Global Crossing Airlines, America’s Fastest Growing Charter Airline, Receives Increased Authorization for up to 20 Aircraft by US DOT

MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe: JET, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, has been approved by the US Department of Transportation for an increase to 20 aircraft from its current authorization of 16 aircraft.

The increased fleet authorization allows GlobalX to add two (2) Airbus A320 and two (2) Airbus A321 passenger aircraft to its fleet by Summer 2024, subject to FAA approvals. The additional aircraft will strengthen GlobalX's refocused strategy to expand its ACMI passenger charter business.

“This increased authorization is a key step in our path to sustained profitability and achieving our goal to become America’s largest charter airline, setting the industry high mark for on-time performance and reliability,” said Chris Jamroz, Executive Chairman 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 a passenger ACMI and charter airline serving the US, Caribbean, European and Latin American markets. GlobalX is also now operating ACMI cargo service flying the A321 freighter. For more information, please visit www.globalxair.com.

For more information, please contact:

Ryan Goepel, President & CFO
Email: [e-mail]
Tel: [phone]

Cautionary Note Regarding Forward-Looking Information

This news release contains certain “forward-looking statements” and “forward-looking information”, as defined under applicable United States and Canadian securities laws, concerning anticipated developments and events that may occur in the future. Forward-looking statements contained in this news release include, but are not limited to, statements with respect to the Company’s aircraft fleet size, the plan to add two Airbus A320 and two Airbus A321 to its fleet by Summer 2024, the Company’s refocused strategy of expanding its ACMI passenger charter business, the goal sustained profitability and becoming one of America’s largest charter airlines, receipt of FAA approvals, the destinations that the Company intends to service, statements regarding on-time performance and reliability, and the Company’s growth plans.