Global Crossing Airlines Group Inc (QB) (JETMF) News

GlobalX has a 5yr contract with U.S. Immigration and Customs Enforcement’s deportation of illegal migrants
During the summer, GlobalX began operating passenger flights for the U.S. Department of Defense and was awarded a five-year subcontract to support U.S. Immigration and Customs Enforcement’s deportation of illegal migrants.

GlobalX Airlines to open cargo lane between Chicago, Puerto Rico

United Cargo is Partnering with Global Crossing Airline and Digital Middleman Airblox to Move Containers from Puerto Rico to Chicago
Puerto Rico’s Global Pharmaceutical Industry: UA Expands PR Pharma Exports
Invest Puerto Rico CSO John Bozek Shares the Mission, "Driving Economic Growth Promoting Puerto Rico as a World-Class Destination for Investment in Pharma."
United Cargo is Partnering with Global Crossing Airline and Airblox
United Cargo is Partnering with Global Crossing Airline and Digital Middleman Airblox to Move Containers from Puerto Rico to Chicago.Photo Courtesy of Eric Kulisch/FreightWaves
Mark Derho

United Airlines Utilizes Small Freighter for Puerto Rico’s Pharma Exports
A recent FreightWaves article titled "United Airlines Leverages Small Freighter for Puerto Rico Pharma Exports" highlights the airline’s role in supporting Puerto Rico’s pharmaceutical industry.


John Bozek, Chief Strategy Officer of Invest Puerto Rico, emphasizes the organization's mission of "Driving Puerto Rico's Economic Growth" through strategic partnerships and infrastructure improvements.

The article showcases how United Airlines’ dedicated freighter service contributes to the island’s economic development by facilitating efficient pharmaceutical exports.

“Expansions like this one highlight the growth of the air cargo and logistics community in Puerto Rico, a sector that has proven to be key to the island's economic competitiveness. This reinforces our ability to offer advanced logistics solutions, supporting our commitment to promoting Puerto Rico as a world-class destination for investment in Pharma and Medical Device manufacturing and other key sectors.”

John Bozek, Chief Strategy Officer of Invest Puerto Rico

Puerto Rico Plays an Essential Role in the Global Healthcare Supply Chain

A dozen of the world’s top 20 pharmaceutical companies, including Johnson & Johnson, Roche, and AbbVie, have manufacturing facilities on the island. Eight of the world’s 15 top-selling biopharmaceutical products are produced in Puerto Rico. Major medical device manufacturers, such as Medtronic, CooperVision, and Boston Scientific, also operate significant facilities here.

The island’s bioscience exports are crucial to the U.S. healthcare system, making efficient transport of these goods a national priority.
However, traditional cargo solutions have faced bottlenecks, often relying on indirect routes or limited cargo space on passenger planes. This new partnership offers a direct, strategic alternative, providing Puerto Rico’s pharma sector with a more agile and reliable export network.

How United Airlines’ New Cargo Strategy Works
1. Leveraging Freighter Aircraft for Direct Pharma Exports
Historically, United Airlines transported pharmaceutical products from Puerto Rico using the cargo hold of passenger aircraft, particularly Boeing 737 MAX 9 flights from San Juan to Chicago. However, these aircraft cannot accommodate large cargo containers, requiring shipments to be transported as loose cargo, adding complexity and delays.

To solve this issue, United Cargo is now utilizing narrowbody freighters operated by Global Crossing Airlines (GlobalX), a Miami-based startup airline specializing in cargo and charter flights. This freighter service allows:

Larger, containerized shipments that are easier to handle and transfer.

Faster processing times, since cargo can be directly loaded onto connecting aircraft.

Increased reliability for Puerto Rico’s pharma industry, reducing dependence on indirect routes.

With three weekly flights from San Juan to Chicago, this service optimizes the supply chain for pharma companies exporting to the Midwest and beyond.

