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Stock impact report

Global Crossing Airlines, America’s Fastest Growing Charter Airline, Receives Increased Authorization for up to 20 Aircraft by US DOT

GLOBAL CRSSIG ARLINS NEW (JETMF) 
Company Research Source: GlobeNewswire
MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe: JET, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, has been approved by the US Department of Transportation for an increase to 20 aircraft from its current authorization of 16 aircraft. The increased fleet authorization allows GlobalX to add two (2) Airbus A320 and two (2) Airbus A321 passenger aircraft to its fleet by Summer 2024, subject to FAA approvals. The additional aircraft will strengthen GlobalX's refocused strategy to expand its ACMI passenger charter business. “This increased authorization is a key step in our path to sustained profitability and achieving our goal to become America’s largest charter airline, setting the industry high mark for on-time performance and reliability,” said Chris Jamroz, Executive Chairman of GlobalX. About Global Crossing Airlines GlobalX is a US 121 domestic flag and supplemental Airline flying Show less Read more
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