Global Crossing Airlines Group INC

Market Movers (8-K)

OQB
Global Crossing Airlines Group Inc. announced a 15% year-over-year revenue increase to $76.6 million for Q1 2026, driven by strong aircraft utilization and block hour growth, alongside a significant 14x increase in GAAP net income.
Better than expected
OQB
Global Crossing Airlines Group Inc. stockholders re-elected six directors and reapproved all incentive plans and the independent auditor at their 2025 Annual Meeting.
OQB
Global Crossing Airlines Group Inc. reported an 11% year-over-year revenue increase to $58.0 million for Q3 2025, though operational execution issues prevented net income profitability.
Worse than expected
OQB
Global Crossing Airlines Group Inc. reported significantly improved financial results for Q2 2025, driven by record block hours, fleet expansion, and a strategic shift towards higher-margin ACMI operations.
Better than expected
Capital raise
OQB
Global Crossing Airlines Group Inc. announced the acquisition of its first aircraft and secured leases for four additional Airbus A319s, marking a strategic shift to a hybrid ownership model and significant fleet expansion.
Better than expected
Capital raise
OQB
Global Crossing Airlines Group Inc. reports a cybersecurity incident discovered on May 5, 2025, initiating investigation and containment measures.

Quarterly Earnings (10-Q)

OQB
Global Crossing Airlines Group Inc. reported a significant increase in revenue and net income for the first quarter of 2026, driven by strong performance in the passenger charter market.
Better than expected
Capital raise
OQB
Global Crossing Airlines Group Inc. reported significantly improved operating income and reduced net losses for the nine months ended September 30, 2025, driven by strong ACMI growth and fleet expansion, despite a persistent going concern warning.
Delay expected
Better than expected
Capital raise
OQB
Global Crossing Airlines Group Inc. reported significant revenue and net income growth, driven by strong passenger charter demand and a strategic shift to ACMI contracts, despite a going concern warning.
Capital raise
Better than expected
OQB
Global Crossing Airlines Group Inc. achieves profitability in Q1 2025 with a significant revenue increase driven by ACMI growth.
Capital raise
Better than expected
OQB
Global Crossing Airlines Group saw a 23.2% increase in revenue year-over-year in Q3 2024, driven by a shift towards ACMI services, despite facing operational challenges.
Worse than expected
Capital raise
OQB
Global Crossing Airlines Group achieved a profitable second quarter, driven by a strategic refocus on its core narrow-body charter business and increased ACMI operations.
Better than expected
Capital raise

Annual Reports (10-K)

OQB
Global Crossing Airlines Group Inc. has entered into an aircraft operating lease agreement for an Airbus A319-111 aircraft with UMB Bank, N.A., as lessor.
OQB
Global Crossing Airlines Group Inc. reported its first positive operating income in 2025, driven by strong ACMI demand and strategic fleet growth, despite ongoing net losses and liquidity concerns.
Better than expected
Capital raise
Delay expected
OQB
Global Crossing Airlines Group Inc. significantly reduced its operating loss and increased revenue in 2024, driven by ACMI growth and strategic investments.
Better than expected
Delay expected
OQB
Global Crossing Airlines Group Inc. reports a significant increase in revenue for 2023, driven by growth in both charter and ACMI services, despite ongoing net losses.
Worse than expected
Capital raise

Insider Trading (Form 4)

OQB
Ryan Goepel, an officer and director of Global Crossing Airlines Group Inc., reported several transactions involving common stock and restricted stock units.
OQB
Global Crossing Airlines’ President & CFO Ryan Goepel reported multiple stock transactions and RSU vesting schedules, retaining 1,810,795 common shares post-transactions.
OQB
Global Crossing Airlines Group Inc.'s President and CFO, Ryan Goepel, reported the sale of 158,929 common shares through pre-arranged trading plans.
Worse than expected
OQB
Global Crossing Airlines Director Krzysztof W. Jamroz reported significant acquisitions of common stock, RSUs, and warrants, increasing his indirect beneficial ownership.
OQB
Red Oak Partners, a 10% owner of Global Crossing Airlines Group Inc., reported significant sales of common stock, Class A non-voting common stock, and warrants.
Worse than expected
OQB
Global Crossing Airlines Director Deborah Wallis Robinson acquired 33,500 shares of common stock through derivative exercises, increasing her direct ownership to 431,494 shares.

Proxy Statements (Def-14A)

OQB
Global Crossing Airlines Group Inc. has filed a Definitive Proxy Statement with the U.S. Securities and Exchange Commission.
OQB
Global Crossing Airlines Group Inc. announces its 2025 Annual Meeting of Stockholders to vote on director elections, reapproval of equity incentive plans, and auditor ratification.
Capital raise
OQB
Global Crossing Airlines Group Inc. will hold its 2024 Annual Meeting of Stockholders on November 22, 2024, to vote on director elections, an employee share purchase plan amendment, and the ratification of the independent auditor.

New Public Companies (S-1)

OQB
Global Crossing Airlines Group Inc. achieved a net income of $0.5 million in Q1 2025, a significant turnaround from previous losses, driven by robust ACMI revenue growth and improved operational efficiency, despite auditors raising substantial doubt about the company's ability to continue as a going concern.
Better than expected
Capital raise
OQB
Global Crossing Airlines aims to register the resale of up to 23.3 million shares by selling stockholders, including shares from warrants and Class A non-voting stock conversions.
OQB
Global Crossing Airlines aims to register the resale of up to 23,270,077 shares by selling stockholders, including shares from warrants and Class A non-voting stock conversions.
OQB
Global Crossing Airlines amends its S-1 registration to allow selling stockholders to resell up to 23,217,500 shares of common stock issuable upon exercise of warrants.
Capital raise

Schedule 13D - Activist Investments

OQB
Galloway Capital Partners, LLC has increased its stake in Global Crossing Airlines Group, Inc. to 8.10%, believing the company is undervalued and has significant growth potential.
Better than expected
OQB
Global Crossing Airlines Group Inc.'s Executive Chairman, Krzysztof W. Jamroz, has increased his beneficial ownership to 5.06% of the company's common stock through a recent acquisition.
OQB
Galloway Capital Partners, LLC and affiliates have increased their ownership in Global Crossing Airlines Group Inc. to 6.24%, citing undervaluation and urging strategic alternatives.
Worse than expected
OQB
Red Oak Partners and David Sandberg have reduced their beneficial ownership in Global Crossing Airlines Group Inc. to 18.4% through recent share sales.
Worse than expected
OQB
Galloway Capital Partners, holding a 4.33% stake in Global Crossing Airlines Group, Inc., believes the company's shares are significantly undervalued and is urging management to explore strategic transactions to enhance shareholder value.
Worse than expected
OQB
Investment firm Red Oak Partners and its affiliates have disclosed a significant 21.4% beneficial ownership stake in Global Crossing Airlines Group Inc., signaling a strategic investment.
Better than expected