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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 Nov 10, 2021 7:23pm
226 Views
Post# 34112702

Partner on Scheduled Charter Service Between Toronto/Florida

Partner on Scheduled Charter Service Between Toronto/Florida

MIAMI, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) and Global Crossing Airlines Group Inc. (JET: TSX-V; JET.B: TSX-V; JETMF: OTCQB) (“GlobalX”), are pleased to announce that Canada Jetlines (through its Canada Jetlines Vacations Ltd.) subsidiary, and GlobalX (through its GlobalX Air Tours LLC subsidiary) intend to launch their first partnership on the sale of public charter flights between Toronto and Florida.

The arrangement is the first between the two companies since GlobalX completed the spin out of Canada Jetlines in June 2021 to shareholders. Under the terms of the arrangement, Canada Jetlines Vacations will jointly market and sell seats on GlobalX public charter flights over a six-week period. Round trip charter flights are expected to operate from Toronto to Miami and Fort Lauderdale weekly beginning in March 2022. The parties are targeting that tickets will go on sale in December 2021, pending receipt of all final regulatory approvals including approval from, and completion of Canada Jetlines Vacation registration with, the Travel Industry Council of Ontario (TICO). Flights will be operated on GlobalX Airbus A320 aircraft. Canada Jetlines intends to start operating flights to Florida with its own A320 aircraft once it has completed its certification and receives all required government approvals.

“This partnership is exactly what we envisioned when we spun off Canada Jetlines- creating Canada’s newest low-cost airline. The alliance between the two airlines allows us to fly for each other to open new charter routes, provide additional capacity at certain peak periods for each airline and to maximize the benefits of the two networks. We look forward to flying these charter routes for our partner as the first step in expanding our alliance,” said Ed Wegel, Chair and CEO of GlobalX.

“The ability for Canada Jetlines Vacations to charter GlobalX to operate flights to Florida this upcoming winter is exciting news for Canada Jetlines. The partnership with GlobalX allows us the flexibility to quickly react and open routes and charter flights that would otherwise not be available,” said Eddy Doyle, CEO of Canada Jetlines.

https://www.globenewswire.com/news-release/2021/11/10/2332129/0/en/Global-Crossing-Airlines-and-Canada-Jetlines-Partner-on-Scheduled-Charter-Service-Between-Toronto-and-Florida.html
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