Every 8-K that Global Crossing Airlines Group Inc (JETMF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow JETMF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JETMF filings page.
Global Crossing Airlines Group Inc. reported changes to its Board of Directors. On August 14, 2026, T. Allan McArtor resigned from the Board, effective the same day, and will continue with the company as Senior Advisor to the Executive Chairman. On August 11, 2026, the Board appointed David Sandberg, founder and Chief Investment Officer of Red Oak Partners, LLC, as a director with a term expiring at the company’s next Annual Meeting of Stockholders. The Board has not yet determined committee assignments for Sandberg. His compensation as a non-employee director will follow the company’s existing non-employee director compensation program.
Global Crossing Airlines Group Inc. reported Q2 2026 revenue of $62.0 million, up 1% from $61.4 million in Q2 2025. The company recorded a net loss of $1.3 million versus net income of $0.6 million a year earlier, while EBITDA rose 17% to $6.9 million, its second-highest quarterly level, helped by improved fleet efficiency and higher utilization per aircraft.
Total operating expenses increased 4% to $60.6 million, and cash used in operating activities was $1.6 million compared with $8.8 million of operating cash inflow in the prior-year quarter. Cash and restricted cash declined to $11.9 million as of June 30, 2026 from $20.5 million at year-end 2025.
The company operated with 15.3 net available aircraft versus 17.1 a year ago due to a concentrated maintenance program, yet increased average utilization per available aircraft by 11% to 523 block hours. Management is advancing a fleet modernization plan, adding five younger Airbus A320-family aircraft and targeting a 25-aircraft fleet by year-end, while cargo operations continue to weigh on results.
Global Crossing Airlines Group reported strong first quarter 2026 results, showing higher growth and improved profitability despite operating with fewer aircraft. Revenue rose 15% to $76.6 million, driven by higher block hours, better utilization per aircraft, and stronger charter pricing. Total operating expenses increased 11% to $70.5 million, reflecting higher maintenance and personnel costs tied to fleet expansion and a shift of some in-house maintenance to third parties.
Net income improved sharply to $2.7 million from $0.2 million, with earnings of $0.04 per share. EBITDAR grew 17% to $24.2 million, while EBITDA roughly doubled to $10.8 million. Cash flow from operations increased to $9.0 million compared to $0.1 million a year earlier, and cash and restricted cash were about $20.0 million as of March 31, 2026. Operationally, GlobalX flew 8,315 block hours, up 10%, with average utilization per aircraft up 25% to 552 hours, even as net aircraft available fell 11% to 14.9.
ACMI flying made up 74% of block hours, up from 68%, supporting a model where fuel costs are generally passed through to customers. Charter revenue per block hour increased 32% to $17,881, highlighting stronger pricing and demand, particularly in collegiate and professional sports charters. Cargo operations remained weak due to soft freight markets and continued to weigh on earnings, with management estimating a cargo drag of roughly $10–$11 million for full-year 2026 if current conditions persist. Management emphasized disciplined fleet growth focused on Airbus A320 aircraft, targeted fleet expansion to more than 20 aircraft by the end of 2026, and a strategy of adding aircraft only against contracted or highly visible demand.
Global Crossing Airlines Group Inc. reported strong fourth quarter and full-year 2025 results, highlighted by its first-ever annual positive operating income and record operating cash flow. Full-year revenue rose to $246.3 million from $223 million, while EBITDA jumped to $20.9 million from $5 million.
EBITDAR increased to $78.3 million from $62 million, and net loss narrowed to $3 million from $11 million, reflecting better aircraft utilization and cost controls. In Q4 2025, revenue edged up to $60.3 million, EBITDA was $5.3 million, and operating cash flow reached $18.6 million. Year-end cash and restricted cash totaled $20.5 million, up from $14.0 million.
Global Crossing Airlines Group Inc. reported the results of its 2025 Annual Meeting of Stockholders held in Miami on December 10, 2025. Stockholders elected six directors—Andrew Axelrod, Alan Bird, T. Allan McArtor, Chris Jamroz, Deborah Robinson, and Cordia Harrington—with each nominee receiving around 94%–96% of votes cast, such as 17,600,169 votes for Axelrod, representing 95.86% support, and broker non-votes of 13,142,203 on each director item.
Stockholders also reapproved the company’s Incentive Stock Option Plan, Restricted Share Unit Plan, and Performance Share Unit Plan, each receiving over 93% of votes cast, for example 17,331,695 votes for the Performance Share Unit Plan, or 94.40% support. In addition, 30,907,808 votes, or 98.11% of votes cast, supported the ratification of Rosenberg Rich Baker Berman P.A. as independent registered public accounting firm for the fiscal year ending December 31, 2025.
Global Crossing Airlines Group Inc. (JETBF) furnished an 8-K announcing its financial results for the third quarter ended September 30, 2025. The company issued a press release, held an earnings call to discuss Q3 performance, and later posted an investor presentation providing a current overview of the business.
The materials are included as Exhibits 99.1 (press release), 99.2 (earnings call transcript), and 99.3 (investor presentation). The company references non-GAAP measures in these materials and provides reconciliations to comparable GAAP figures. The information in these exhibits is being furnished, not filed, and therefore is not subject to Section 18 liabilities.