Global Crossing Airlines Group Stock Price, News & Analysis

Global Crossing Airlines Group Inc. (trading over-the-counter under the symbol JETMF) operates in the scheduled passenger air transportation industry within the broader transportation and warehousing sector. The company does business as GlobalX, a US 121 domestic flag and supplemental airline that focuses on operating the Airbus A320 family of aircraft.

According to the company’s public disclosures, GlobalX’s core services consist of ACMI (aircraft, crew, maintenance and insurance) and charter flights for both passengers and cargo. These services cover domestic and international routes across the United States, the Caribbean, Europe and Latin America. In multiple filings and news releases, GlobalX notes that it is IOSA certified by IATA and holds third-country operator (TCO) authorizations for Europe and the United Kingdom, and in some disclosures also references TCOs for Australia. These certifications and authorizations relate to the company’s ability to operate internationally under recognized safety and regulatory frameworks.

Business model and operations

GlobalX describes itself as a charter airline, with its business built around providing ACMI capacity and charter services rather than selling scheduled tickets directly to the general public. The company highlights that its platform serves a range of charter and ACMI customers, including passenger and cargo operations, and that it flies the Airbus A320 family under US 121 domestic flag and supplemental authority. Across its public earnings materials, GlobalX emphasizes the role of block hours, aircraft utilization and fleet size as key operational metrics for its charter and ACMI activities.

The company has communicated a strategic focus on expanding its Airbus A320 family fleet, including both leased and owned aircraft. In one news release, GlobalX reports transitioning from an exclusively leased fleet to a hybrid ownership model through the acquisition of an Airbus A320 and lease agreements for additional Airbus A319 aircraft. The company states that this approach is intended to support continued growth in its charter and passenger service business and to manage long-term operating costs and maintenance planning.

Geographic focus and certifications

In repeated “About Global Crossing Airlines Group, Inc.” sections across its news releases, GlobalX states that it operates ACMI and charter flights for passengers and cargo throughout the US, Caribbean, Europe and Latin America. The company also notes that it is IOSA certified by IATA, which is an industry audit standard, and that it holds TCO authorizations for Europe and the UK, and in some disclosures, for Australia. These points are presented by the company as part of its positioning in international charter and ACMI markets.

Corporate governance and shareholder matters

Global Crossing Airlines Group Inc. is incorporated in Delaware, as disclosed in its SEC filings. The company files reports with the U.S. Securities and Exchange Commission, including Form 10-K annual reports, Form 10-Q quarterly reports and Form 8-K current reports. A definitive proxy statement (DEF 14A) dated October 28, 2025, describes the company’s annual meeting of stockholders and outlines proposals such as the election of directors, reapproval of equity incentive plans and ratification of the independent registered public accounting firm.

An 8-K filed in December 2025 reports that stockholders at the 2025 Annual Meeting elected six directors to the board, reapproved the company’s Incentive Stock Option Plan, Restricted Share Unit Plan and Performance Share Unit Plan, and ratified the appointment of Rosenberg Rich Baker Berman P.A. as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The proxy statement also discusses the company’s board committees, governance policies and equity compensation plans.

Financial reporting and performance metrics

GlobalX regularly issues press releases summarizing its financial and operating results for each quarter and for full fiscal years, and furnishes these releases to the SEC on Form 8-K. In these materials, the company presents revenue, net income (or loss), operating expenses and cash flow from operations, along with non-GAAP metrics such as EBITDA and EBITDAR. The company explains that it uses these non-GAAP measures, alongside GAAP results, to evaluate its operating performance and trends, and provides reconciliations to the comparable GAAP figures.

The company’s disclosures emphasize operational statistics such as total block hours, average utilization per aircraft, the percentage of block hours attributable to ACMI operations, and the number of aircraft in its Airbus A320 family fleet. Management commentary in earnings releases discusses the relationship between fleet expansion, utilization, block hours and financial performance, as well as cost drivers such as maintenance, aircraft rent and personnel expenses associated with fleet growth.

Strategic focus and charter platform

Across multiple news releases, GlobalX refers to itself as the nation’s fastest growing charter airline or the Nation's fastest growing charter airline, and describes a strategic focus on charter and ACMI operations using narrowbody Airbus aircraft. The company highlights growth in ACMI revenue, expansion of its fleet of Airbus A320 family aircraft, and contracts with charter customers, including passenger and cargo arrangements. It also notes efforts to manage maintenance planning, logistics and operating costs as it scales its operations.

GlobalX’s public communications describe a charter platform that seeks to serve different types of charter and ACMI customers. The company reports entering into agreements such as a long-term wet-lease arrangement to provide dedicated Airbus A320 aircraft to another airline, and it characterizes such agreements as part of its role in enabling other airlines to expand their networks and operations through dedicated fleet support.

Regulatory filings and investor communications

In addition to its periodic reports, Global Crossing Airlines Group Inc. files current reports on Form 8-K to announce quarterly financial results, conference calls and investor presentations. For example, an 8-K dated November 2025 notes that the company issued a press release announcing financial results for the third quarter ended September 30, 2025, held an earnings conference call and posted an investor presentation providing an overview of the company. These filings state that non-GAAP financial information is included in the press release and investor presentation, along with reconciliations to GAAP measures.

The company also uses its proxy materials to describe corporate governance practices, board structure, committee responsibilities and equity compensation plans. The definitive proxy statement for the 2025 Annual Meeting includes sections on director independence, board leadership structure, risk oversight, board and committee meetings, and policies such as a code of conduct and ethics and an insider trading policy.

Stock and listing information

Global Crossing Airlines Group Inc. indicates in its public communications that its common stock and Class B non-voting common stock are registered under Section 12(g) of the Securities Exchange Act of 1934. The company’s news releases identify its trading symbols as Cboe CA: JET, Cboe CA: JET.B and OTCQB: JETMF. Investors researching the JETMF stock can use these disclosures, along with SEC filings and company-issued financial information, to understand the company’s charter and ACMI-focused airline business and its regulatory reporting framework.