Global Crossing Airlines Group Inc.

Global Crossing Airlines Group Inc.

JET.NE
Global Crossing Airlines Group Inc.CN flagCBOE CA
1.10
CAD
+0.02
- -
73.50MMarket Cap
Global Crossing Airlines Group Inc.
JET.NE
(CBOE CA)

Recent

price

1.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.31
1.86
2.82
3.71
3.84
3.95
Revenue per Share
-15.71
-36.35
-26.31
-8.26
-0.23
-1.32
-1.11
-1.25
-0.6
-0.94
-0.11
-0.43
-0.3
-0.37
-0.19
-0.05
-0.01
Basic EPS, GAAP
-13.6
-30.95
-11.5
-1.05
-0.26
-0.26
-0.65
-0.54
-0.86
-0.53
-0.07
-0.25
-0.11
-0.1
0.01
0.26
0.38
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
Dividend per Share
6.35
-11.82
-35.19
-40.76
-10.59
-8.39
-1.42
0.24
0.26
-0.24
-0.13
-0.48
-0.73
-1.04
-1.17
-1.15
-1.09
Book Value per Share
77.24
51.58
13.31
3.94
3.04
0.71
-0.71
0.42
0.46
-0.1
0.02
0.09
-0.14
-0.35
-0.49
-0.46
-0.4
Tangible Book Value per Share
- -
- -
- -
- -
1
2
1
6
7
8
19
46
52
57
60
64
65
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
14
97
160
224
246
256
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-120.07
-11.57
-9.91
-0.5
3.61
4.64
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
5
10
21
31
33
Depreciation Expense
-4
-12
-12
-4
- -
-2
-1
-7
-4
-8
-2
-20
-16
-21
-11
-3
-1
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-138.66
-16.29
-13.12
-5.13
-1.24
-0.2
Profit Margin (%)
11
6
- -
-1
2
1
-1
2
1
-1
-3
-5
-16
-22
-43
-60
-64
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
20
28
98
130
141
138
LT Debt
21
17
6
2
4
1
- -
2
3
-1
- -
4
-7
-20
-29
-29
-26
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
49.62
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-260.45
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
25
28
30
LT Borrowings
41
40
40
LT Finance Leases
87
100
99
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
66
67
Market Capitalization
57
48
44

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
17
31
29
Cash, Cash Equivalents & STI
7
17
17
Accounts Receivable, Net
5
7
5
Inventories
- -
- -
- -
Total Current Liabilities
71
92
93
Payables & Accruals
37
43
52
ST Debt
25
28
30
Deferred Revenue
9
21
11

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.6%
251.08%
0.03%
Free Cash Flow
302.77%
477.74%
1,833.41%
Net Income, GAAP
158.52%
152.67%
-73.4%
Sales/Revenue/Turnover
- -
- -
10.1%
Total Cash Common Dividend
- -
- -
108%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54
58
52
60
224
2025
67
61
58
60
246
2026
77
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
- -
-0.08
- -
-0.19
2025
- -
0.01
-0.03
- -
-0.05
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
Business
Global Crossing Airlines Group Inc. Global Crossing Airlines Group Inc. operates as a U.S. Part 121 domestic flag and supplemental charter airline, headquartered in Miami, Florida, and founded in 2018. The company provides aircraft, crew, maintenance, and insurance (ACMI) services via wet lease contracts to airlines and non-airlines; full-service passenger and cargo aircraft charters, including all-in fees covering fuel, insurance, landing, and navigation costs; and ad-hoc charter operations using the Airbus A320 family for passengers and Airbus A321 freighters for cargo. It serves markets in the United States, Caribbean, Latin America, Europe, and Canada, with crew bases in Miami, San Antonio, Texas, and Las Vegas, Nevada, and targets customers including tour operators, governments, and cargo providers. The company maintains a fleet of approximately 18 aircraft, comprising 14 passenger narrowbody jets and four freighters, supporting deportation flights for U.S. Immigration and Customs Enforcement, leisure charters such as those for Apple Vacations, and specialized routes like Miami-Havana services via its CubaX tour operator unit. In July 2025, Global Crossing Airlines Group Inc. completed its first aircraft acquisition—an Airbus A320—shifting to a hybrid ownership model from exclusive leasing, and signed lease agreements with funds managed by AE Industrial Partners, LP for four additional Airbus A319s, expanding fleet capacity by over 20 percent to meet rising charter and passenger demand. Earlier in January 2025, it established an electronic interline agreement with United Airlines for cargo on the Chicago-San Juan route via the Airblox platform. These moves enhance long-term cost management, asset value, and operational scale amid rapid business growth.