{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-209696","form_type":"8-K","ticker":"JETMF","cik":"0001846084","company_name":"Global Crossing Airlines Group Inc.","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.717031+00:00","generated_at":"2026-06-11T15:22:49.211128+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Global Crossing Airlines Q2 revenue $31.5M, up 80.5% YoY; raises 2023 guidance to $150M","bullets":["Revenue $31.5M (up 80.5% YoY); adjusted EBITDAR $5.3M; adjusted EBITDA ($1.5M); adjusted EPS ($0.05).","Net loss $7.5M or ($0.13)/share; block hours 3,585 (+70% YoY); July flew 2,538 block hours.","2023 revenue forecast raised to $150M (+54% vs 2022); 75% contracted; 13,629 block hours contracted YTD.","Secured $35M loan from Axar Capital (6-yr term, 15% interest, 10M warrants at $1); no near-term equity need.","Q2 impacted by $4.2M accelerated pilot training, $2.4M freighter delivery delays, and MRO downtime on 26% of fleet."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-209696","json":"https://secwatch.observer/filing/0001193125-23-209696.json","markdown":"https://secwatch.observer/filing/0001193125-23-209696.md","text":"https://secwatch.observer/filing/0001193125-23-209696.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523209696/0001193125-23-209696-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523209696/d413749d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T15:22:49.211128+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"194d15d5023c281eb0e5e67dfd9a9f4dd0912efc","claim":"Global Crossing Airlines Group Inc. reported 2023 results: revenue $150 million. Guidance raised.","evidence_excerpt":"The Company expects to operate over 6,000 block hours in Q3 and is increasing its revenue guidance for 2023 to $150 million, a 54% increase over 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523209696/0001193125-23-209696-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2023"},{"label":"Revenue","value":"$150 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}