2. Digital Freight-Tech Innovation via Airblox
A key component of this partnership is the involvement of Airblox, a startup digital freight-tech company that offers a marketplace for airlines to sell future cargo space.

This innovation provides freight forwarders and logistics companies with:

Guaranteed cargo capacity on specific routes, reducing uncertainty.

More competitive pricing by allowing forwarders to book space in advance.

A modern, digital approach to an industry that has traditionally relied on manual bookings.

By integrating technology-driven solutions, United Airlines and its partners are pioneering a more efficient and transparent logistics ecosystem.

Revenues here could explode for first Q 2025...I bet their hours are booked solid flying deportations

Signs of preloading here?

I did a little reading online. Seems the company restructured/refocused in Q1. I read current/previous employee comments online that varied greatly. But overall sentiment was lack of structure...could be part of this effort to refocus. Come on guys, bring some shareholder value here!

"Additionally, we recognize the importance of establishing repeat business with strategic customers. To further these efforts, we have deepened our relationship with a key government agency that is now utilizing eight dedicated aircraft with our fleet, and chartering over 1,000 ACMI block hours per month."

https://finance.yahoo.com/news/global-crossing-airlines-group-inc-124519773.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAASXS1yBoV4a9aI8C1W1deMwgxxTduIoRp3P7SEx-L09ynZEHJuz5jZjp2qPpDAyzXmp9AtM7oYIJpjit6q5vk13OFEurKs6JkGAUh84UOcJk_lLxKwaRle8DpC-CjQyOjZMdiI5M-dlAMdWnCvjzFeBZciyX0mLp7GG5Eq3vhAg

Global Crossing Airlines, the Nation's Fastest Growing Charter Airline, Achieves Record Annual Revenues

https://feeds.issuerdirect.com/news-release.html?newsid=5967005501367024

Global Crossing Airlines Reports Earning Release Date and Details of Upcoming Webinar

https://www.cboe.ca/en/live/security-activity/JET#!/news/6463414779278898

Global Crossing Airlines Reports Earning Release Date and Details of Upcoming Webinar

https://www.cboe.ca/en/live/security-activity/JET#!/news/6463414779278898

Global Crossing Airlines Confirms Earning Release Date

https://feeds.issuerdirect.com/news-release.html?newsid=6484600006159971

Good buying opportunity here

Global Crossing Airlines Announces Annual Meeting Results

https://feeds.issuerdirect.com/news-release.html?newsid=6727261261292804

UrbanX Air and Eve Air Mobility Collaborate to Bring First Electric Air Commuter Flights to Miami

https://feeds.issuerdirect.com/news-release.html?newsid=5384164109776647

Global Crossing Airlines to Present at the Small Cap Virtual Investor Conference November 30th

https://feeds.issuerdirect.com/news-release.html?newsid=8512094479842897

Global Crossing Airlines Establishes UrbanX Air To Pursue Urban Air Mobility In South Florida

https://howardgroupinc.com/global-crossing-airlines-establishes-urbanx-air-to-pursue-urban-air-mobility-in-south-florida/

Could 2024 See GlobalX Revenues Reach $360 Million & Net Income Over $18 Million?

https://howardgroupinc.com/could-2024-see-globalx-revenues-reach-360-million-net-income-over-18-million/

Global Crossing Airlines Partners With Karbon-X To Further Commit To Sustainable Air Travel

https://howardgroupinc.com/global-crossing-airlines-partners-with-karbon-x-to-further-commit-to-sustainable-air-travel/

“We Have More Demand For Passenger Aircraft Than We Have Supply” – Global Crossing Airlines Q3 Webinar Now Available

I wonder how many of those warrants from the recent financing are being purchased at $1/share?

Global Crossing Airlines Achieves Record Third Quarter Revenues And EBITDAR

https://howardgroupinc.com/global-crossing-airlines-achieves-record-third-quarter-revenues-and-ebitdar/

60 Second GlobalX Checklist: Savvy investors embrace companies that astutely marry risk mitigation with accelerated and sustained growth.

