Global Crossing Airlines Group Inc N.JET

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

Industrials Airlines

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

Global Crossing Airlines Group Inc

Bullboard Posts

Comment by Styles76on Nov 28, 2018 7:04am

119 Views

Post# 29031603

RE:RE:financing

The way I was reading that was as an expansion option available through Smartlynx to allow acquisition of more planes and crew as demand increases, without necessarily having to commit to them as long term as a lease would require. This could also be the answer to the point - what if a plane broke down?

Looks like a smart plan, actually, and a Win-Win for both parties. The financing is just the icing on the cake.

Any of the bears out there got an opposing view ?