---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-061967"
form_type: "8-K"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:39:34.355209+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GlobalX Q3 revenue $42.6M (+38% YoY); reaffirms FY23 revenue guidance of $150M

## Summary
- Q3 revenue $42.6M (+38% YoY); EBITDAR $7.6M; GAAP operating loss $2.3M (improved $4.4M vs Q2).
- Block hours flown 6,487 (+173% YoY); pilot count rose to 125.
- Closed $35M debt facility with Axar Capital to fund growth and working capital.
- FY23 revenue guidance reaffirmed at $150M (+54% YoY); $143M already flown or contracted.
- Ends Q3 with $17.3M cash (+46% vs Dec 2022); 13 aircraft plus 4 planned Q4.

## SEC filing metadata
- accession: 0000950170-23-061967
- form_type: 8-K
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846084/000095017023061967/0000950170-23-061967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000095017023061967/jetmf-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-061967
- JSON: https://secwatch.observer/filing/0000950170-23-061967.json
- Plain text: https://secwatch.observer/filing/0000950170-23-061967.txt

## Key facts
- Earnings Releases
  Global Crossing Airlines Group Inc. updated its for the nine months ended September 30, 2023 guidance (reaffirmed).
  - Period: for the nine months ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 8, 2023, the Company issued a press release announcing its financial results for the nine months ended September 30, 2023. A copy of the press release is attached as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846084/000095017023061967/0000950170-23-061967-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.