- Global Crossing Airlines Group (JET) has signed a cooperation agreement with Estelar Airlines based in Caracas, Venezuela
- The two airlines will work to re-establish daily non-stop service from Miami to Caracas and three flights per week to Maracaibo, with GlobalX Airbus A320 aircraft
- Global Crossing anticipates that restrictions of direct air service between the US and Venezuela will be removed over the next few months
- Global Crossing intends to fly as an ACMI and wet-lease charter airline serving the US, Caribbean and Latin American markets
- Global Crossing Airlines (JET) is down 0.86 per cent and is trading at C$2.30 at 12:26 pm EST
Global Crossing Airlines Group (JET) has signed a cooperation agreement with Estelar Airlines based in Caracas, Venezuela.
Under the terms of the agreement, the two airlines will work closely to re-establish daily non-stop service from Miami to Caracas and three flights per week to Maracaibo, with Global Crossing Airbus A320 aircraft.
Currently, direct air service between the US and Venezuela is prohibited under US government and Dept. of Transportation orders.
Global Crossing anticipates that these restrictions will be removed over the next few months.
Accordingly, Global Crossing has retained Mercury LLC, a public policy firm based in Washington DC to assist with consultations with the US government and to ensure compliance with all applicable government restrictions.
“We look forward to working with the owners and management of Estelar, in accordance with all regulatory and governmental regulations, to help them re-establish their services to Miami,” said Ed Wegel, Chair and CEO of Global Crossing.
Global Crossing is a new entrant airline now in FAA certification using the Airbus A320 family aircraft.
Subject to FAA and DOT approvals, Global Crossing intends to fly as an ACMI and wet-lease charter airline serving the US, Caribbean and Latin American markets.
Mercury is a high-stakes, bipartisan public strategy firm.
The firm provides a comprehensive suite of services that includes federal government relations, international affairs, digital influence, public opinion research, media strategy and a bipartisan grassroots mobilization network in all 50 states.
Global Crossing Airlines (JET) is down 0.86 per cent and is trading at C$2.30 at 12:26 pm EST.
