- Global Crossing Airlines Group Inc. (JET) received approval from the U.S. Department of Transportation to increase its fleet to 11 aircraft
- The company flies as a passenger and charter airline serving on an international scale
- Four aircraft will be added to its fleet over the next couple of months
- The first A321 freighter is undergoing its final tests and will be flown by the end of November
- Global Crossing Airlines Group Inc. (JET) is unchanged, trading at $0.86 per share as of 2:01 p.m. EST
Global Crossing Airlines Group (JET) has received approval from the U.S. Department of Transportation to increase the size of its fleet to 11 aircraft.
Global Crossing Airlines flies as a passenger and charter airline which serves the U.S., Caribbean, European and Latin American markets. This year, the company plans to enter aircraft, crew, maintenance, and insurance cargo service flying the A321 freighter, subject to certain approvals.
Ed Wegel, Chairman and CEO of Global Crossing Airlines, commented,
“This increased authorization will allow us to add four aircraft to our fleet over the next 60 days, including two A321 freighters, an A321 passenger aircraft and our first A319 aircraft… we intend to add the A321 passenger aircraft to our certificate by end of November and the two freighters in December, followed by the A319 in January.”
The company shared it is currently working closely with the U.S. Federal Aviation Administration for the final review of manuals, systems, and procedures for cargo certification.
The first A321 freighter is undergoing its final engine, airframe and systems tests and will be flown by the end of November.
Global Crossing Airlines Group Inc. (JET) is unchanged, trading at $0.86 per share as of 2:01 p.m. EST.
