Global Crossing Airlines, the Nation’s Fastest Growing Charter Airline, Achieves Record Annual Revenues
GLOBAL CRSSIG ARLINS NEW (JETMF)
Company Research
Source: GlobeNewswire
MIAMI, March 06, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: Cboe CA; JET.B: Cboe CA; JETMF: OTCQB) (the “Company” or “GlobalX”) today reported fourth quarter and 2023 annual financial results, which saw record revenue for Q4 of $53.5M and $160M for the year. All figures are in United States dollars and prepared in accordance with U.S. GAAP. Annual 2023 Highlights and Financial Results Annual Revenues of $160.1 MillionEBITDAR(1) of $20 Million, a fourfold increase over 2022Block Hours flown more than doubled Aircraft Utilization jumps 26.3%Pilot count more than doublesFleet size grows to 14 aircraft “As we reflect on a year marked by unprecedented growth, we remain steadfast in our commitment to charting a course towards sustained profitability and operational excellence. With a relentless focus on industry-leading on-time performance, we are expecting demand for passenger charters to soar in 2024. Looking ahead, we are strategically sourcing aircraft to
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News
- Global Crossing Airlines Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Global Crossing Airlines Sets First Quarter 2024 Conference Call for May 7, 2024 at 8:30 a.m. ETGlobeNewswire
- Global Crossing Airlines, America’s Fastest Growing Charter Airline, Receives Increased Authorization for up to 20 Aircraft by US DOTGlobeNewswire
- Global Crossing Airlines Reports Earning Release Date and Details of Upcoming WebinarGlobeNewswire
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Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 3
- 2/15/24 - Form 5
- JETMF's page on the SEC website