Take a quick look at this important checklist before embarking on a successful journey:

Global Crossing Airlines Announces Record Block Hours

https://howardgroupinc.com/global-crossing-airlines-announces-record-block-hours/

Global Crossing Airlines Announces Agreement To Lease An A321 Freighter From ATSG

https://howardgroupinc.com/global-crossing-airlines-announces-agreement-to-lease-an-a321-freighter-from-atsg/

Global Crossing Airlines CFO – “We’re In Hyper Growth”

https://howardgroupinc.com/global-crossing-airlines-cfo-were-in-hyper-growth/

Global Crossing Airlines Announces Agreement To Finance Construction Of Its New Maintenance Facility

https://howardgroupinc.com/global-crossing-airlines-announces-agreement-to-finance-construction-of-its-new-maintenance-facility/

Global Crossing Airlines Continues Record Flight Activity And Announces Several Key Milestones

https://howardgroupinc.com/global-crossing-airlines-continues-record-flight-activity-and-announces-several-key-milestones/

Former Industry Analyst Increases “Fair Value” Range For Global Crossing Airlines

https://howardgroupinc.com/former-industry-analyst-increases-fair-value-range-for-global-crossing-airlines/

Global Crossing Airlines Second Quarter Webinar Recording Now Available

https://howardgroupinc.com/global-crossing-airlines-second-quarter-webinar-recording-now-available/

Global Crossing Airlines Announces $31.5M In Revenue For Q2 With Adjusted EBITDAR Of $5.3M

https://howardgroupinc.com/global-crossing-airlines-announces-31-5m-in-revenue-for-q2-with-adjusted-ebitdar-of-5-3m/

Global Crossing Airlines Reports Record Block Hours And Confirms Earning Release Date

https://howardgroupinc.com/global-crossing-airlines-reports-record-block-hours-and-confirms-earning-release-date/

Global Crossing Airlines New Strategic Investor Is A Powerful Financial Tailwind

https://howardgroupinc.com/global-crossing-airlines-new-strategic-investor-is-a-powerful-financial-tailwind/

Global Crossing Airlines Announces Closing Of US$35 Million Financing With Axar Capital Management LLC

https://howardgroupinc.com/global-crossing-airlines-announces-closing-of-us35-million-financing-with-axar-capital-management-llc/

Global Crossing Airlines Adds Second A321 Freighter To Its Certificate And Signs Lease For 11th A320 Passenger Aircraft

https://howardgroupinc.com/global-crossing-airlines-adds-second-a321-freighter-to-its-certificate-and-signs-lease-for-11th-a320-passenger-aircraft/

An In Depth Conversation With The Author Of “Fasten Your Seatbelts – We’re Ready For Takeoff” – Global Crossing Airlines’ Fair Value

https://howardgroupinc.com/an-in-depth-conversation-with-the-author-of-fasten-your-seatbelts-were-ready-for-takeoff-global-crossing-airlines-fair-value/

Global Crossing Airlines Provides Details Of Investor Webinar

https://howardgroupinc.com/global-crossing-airlines-provides-details-of-investor-webinar/

Global Crossing Airlines Announces Appointment Of Top Flight Charters As Its Exclusive Collegiate Sports Charter Broker Committing 5 Aircraft For The 2023/2024 Season

https://howardgroupinc.com/global-crossing-airlines-announces-appointment-of-top-flight-charters-as-its-exclusive-collegiate-sports-charter-broker-committing-5-aircraft-for-the-2023-2024-season/

Global Crossing Airlines To Present At Gravitas’ 4th Los Angeles Summit

https://howardgroupinc.com/global-crossing-news-release-may302023/

“Fasten Your Seatbelts – We’re Ready For Takeoff” An In Depth View Of Global Crossing Airlines’ Fair Value

https://howardgroupinc.com/fasten-your-seatbelts-were-ready-for-takeoff-an-in-depth-view-of-global-crossing-airlines-fair-value/

