---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-095998"
form_type: "8-K"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2025-07-16T23:59:59+00:00"
generated_at: "2026-05-18T06:18:17.219880+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Global Crossing completes first aircraft purchase, adds four A319 leases expanding fleet by >20%

## Summary
- Acquired one used A320 (MSN 3101) for net ~$14.28M; $14.65M loan at 8.84% matures by Mar 2031.
- Signed leases for four A319s from AE Industrial Partners; first delivery Aug 31, 2025, rest by Nov 2025.
- Fleet to reach 22 Airbus A320 family aircraft (pending approvals); transition to hybrid ownership model.
- President CFO Ryan Goepel says acquisition enhances asset value and long-term cost management.

## SEC filing metadata
- accession: 0000950170-25-095998
- form_type: 8-K
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2025-07-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846084/000095017025095998/0000950170-25-095998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000095017025095998/jetmf-20250709.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-095998
- JSON: https://secwatch.observer/filing/0000950170-25-095998.json
- Plain text: https://secwatch.observer/filing/0000950170-25-095998.txt

## Key facts
- Debt Financings
  Global Crossing Airlines Group Inc. incurred loan of $14,650,000 with volofin Holdings Designated Activity Company at 8.84% per annum maturing March 1, 2031 or day prior to next 12Y-Check.
  - Instrument: loan
  - Principal: $14,650,000
  - Counterparty: volofin Holdings Designated Activity Company
  - Rate: 8.84% per annum
  - Maturity: March 1, 2031 or day prior to next 12Y-Check
  - Event: incurrence
  source text: and the lenders party thereto (the “ Loan Agreement ”). Pursuant to the Loan Agreement, the Borrowers issued a one-time utilization request to borrow an aggregate amount of $14,650,000 (the “ Loan Amount ”), and on July 11, 2025, pursuant to a promissory note, the Borrowers incurred indebtedness equal to the Loan Amount. The Borrowers shall repay the Loan Amount
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846084/000095017025095998/0000950170-25-095998-index.htm

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