Added to YB: 2025-08-27
Pitch date: 2025-08-23
JETMF [neutral]
Global Crossing Airlines Group Inc.
-1.72%
current return
Author Info
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Company Info
Global Crossing Airlines Group Inc. provides air transport services in the United States, Europe, Canada, and Central and South America.
Market Cap
CAD 40.6M
Pitch Price
CAD 0.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.27
P/E
-8.13
EV/Sales
0.71
Sector
Passenger Airlines
Category
turnaround
Execution Watch: Airlines, Infrastructure, & Retail - Global Crossing Airlines Group Inc.
JETMF (earnings update): Q2 2025 rev $61.4M (+7% YoY), 2nd straight GAAP profit $0.6M ($0.01/sh), record 8,065 block hrs w/ 0 sub-service. ACMI mix ≈73% w/ rising $/hr driving better unit economics & $8.8M op cash flow. Fleet growth on track: +A320, 4 A319s due Sep-Dec, targeting ~23 aircraft by YE25. Tight liquidity w/ going-concern risk makes external funding key swing factor.
Read full article (1 min)