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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 Apr 01, 2018 1:37pm
75 Views
Post# 27812045

Who the big investors are - Globe quotes

Who the big investors are - Globe quotes

Since 2013, there have been nearly 185 investors in the fledgling carrier. Almost $5,000 has been invested by Vancouver lawyer Kevin Sorochan, through Soro Law Corp. Mr. Sorochan does legal work for Jetlines. His father Donald, a lawyer who serves on the board of directors at Jetlines, invested $30,000 while Jetlines interim chairman John Sutherland invested $10,000.

To make it attractive for contributors, Jetlines issued shares at low prices to recognize the high risk involved with the aviation venture. It's a case of high risk, high reward, Mr. Scott said.

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