---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-153095"
form_type: "8-K"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2022-05-17T23:59:59+00:00"
generated_at: "2026-06-25T12:37:38.795030+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GlobalX Q1 revenue $16.3M (+46% QoQ), net loss $4.8M; reaffirms $90M+ 2022 revenue guidance

## Summary
- Revenue $16.3M on 1,729 block hours, up 46% and 33% respectively from Q4 2021.
- Net loss of $4.8M; ended quarter with $11.9M in cash, equivalents, and restricted cash.
- Signed contracts/LOIs for $70M in 2022, $76M in 2023, $52M in 2024; reiterates $90M+ revenue target for 2022.
- Expects operating income near break-even in Q2 and positive in Q3 2022.
- Leased two A321F freighters from Aerovista (deliveries Aug/Nov 2023); LOI for up to 200 eVTOL aircraft with EVE Mobility.

## SEC filing metadata
- accession: 0001193125-22-153095
- form_type: 8-K
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2022-05-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846084/000119312522153095/0001193125-22-153095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000119312522153095/d345531d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-153095
- JSON: https://secwatch.observer/filing/0001193125-22-153095.json
- Plain text: https://secwatch.observer/filing/0001193125-22-153095.txt

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