---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-098353"
form_type: "8-K"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T18:09:24.203485+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GlobalX posts first annual positive operating income; FY EBITDA quadruples to $20.9M

## Summary
- First annual positive operating income of $8.9M vs -$1.1M loss in 2024.
- FY revenue up 10% to $246.3M; EBITDA $20.9M, up ~4x from $5.1M.
- Q4 net loss $1.9M vs $0.6M; operating income fell 57% to $1.5M from $3.5M.
- ACMI block hour mix rose to 85% in Q4; aircraft utilization up 17% to 554 hrs/mo.
- Full-year net loss narrowed to $3.1M from $11.5M; record operating cash flow achieved.

## SEC filing metadata
- accession: 0001193125-26-098353
- form_type: 8-K
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846084/000119312526098353/0001193125-26-098353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000119312526098353/jetmf-20260309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-098353
- JSON: https://secwatch.observer/filing/0001193125-26-098353.json
- Plain text: https://secwatch.observer/filing/0001193125-26-098353.txt

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