earnings
confidence high
sentiment positive
materiality 0.75
Global Crossing Airlines Q1 net income $2.7M (up 14x YoY); revenue $76.6M (+15%)
Global Crossing Airlines Group Inc.
2026-Q1 EPS reported
$0.04
revenue$76,566,000
- Revenue $76.6M (+15% YoY), net income $2.7M (14x increase), EBITDAR $24.2M (+17%).
- Average aircraft utilization 552 hours/aircraft (+25%); total block hours 8,315 (+10%).
- ACMI block hours 74% of total (vs 68% PY); net aircraft available 14.9 (down 11% YoY).
- Management targets financial sustainability by year-end; broad demand from sports, media, concerts.