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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 VLEBULLon Mar 20, 2018 11:16am
61 Views
Post# 27746453

Yup - pushed some shorts to cover but downside not over

Yup - pushed some shorts to cover but downside not overThat 20% jump was shorts covering - not 20% of buying interested. This is tained goods. You can't abruptly cancel a launch 4 years in a row and expect the stock not to suffer.

4 YEARS people. How many times will you fall for this. The stock goes up, the people who realize the pattern short it after a run.

Next stop will be to tell you financing fell through - so although they have planes, they can't buy them now (even though that makes no sense since they could raise the money in the market)

Nothing with this company makes any sense. The airports know this is a standard thing...launch an airline, fiddle around, collect a salary, delay delay delay...bust....

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