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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

Comment by ERTguyon Feb 12, 2018 5:07pm
311 Views
Post# 27547274

RE:RE:Picked up 20k shares to start

RE:RE:Picked up 20k shares to start
happy to be back in the sector, and even more excited to join in on a sector spec play.   Given the volume and close today I'll be surprised if this doesn't breakout tomorrow given MACD is about to undergo a bullish crossover, we broke the bull flag and closed right at resistence.  Given the extremely low float this stock has, even 410k in volume is relatively high but low in comparison to the last leg of strength.  I suspect this will run up in anticipation of licensing to operate in canada then likely get the short term hammer when financing is announced.  My guess is JET will want the share price to run up first to get a better negotiated financing price.  A bit of dilution will be fine here but I'm still looking for 90 cents to $1 short term.  Cheers
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