Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Canadian charter airline taps $500 million-plus a year aviation business

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| June 1, 2023

{{labelSign}}  Favorites
{{errorMessage}}

  • Global Crossing Airlines (NEO:JET) has turned to a team of highly experienced aviation professionals
  • The domestic flag and supplemental airline appointed Top Flight Charters as its exclusive Collegiate Charter Broker for the 2023 / 2024 season
  • Top Flight Charters supports college athletics and is structured, staffed, and designed with collegiate customers in mind
  • Global Crossing Airlines Group Inc. (JET) opened trading at C$1.22 per share

Global Crossing Airlines (NEO:JET) has turned to a team of highly experienced aviation professionals.

The domestic flag and supplemental airline appointed Top Flight Charters, led by Ryan Dohmen, as its exclusive Collegiate Charter Broker for the 2023 / 2024 season, committing five A320s in various configurations, including two All VIP 68 seat all business class aircraft.

GlobalX’s Chairman and CEO, Ed Wegel, commented on this news in a media release.

“We believe the Collegiate Air Charter Market is a $500 million-plus a year business and to effectively participate in this business you need to work with trusted partners. With Ryan Dohmen leading, Top Flight Charters is well positioned to represent GlobalX in this key business segment.”

The sole focus driving (or piloting) Top Flight Charters is to support college athletics, and as such, is structured, staffed, and designed with collegiate customers in mind. Top Flight Charters’ team is a collection of industry veterans who were handpicked based on their experience and ability to foster relationships with team members, vendors, and clients.

“There have been several recent changes in the charter industry, and I’m excited about the possibilities that are in front of us. GlobalX has positioned itself to become a leader in the collegiate charter space,” added Top Flight Charters’ President, Ryan Dohmen. “Together, I am confident we can do some really cool things that complement the ever-changing landscape of collegiate athletics.”

Driven by an influx of new-to-business aviation customers, the market has grown considerably through acquisitions. From consolidation, the COVID pandemic, unprecedented demand, and stock exchange listings the charter industry has soared, nose-dived, and took off again.

GlobalX is a U.S. 121 domestic flag and supplemental Airline flying the Airbus A320 family aircraft. GlobalX flies as a passenger ACMI and charter airline serving the U.S., Caribbean, European and Latin American markets. GlobalX is also now operating ACMI cargo service flying the A321 freighter and was recenty approved by the U.S. Department of Transportation for an increase to 16 aircraft from the current authorization of 11 aircraft. Click here to read the latest on that news.

Global Crossing Airlines Group Inc. (JET) opened trading at C$1.22 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



{{labelSign}}  Favorites
{{errorMessage}}

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today