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Global Crossing Airlines Group Inc N.JET

Alternate Symbol(s):  N.JET.B | JETBF | JETMF

Global Crossing Airlines Group Inc. operates a United States Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, and navigation fees. The Company also operates an ACMI cargo service, flying the A321 freighter. The Company maintains additional crew bases at locations: San Antonio International Airport (SAT) in San Antonio, Texas, and Harry Reid International Airport (LAS) in Las Vegas, Nevada. Its passenger aircraft fleet is built on the Airbus A320-200 fleet family. Its cargo aircraft fleet is based on the Airbus A321 aircraft type. It operates within the United States, Europe, Canada, Central and South America.


NEO:JET - Post by User

Post by wallpaper2on Jun 11, 2017 11:57pm
153 Views
Post# 26351033

Sell while you can folks.

Sell while you can folks.You'll only get the 19-20 cents as long as it is supported at this level. If the support stops it will likely drop to 5-10 cents, which is exactly where it belongs. Do you really think they can generate the tens of millions needed to get this off the ground AND weather the yearly losses which all start ups face. You could have 200 million shares outstanding and a roll back leaving you with next to nothing. More PPs or loans will be needed. You have two established airlines now challenging their Ultra Low Cost model. This model can be copied by anyone...jet does not have the exclusive rights to copy the model they themselves are trying to copy. If others were not entering the picture, MAYBE they could keep their dream alive a few months longer. The outcome seems inevitable to me.  Sorry.
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