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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 vortexdmon Dec 15, 2018 8:11pm
171 Views
Post# 29120525

RE:something coming

RE:something comingI'm thinking early this week...need to announce the closing of the offering by on or before Dec 24th, 2018.  We should see JET "Take Off" this week!!! First Tranche will be 7.5 Million in total it will be ($7.5 million plus $7.5 million in New Year plus additional $40 million by May 31st, 2019)
$55 Million total financing....plus warrant exercise and cash on hand...looking at close to 65 to 70 million for buildout...plenty of money!!!  Jetlines originally only needed $25 Million as was indicated in their earlier prospectus back in 2014/15.
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