Global Crossing Airlines Q3 Investor Overview

“We Have More Demand For Passenger Aircraft Than We Have Supply”

Global Crossing Airlines Q3 Webinar Now Available

With the recent reporting of Q3/23, Management shared in a webinar the achievement of both a record quarter of revenue and block hours flown while reaffirming the guidance that GlobalX will reach $150+ million (US) in revenue in 2023.

Some of the key takeaways from the webinar are below:

• We are the preeminent narrow body charter airline in the Americas, and there is no question about that.
• We’re not focused on being a $150 million revenue company, we’re building to $400 to $500 million in annual revenues.
• GlobalX is mostly recession proof based on the company’s client list such as government, NCAA teams etc.
• There is demand for our passenger aircraft that exceeds our supply today and even next summer with fleet growth, even with the growing fleet, we’ll be short aircraft.
• We are very highly focused on getting additional passenger aircraft on our certificate.

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