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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 Betteryear2on Oct 04, 2021 8:02am
257 Views
Post# 33959828

LOIs for Three A320 aircraft

LOIs for Three A320 aircraft

MIAMI, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: TSX-V; JET.B: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) announces the signing of letters of intent to acquire three Airbus A320 Passenger aircraft from two major aircraft lessors (the “Aircraft”). The Aircraft were previously operated by Virgin America/Alaska Airlines and have full latest technology WiFi capability. Subject to the execution of definitive lease agreements, all three aircraft will be delivered and placed into service at GlobalX over the next 90 days.

“We are pleased to enter our next growth phase with the signing of these LOIs. These Aircraft are in great shape and help to address the needs of our US market with full WiFi and streaming capability for our customers,” said Ed Wegel, Chairman and CEO of GlobalX.

About Global Crossing Airlines

GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family aircraft. GlobalX flies as an ACMI and wet lease charter airline serving the US, Caribbean, and Latin American markets. For more information, please visit www.globalxair.com.



https://www.globenewswire.com/en/news-release/2021/10/04/2307825/0/en/Global-Crossing-Airlines-Announces-LOIs-for-Three-A320-aircraft.html
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