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Global Crossing Airlines Announces Us$5.0M Financing

Jan 30, 2023almost 3 years ago

Amount Raised

$5 Million

MiamiConsumer GoodsSoftware

Description

Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce it has secured an up to US$5.0 million loan (the “loan”) with a key long-term investor to provide working capital and additional liquidity to support GlobalX’s rapidly growing operations.

Company Information

Company

Global Crossing Airlines Group

Location

Miami, Florida, United States

About

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. In 2022, GlobalX will enter ACMI cargo service flying the A321 freighter, subject to DOT and FAA approvals. For more information, please visit www.globalxair.com.

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