@airbus #youcantbeattheexperience #airbus #globalcrossing #globalx #cargofreighter #freighter #airlines #airplanes #aviation #travel #cargo #neoexchange #otcqb #airline #airplane | $JET.NE | $JET.B.NE | $JETMF |

“We’ve Set The Stage For Great Growth” – Ed Wegel, CEO, Global Crossing Airlines First Quarter Results Webinar Recording Now Available

https://howardgroupinc.com/weve-set-the-stage-for-great-growth-ed-wegel-ceo-global-crossing-airlines-first-quarter-results-webinar-recording-now-available/

Global Crossing Airlines Authorized Increase To 16 Aircraft By US DOT

https://howardgroupinc.com/global-crossing-airlines-authorized-increase-to-16-aircraft-by-us-dot/

Global Crossing Airlines Announces $32.5M In Revenue For Q1 With Adjusted EBITDAR Of $2.5M Reaffirms Revenue Forecast Over $140M In 2023

https://howardgroupinc.com/global-crossing-airlines-announces-32-5m-in-revenue-for-q1-with-adjusted-ebitdar-of-2-5m-reaffirms-revenue-forecast-over-140m-in-2023/

Global Crossing Airlines Announces Delivery Of 7th A320 And Updates Future Aircraft Delivery Schedule

https://howardgroupinc.com/global-crossing-airlines-announces-delivery-of-7th-a320-and-updates-future-aircraft-delivery-schedule/

Global Crossing Airlines Announces Agreement To Provide Additional Lift For Lynx Air In Canada

https://howardgroupinc.com/global-crossing-airlines-announces-agreement-to-provide-additional-lift-for-lynx-air-in-canada/

Global Crossing Airlines Continues Triple Digit Year Over Year Growth For Key Non-Financial Operating Metrics And Confirms Earning Release Date

https://howardgroupinc.com/global-crossing-airlines-continues-triple-digit-year-over-year-growth-for-key-non-financial-operating-metrics-and-confirms-earning-release-date/

Global Crossing Airlines Announces New Pilot Pathway With L3Harris

https://howardgroupinc.com/global-crossing-airlines-announces-new-pilot-pathway-with-l3harris/

Global Crossing Airlines Announces Three (3) year European Summer Wet Lease Program with TUI in the Netherlands

https://howardgroupinc.com/global-crossing-airlines-announces-three-3-year-european-summer-wet-lease-program-with-tui-in-the-netherlands/

Lincoln, Nebraska Welcomes Global Crossing Airlines

https://howardgroupinc.com/lincoln-nebraska-welcomes-global-crossing-airlines/

Global Crossing Airlines Announces Agreement With CubaMax For Up To Nine Flights Per Week To Cuba With Growth Of Up To 23 Flights Per Week

https://howardgroupinc.com/global-crossing-airlines-announces-agreement-with-cubamax-for-up-to-nine-flights-per-week-to-cuba-with-growth-of-up-to-23-flights-per-week/

#youcantbeattheexperience #airbus #globalcrossing #globalx #travel #cuba #aviation #airlines #airplanes @airbus $JET.NE | $JET.B.NE | $JETMF

Global Crossing Airlines Granted Amended Foreign Air Operators Certificate By Transport Canada

https://howardgroupinc.com/global-crossing-airlines-granted-amended-foreign-air-operators-certificate-by-transport-canada/

Looks like the market didn't care for the mention of convertible debts here. Time to buy?

Global Crossing Airlines Announces Agreement To Lease An Additional A321 Freighter In 2023 And Continues Certification Of Its Colombian Cargo AOC

https://howardgroupinc.com/global-crossing-airlines-announces-agreement-to-lease-an-additional-a321-freighter-in-2023-and-continues-certification-of-its-colombian-cargo-aoc/