{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-061065","form_type":"8-K","ticker":"JETMF","cik":"0001846084","company_name":"Global Crossing Airlines Group Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.975219+00:00","generated_at":"2026-06-05T01:54:48.807506+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Global Crossing Airlines reports record annual revenue $160.1M, net loss $21M, EBITDAR $20M","bullets":["Record annual revenue $160.1M (Q4 $53.5M); block hours doubled to 18,072.","EBITDAR $20M (fourfold increase); net loss $21M; EPS $(0.37).","Fleet grew to 14 aircraft; pilot count doubled; cash $17.7M (up 31% YoY).","GEM facility extended 12 months; $7M invested in pilot training for 2024 aircraft.","Management expects strong 2024 charter demand; sourcing aircraft next two quarters."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-061065","json":"https://secwatch.observer/filing/0001193125-24-061065.json","markdown":"https://secwatch.observer/filing/0001193125-24-061065.md","text":"https://secwatch.observer/filing/0001193125-24-061065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846084/000119312524061065/0001193125-24-061065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846084/000119312524061065/d794555d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:54:48.807506+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":"e4dc0ddbf2b50de798eb7dbc626f7d266008b4ef","claim":"Global Crossing Airlines Group Inc. reported twelve months ended December 31, 2023 results: revenue $160.1 Million, net income ($21) million, EPS $(0.37).","evidence_excerpt":"and $160M for the year. All figures are in United States dollars and prepared in accordance with U.S. GAAP. Annual 2023 Highlights and Financial Results • Annual Revenues of $160.1 Million • EBITDAR (1) of $20 Million, a fourfold increase over 2022 • Block Hours flown more than doubled • Aircraft Utilization jumps 26.3% • Pilot count more than doubles • Fleet size","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846084/000119312524061065/0001193125-24-061065-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2023"},{"label":"Revenue","value":"$160.1 Million"},{"label":"Net income","value":"($21) million"},{"label":"EPS","value":"$(0.37)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}