A320.
Global Crossing Airlines (OTCQB: JETMF) ha anunciado la adquisición de su primer avión y la incorporación de cuatro aeronaves en arrendamiento para apoyar el crecimiento del negocio. La compañía adquirió un Airbus A320 (MSN 3101) de Falcon 2019-1 Aerospace Limited, con financiamiento de Volofin Capital Management Ltd.
Además, GlobalX firmó contratos de arrendamiento con AE Industrial Partners para cuatro aeronaves Airbus A319, lo que representa un incremento del 20% en su flota actual. La primera entrega del A319 está programada para el 31 de agosto de 2025, con entregas posteriores hasta noviembre de 2025. Tras la finalización y las aprobaciones regulatorias, GlobalX operará una flota de 22 aeronaves de la familia Airbus A320.
Global Crossing Airlines (OTCQB: JETMF)는 첫 항공기 인수와 사업 성장 지원을 위한 4대의 임대 항공기 추가를 발표했습니다. 회사는 Falcon 2019-1 Aerospace Limited로부터 Airbus A320 (MSN 3101)을 인수했으며, 자금 조달은 Volofin Capital Management Ltd.가 담당했습니다.
또한 GlobalX는 AE Industrial Partners와 4대의 Airbus A319 항공기 임대 계약을 체결하여 현재 보유 중인 항공기 대비 20% 증가를 이루었습니다. 첫 A319 인도는 2025년 8월 31일 예정이며, 이후 2025년 11월까지 추가 인도가 이어질 예정입니다. 완료 및 규제 승인 후 GlobalX는 22대의 Airbus A320 계열 항공기를 운영할 예정입니다.
Global Crossing Airlines (OTCQB : JETMF) a annoncé sa première acquisition d’avion ainsi que l’ajout de quatre appareils en location pour soutenir la croissance de son activité. La société a acquis un Airbus A320 (MSN 3101) auprès de Falcon 2019-1 Aerospace Limited, avec un financement de Volofin Capital Management Ltd.
Par ailleurs, GlobalX a signé des contrats de location avec AE Industrial Partners pour quatre Airbus A319, ce qui représente une augmentation de 20 % de sa flotte actuelle. La première livraison de l’A319 est prévue pour le 31 août 2025, avec des livraisons supplémentaires jusqu’en novembre 2025. Une fois les opérations terminées et les approbations réglementaires obtenues, GlobalX exploitera une flotte de 22 avions de la famille Airbus A320.
Global Crossing Airlines (OTCQB: JETMF) hat die erste Flugzeuganschaffung und die Hinzufügung von vier geleasten Flugzeugen zur Unterstützung des Geschäftswachstums bekanntgegeben. Das Unternehmen erwarb ein Airbus A320 (MSN 3101) von Falcon 2019-1 Aerospace Limited, finanziert durch Volofin Capital Management Ltd.
Zusätzlich unterzeichnete GlobalX Leasingverträge mit AE Industrial Partners für vier Airbus A319 Flugzeuge, was eine 20%ige Steigerung der aktuellen Flotte darstellt. Die erste A319-Lieferung ist für den 31. August 2025 geplant, weitere Lieferungen folgen bis November 2025. Nach Abschluss und behördlicher Genehmigung wird GlobalX eine Flotte von 22 Airbus A320-Familienflugzeugen betreiben.
- None.
- Significant capital expenditure required for aircraft acquisition
- Pending regulatory approvals from FAA and DOT required
- Additional debt financing taken on through Volofin Capital Management
MIAMI, July 14, 2025 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (“GlobalX” or the “Company”), the Nation’s fastest-growing charter airline, today announced the completion of its first aircraft acquisition, along with the signing of lease agreements for four additional Airbus aircraft—significant steps in supporting the Company’s continued business expansion.
GlobalX has acquired an Airbus A320 (MSN 3101), currently operating in its fleet as N630VA and powered by two CFM56-5B engines. The aircraft was purchased from Falcon 2019-1 Aerospace Limited by an affiliate of GlobalX, with financing provided by Volofin Capital Management Ltd. of London.
“This acquisition marks a major milestone for GlobalX as we transition from an exclusively leased fleet to a hybrid ownership model,” said Ryan Goepel, President and CFO of GlobalX. “Owning select aircraft enhances our ability to manage long-term operating costs, plan maintenance and modifications more efficiently, and most importantly—build tangible asset value. These moves are part of our broader strategy to strengthen the balance sheet, improve key financial metrics, and position the company for long-term success.”
In tandem with the acquisition, GlobalX has signed definitive lease agreements from funds managed by AE Industrial Partners, LP for four Airbus A319 aircraft (MSNs 2477, 2481, 2492, and 2503) to meet increasing demand across its expanding charter and passenger service business.
“These new aircraft are arriving at exactly the right time,” Goepel added. “They represent more than a
The first A319 is expected to be delivered on August 31, 2025, with entry into service approximately 30 days later. The remaining aircraft will be delivered sequentially, with planned arrivals on September 30, October 31, and November 30, 2025. Pending FAA and DOT approvals, GlobalX will operate a fleet of 22 Airbus A320 family aircraft once the deliveries have been completed.
About Global Crossing Airlines Group, Inc.
GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family of aircraft. The Company’s services include domestic and international ACMI and charter flights for passengers and cargo throughout the US, Caribbean, Europe, and Latin America. GlobalX is IOSA certified by IATA and holds TCOs for Europe and the UK.
For more information:
Company Contact
Ryan Goepel, President & CFO
Tel: (720) 330-2829
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Email: JET@elevate-ir.com
Cautionary Note Regarding Forward-Looking Information
This press release contains certain “forward-looking statements” and “forward-looking information”, as defined under applicable United States and Canadian securities laws, concerning anticipated developments and events that may occur in the future. Forward-looking statements contained in this press release include, but are not limited to, statements with respect to the Company’s continued business expansion, the transition to a hybrid ownership model, the expected benefits of aircraft ownership, improving balance sheet and financial metrics, increasing demand, rapid scale in passenger operations, delivery timelines for aircraft, expected fleet size, receipt of FAA and DOT approvals and the Company’s status as the Nation’s fastest growing charter airline. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking statements contained in this press release is based on certain factors and assumptions regarding, among other things, the receipt of financing to continue airline operations, the accuracy, reliability and success of GlobalX’s business model; GlobalX’s ability to accurately forecast demand; GlobalX will be able to successfully conclude definitive agreements for transactions subject to LOI; the timely receipt of governmental approvals, including from the FAA and DOT; the success of airline operations of GlobalX; GlobalX’s ability to successfully enter new geographic markets; the legislative and regulatory environments of the jurisdictions where GlobalX will carry on business or have operations; the Company has or will have sufficient aircraft to provide the service; the impact of competition and the competitive response to GlobalX’s business strategy; the future price of fuel, and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The Company has identified certain known material risk factors applicable to it in its Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC and its other filings with the SEC. Moreover, it is not always possible for the Company to predict how new risks and uncertainties that arise from time to time may affect it. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in the forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements are made as of the date of this press release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking statements. If GlobalX does update one or more forward-looking statements, no inference should be made that it will make additional updates with respect to those or other forward-looking statements.
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