Source-grounded facts extracted from Global Crossing Airlines Group Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
David Sandberg was appointed as Director at Global Crossing Airlines Group Inc..
“On August 11, 2026, the Board of the Company appointed David Sandberg to serve as a director on the Board of the Company, effective immediately, with a term expiring at the Company’s next Annual Meeting of Stockholders.”
T. Allan McArtor resigned as Director at Global Crossing Airlines Group Inc..
“On August 14, 2026, T. Allan McArtor submitted to Global Crossing Airlines Group Inc. (the “Company”) his notice of resignation from the Board of Directors (the “Board”) of the Company, effective August 14, 2026.”
Global Crossing Airlines Group Inc. reported for the first quarter ended March 31, 2026 results: revenue $76.6 Million, net income $2.7 Million, EPS $0.04 per share.
“Global Crossing Airlines Reports First Quarter 2026 Financial Results Strong Aircraft Utilization and Block Hour Growth Drive 15% Year-Over-Year Increase in Revenue to $76.6 Million Increased GAAP Net Income 14x Year-Over-Year to $2.7 Million or $0.04 per Share and EBITDAR by 17% Year-Over-Year to $24.2 Million”
Global Crossing Airlines Group Inc. reported financial results for fourth quarter and full year ended December 31, 2025.
“On March 4, 2026, Global Crossing Airlines Group Inc. (the “Company”) issued a press release (the “Press Release”) announcing its financial and operating results for the fourth quarter and full year ended December 31, 2025.”
Global Crossing Airlines Group Inc. incurred loan of $14,650,000 with volofin Holdings Designated Activity Company at 8.84% per annum maturing March 1, 2031 or day prior to next 12Y-Check.
“and the lenders party thereto (the “ Loan Agreement ”). Pursuant to the Loan Agreement, the Borrowers issued a one-time utilization request to borrow an aggregate amount of $14,650,000 (the “ Loan Amount ”), and on July 11, 2025, pursuant to a promissory note, the Borrowers incurred indebtedness equal to the Loan Amount. The Borrowers shall repay the Loan Amount”
Chris Jamroz was appointed as Executive Chairman at Global Crossing Airlines Group Inc..
“Chris Jamroz has been appointed as Executive Chairman of the Company’s Board of Directors, effective as of February 5, 2024.”
Ryan Goepel was appointed as President at Global Crossing Airlines Group Inc..
“Ryan Goepel has been appointed President of the Company, effective as of February 5, 2024.”
Edward J. Wegel was terminated as Chief Executive Officer and Chairman at Global Crossing Airlines Group Inc..
“Edward J. Wegel was terminated as the Company’s Chief Executive Officer and Chairman of the Board of Directors, effective of February 5, 2024.”
Global Crossing Airlines Group Inc. reported twelve months ended December 31, 2023 results: revenue $160.1 Million, net income ($21) million, EPS $(0.37).
“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”
Chris Jamroz was appointed as Executive Chairman at Global Crossing Airlines Group Inc..
“Chris Jamroz has been appointed as Executive Chairman of the Board, effective as of February 5, 2024.”
Ryan Goepel was appointed as President at Global Crossing Airlines Group Inc..
“Ryan Goepel has been appointed President of the Company, effective as of February 5, 2024.”
Edward J. Wegel resigned as Chairman and CEO at Global Crossing Airlines Group Inc..
“Mr. Wegel has resigned his duties, rights, and obligations as an officer and Chairman and CEO of the Company, effective February 5, 2024.”
Global Crossing Airlines Group Inc. incurred senior notes of $5 million with Additional Purchasers at 15% per annum.
“On December 21, 2023, the Issuer, GCA and the Guarantors, and certain other Purchasers (the “Additional Purchasers” and together with the Initial Purchasers, the “Purchasers”) entered into a Subscription Agreement for the sale of an additional $5 million of Notes (the “Additional Notes”) and 1,428,736 warrants.”
Global Crossing Airlines Group Inc. incurred senior notes of $35 million with Initial Purchasers at 15% per annum maturing August 2, 2029.
