GlobalX operates record 4,900 block hours in Jul-Aug; adds 10th passenger aircraft

Global Crossing Airlines Group Inc.

July: ~2,500 block hours; August: ~2,400 block hours; Q3 total 4,900 up 55% YoY from 3,157.
Took delivery of 10th passenger aircraft N285GX; revenue ops began Sept 1.
Closed $35M financing to add six more aircraft in 2023 and all planned 2024 deliveries.
Signed $4M ACMI government contract for Sept-Oct with potential multi-year extension.
Added 2 major tour operator contracts for Caribbean routes and cargo routes to Jamaica/Trinidad.

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