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Global Crossing Airlines Group Inc JETMF


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

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 Malricyon Feb 12, 2021 8:53pm
235 Views
Post# 32560142

RE:RE:NASDAQ

RE:RE:NASDAQThere are other requirements needed, so, I do believe it is in the cards, it may not be as quick as some may want it to be. That said, I think with FAA approval, 2 planes that are fully booked with 50 million projected revenues my guess is that's a 250mil-300mil market cap. The float, fully diluted is around 55 mil, so you do the math. Upon FAA approval I see a fair market value of $4-$5 a share. My opinion. Do your own DD

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