“Pursuant to the terms of the Subscription Agreement, on the Closing Date, the Initial Purchasers purchased (i) of Senior Secured Notes due 2029 (“Notes”) in the aggregate principal amount of $35 million”
Andrew Axelrod was appointed as director at Global Crossing Airlines Group Inc..
“Pursuant to the Subscription Agreement, the board of directors of the Issuer appointed Andrew Axelrod a director of the Issuer on August 3, 2024, effective immediately.”
Global Crossing Airlines Group Inc. updated its for the nine months ended September 30, 2023 guidance (reaffirmed).
“On November 8, 2023, the Company issued a press release announcing its financial results for the nine months ended September 30, 2023. A copy of the press release is attached as Exhibit 99.1.”
Global Crossing Airlines Group Inc. reported 2023 results: revenue $150 million. Guidance raised.
“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.”
Global Crossing Airlines Group Inc. incurred senior notes of $35 million with U.S. Bank Trust Company, National Association at 15% per annum maturing August 2, 2029.
“(each, a “Warrant”). Pursuant to the terms of the Subscription Agreement, on the Closing Date, the Initial Purchasers purchased (i) Notes in the aggregate principal amount of $35 million and (ii) 10 million common stock warrants (each, a “Warrant”) in the aggregate in a private placement (the “Offering’) exempt from the registration requirements of the Securities”
Global Crossing Airlines Group Inc. entered into Security Agreement with U.S. Bank Trust Company, National Association, as collateral agent (effective 2023-08-02).
“the Issuer, the Guarantors and the Collateral Agent entered into a Security Agreement, dated the August 2, 2023 (the “Security Agreement”).”
Global Crossing Airlines Group Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee and as collateral agent (effective 2023-08-02).
“The Issuer, the Guarantors and U.S. Bank Trust Company, National Association, as trustee (in such capacity, the “Trustee”) and as collateral agent (in such capacity, the “Collateral Agent”), entered into an indenture (the “Indenture”) with respect to the Notes.”
Global Crossing Airlines Group Inc. entered into Subscription Agreement with the initial purchasers party thereto valued at $35 million (effective 2023-08-02).
“On August 2, 2023 (the “Closing Date”), Global Crossing Airlines Group, Inc. (the “Issuer”), Global Crossing Airlines, Inc. (“GCA”), certain other direct and indirect subsidiaries of the Issuer (the “Guarantors”) and the initial purchasers party thereto (the “Initial Purchasers”) entered into a Subscription Agreement for the purchase from the issuer of senior secured notes due 2029 (the “Notes”) and common stock warrants (each, a “Warrant”).”
Andrew Axelrod was appointed as Director at Global Crossing Airlines Group Inc..
“the board of directors of the Issuer appointed Andrew Axelrod a director of the Issuer on August 3, 2024, effective immediately.”
Global Crossing Airlines Group Inc. reported FY2023 results: revenue $140 million. Guidance reaffirmed.
“GlobalX is providing revenue guidance of over $140 million in revenue for 2023 based on a fleet of 9 passenger and 2 cargo aircraft, a 69% increase over 2022.”
Global Crossing Airlines Group Inc. reported Q1 2023 results: revenue $32.2 million, EPS $(0.07).
“Total operating revenue for Q1 2023 was $32.2 million. This represents an increase of $15.8 million or 96.3% when compared to Q1 2022. In addition, GlobalX operated 3,134 revenue block hours in Q1 2023 representing an 81% increase over the number of block hours operated in Q1 2022. Q1 2023 results on an Adjusted EBITDAR (1) basis were $2.5 million, an Adjusted EBITDA (1) basis of approximately ($2.9) million and Adjusted EPS (1) of $(0.07).”
Global Crossing Airlines Group Inc. reported 2023 results: revenue at least $140 Million. Guidance initiated.
“We are providing guidance of expected full year revenue in 2023 of at least $140 Million”
Global Crossing Airlines Group Inc. reported the 2022 year and Q4 2022 results: revenue $97.1 million and $32.5 million, EPS $(0.00). Guidance initiated.
