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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 emiliolargoon Sep 18, 2019 2:27pm
277 Views
Post# 30140137

RE:RE:RE:Just a little bit crazy

RE:RE:RE:Just a little bit crazy
Goldennuggets1 wrote:
Takeoff wrote: There were just over 6M warrants as at Q2 end (June 30, 2019). Since that date, the stock price was above the exercise price approx. 40% of the time until now. Whether it was in the money for the individual warrant holders, we cannot determine. 
Stop misguiding people based on others' warrant plays.

So are you saying that folks could have, and should have exercised their warrants instead of just waiting to buy JET now at 1/2 the price. No wonder you always lose money in the stock market.
Give it up .... all JET had to do was actually become an airline and the warrant holders would likely have made a nice little profit.
As it is JET has failed to launch for years now and everyone has lost money unless you were clever enough to sell your JET stock before it started falling like head shot duck.

Takeoff .... you know everything ... is JET going to do the capital raise before the Sept 30th deadline and actually fly this fall??



Goldennuggets, 1 thumbs up. All they had to do in the past 6 years and the millions they bled from investors was to have ONE plane and get it right from the start. Right now millions later, not sure if they will get the financing. By the way the shares are moving, it looks like either extremely dillutive financing, to the tune of 20cents PLUS warrants etc... OR no financing at all. In this case its back to 15 cents.
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