---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-222708"
form_type: "8-K"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:13:07.422336+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GlobalX Q2 revenue $17.4M, net loss $6.8M; reaffirms FY22 revenue guidance of $90M+

## Summary
- Record quarterly revenue of $17.4M, up 7% from Q1 2022 with same aircraft count, driven by 2,132 block hours.
- Net loss of $6.8M due to $2.7M pilot training costs and $1M IT investments for growth.
- Reaffirms FY2022 revenue guidance of $90M+; expects operating profitability in Q3 2022.
- Q3 update: 50% increase in hours sold vs Q2 flown; adding one A321 passenger and one A321F freighter aircraft.
- Entering final stage of cargo certification; signed first dedicated A321 freighter contract with major South American carrier.

## SEC filing metadata
- accession: 0001193125-22-222708
- form_type: 8-K
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846084/000119312522222708/0001193125-22-222708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000119312522222708/d294995d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-222708
- JSON: https://secwatch.observer/filing/0001193125-22-222708.json
- Plain text: https://secwatch.observer/filing/0001193125-22-222708.txt

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