“Total operating revenues for the 2022 year and Q4 2022 were $97.1 million and $32.5 million”
Global Crossing Airlines Group Inc. reported financial results for the twelve months ended December 31, 2022.
“On March 9, 2023, the Company issued a press release announcing its financial results for the twelve months ended December 31, 2022.”
Global Crossing Airlines Group Inc. incurred loan of up to US$5,000,000 at 20% per annum maturing six months from the date of issuance.
“On January 27, 2023, Global Crossing Airlines Group Inc. (the “Company”) and Global Crossing Airlines Inc. (“Global Subsidiary”), a wholly-owned subsidiary of the Company, became parties to promissory note (the “Note”) which evidences Global Subsidiary’s loan of up to US$5,000,000 (the “Loan”) from a third party lender.”
Global Crossing Airlines Group Inc. entered into Note valued at US$5,000,000 (effective 2023-01-27).
“On January 27, 2023, Global Crossing Airlines Group Inc. (the "Company") and Global Crossing Airlines Inc. ("Global Subsidiary"), a wholly-owned subsidiary of the Company, became parties to promissory note (the "Note") which evidences Global Subsidiary's loan of up to US$5,000,000 (the "Loan") from a third party lender.”
Global Crossing Airlines Group Inc. shareholders approved Ratification of the appointment of Rosenberg Rich Baker Berman P.A. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022 at the 2022-12-08 meeting.
“5. Ratification of the appointment of Rosenberg Rich Baker Berman P.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. The proposal was approved by a vote of stockholders as follows: Votes For Votes Against 13,408,382 32,755”
Global Crossing Airlines Group Inc. shareholders approved Approval of the Amendment to the Global Crossing Airlines Group Inc. Performance Share Unit Plan at the 2022-12-08 meeting.
“4. Approval of the Amendment to the Global Crossing Airlines Group Inc. Performance Share Unit Plan The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Broker Non-Votes Interested Stockholder Vote (Excluded) 5,717,890 159,824 2,118,280 5,445,143”
Global Crossing Airlines Group Inc. shareholders approved Approval of the Amendment to the Global Crossing Airlines Group Inc. Restricted Share Unit Plan at the 2022-12-08 meeting.
“3. Approval of the Amendment to the Global Crossing Airlines Group Inc. Restricted Share Unit Plan The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Broker Non-Votes Interested Stockholder Vote (Excluded) 5,703,589 174,125 2,118,280 5,445,143”
Global Crossing Airlines Group Inc. shareholders approved Approval of the Amendment to the Global Crossing Airlines Group Inc. Incentive Stock Option Plan at the 2022-12-08 meeting.
“2. Approval of the Amendment to the Global Crossing Airlines Group Inc. Incentive Stock Option Plan The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Broker Non-Votes Interested Stockholder Vote (Excluded) 5,704,306 173,408 2,118,280 5,445,143”
Global Crossing Airlines Group Inc. shareholders approved Election of Directors at the 2022-12-08 meeting.
“1. Election, as directors, of the seven nominees, with each director to serve until the next annual meeting of stockholders and until the election and qualification of such director’s successor. Each nominee for director was elected by a vote of the stockholders as follows: Nominee Votes For Votes Withheld Broker Non-Votes Edward J. Wegel 11,313,042 9,815 2,118,280 Ryan Goepel 11,312,871 9,986 2,118,280 Alan Bird 11,312,922 9,935 2,118,280 T. Allan McArtor 11,311,122 11,735 2,118,280 John Quelch 11,310,922 11,935 2,118,280 Deborah Robinson 11,310,755 12,102 2,118,280 Cordia Harrington 11,305,955 16,902 2,118,280”
Joseph DaGrosa retired as Director at Global Crossing Airlines Group Inc..
“On March 31, 2022, Joseph DaGrosa, a member of the Board of Directors of Global Crossing Airlines Group Inc. (the “Company”), notified the Company of his intention to retire from the Company’s Board of Directors for personal reasons, effective as of March 31, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.