Global Crossing Airlines Group INC. (JETMF) — SEC Filings

Overview

Global Crossing Airlines Group INC. (JETMF) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 6, 2025: Global Crossing Airlines Group Inc. (JETMF) reported a significant increase in revenue for the nine months ended September 30, 2025, reaching $186.004 million, up from $163.817 million in the prior year, a 13.5% increase. Despite this revenue growth, the company posted a net loss of $812,000 for the

Sentiment Summary

Across 28 filings, the sentiment breakdown is: 24 neutral, 4 mixed. The dominant filing sentiment for Global Crossing Airlines Group INC. is neutral.

Filing Type Overview

Global Crossing Airlines Group INC. (JETMF) has filed 9 8-K, 6 10-Q, 1 DEFA14A, 4 S-1/A, 2 10-K, 1 SC 13D, 1 DEF 14A, 3 SC 13G/A, 1 8-K/A with the SEC between Feb 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (28)

• 8-K Filing — 8-K · Dec 12, 2025
• 8-K Filing — 8-K · Nov 12, 2025
• GlobalX Narrows Losses Amid Revenue Surge, Faces Going Concern Doubt — 10-Q · Nov 6, 2025 Risk: high
  Global Crossing Airlines Group Inc. (JETMF) reported a significant increase in revenue for the nine months ended September 30, 2025, reaching $186.004 million,
• Global Crossing Airlines Files Proxy Materials — DEFA14A · Oct 28, 2025 Risk: low
  Global Crossing Airlines Group Inc. filed a Definitive Additional Materials proxy statement on October 28, 2025. This filing is related to the company's proxy m
• 8-K Filing — 8-K · Aug 15, 2025
• GlobalX Soars to Profitability, But Going Concern Doubts Linger — 10-Q · Aug 14, 2025 Risk: high
  Global Crossing Airlines Group Inc. (JETMF) reported a significant turnaround in profitability for the six months ended June 30, 2025, achieving a net income of
• Global Crossing Airlines Soars Revenue 55%, Still Grounded by Losses — S-1/A · Jul 23, 2025 Risk: high
  Global Crossing Airlines Group Inc. (JETMF) reported a significant increase in revenue, reaching $138.8 million for the year ended December 31, 2023, up from $8
• Global Crossing Airlines Group Inc. Enters Material Definitive Agreement — 8-K · Jul 16, 2025 Risk: medium
  On July 9, 2025, Global Crossing Airlines Group Inc. entered into a material definitive agreement related to a direct financial obligation. The company, incorpo
• Global Crossing Airlines Group Inc. Files 8-K — 8-K · May 9, 2025 Risk: low
  Global Crossing Airlines Group Inc. filed an 8-K on May 9, 2025, reporting other events and financial statements and exhibits as of May 5, 2025. The filing deta
• Global Crossing Airlines Group Inc. Files Q1 2025 10-Q — 10-Q · May 8, 2025 Risk: medium
  Global Crossing Airlines Group Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates, inclu
• Global Crossing Airlines Group Inc. Files 2024 10-K — 10-K · Mar 6, 2025 Risk: medium
  Global Crossing Airlines Group Inc. filed its 2024 10-K on March 6, 2025, reporting on its fiscal year ending December 31, 2024. The company, operating in sched
• Global Crossing Airlines Group Inc. Board and Officer Changes — 8-K · Dec 11, 2024 Risk: medium
  Global Crossing Airlines Group Inc. announced on December 10, 2024, a change in its board of directors, with the election of new directors and the appointment o
• Global Crossing Airlines Group Inc. Announces Director Changes and Shareholder Vote — 8-K · Nov 25, 2024 Risk: medium
  Global Crossing Airlines Group Inc. announced on November 22, 2024, several key events including the departure of a director, the election of a new director, an
• Global Crossing Airlines Group Inc. Files Q3 2024 10-Q — 10-Q · Nov 7, 2024 Risk: medium
  Global Crossing Airlines Group Inc. filed its 10-Q for the period ending September 30, 2024. The company reported on its financial performance and operational a
• Global Crossing Airlines Group Inc. Files S-1/A Amendment — S-1/A · Nov 5, 2024 Risk: medium
  Global Crossing Airlines Group Inc. filed an S-1/A amendment on November 5, 2024, detailing its financial operations and corporate structure. The filing referen
• Red Oak Partners Discloses Stake in Global Crossing Airlines — SC 13D · Oct 21, 2024 Risk: medium
  On October 21, 2024, Red Oak Partners, LLC, along with its group members David Sandberg and Red Oak Fund, LP, filed a Schedule 13D. This filing indicates they c
• Global Crossing Airlines Files 2024 Proxy Statement — DEF 14A · Oct 8, 2024 Risk: low
  Global Crossing Airlines Group Inc. filed a definitive proxy statement (DEF 14A) on October 8, 2024, for the fiscal year ending December 31, 2024. The filing pe
• Global Crossing Airlines Files Q2 2024 10-Q — 10-Q · Aug 14, 2024 Risk: medium
  Global Crossing Airlines Group Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational activities, inc
• Global Crossing Airlines Group Inc. Files S-1/A — S-1/A · Jun 25, 2024 Risk: medium
  Global Crossing Airlines Group Inc. filed an S-1/A on June 25, 2024. The filing details financial information and business operations, including references to a
• Global Crossing Airlines Group Inc. Files 10-Q for Period Ending March 31, 2024 — 10-Q · May 7, 2024 Risk: medium
  Global Crossing Airlines Group Inc. (JETMF) filed a Quarterly Report (10-Q) with the SEC on May 7, 2024. Global Crossing Airlines Group Inc. filed a 10-Q report
• SC 13G/A Filing — SC 13G/A · Apr 16, 2024
• Global Crossing Airlines Group Inc. Files S-1/A Amendment — S-1/A · Apr 15, 2024 Risk: medium
  Global Crossing Airlines Group Inc. (JETMF) filed a Amended IPO Registration (S-1/A) with the SEC on April 15, 2024. Global Crossing Airlines Group Inc. filed a
• Global Crossing Airlines Group Inc. Files 8-K/A Amendment — 8-K/A · Mar 13, 2024 Risk: medium
  Global Crossing Airlines Group Inc. filed an amendment (8-K/A) on March 13, 2024, to its report originally dated February 5, 2024. This amendment pertains to th
• Global Crossing Airlines Group Inc. Files 8-K — 8-K · Mar 7, 2024 Risk: low
  Global Crossing Airlines Group Inc. filed an 8-K on March 7, 2024, reporting on its results of operations and financial condition as of March 6, 2024. The filin
• Global Crossing Airlines Group Inc. Files 2023 Annual Report — 10-K · Mar 7, 2024 Risk: medium
  Global Crossing Airlines Group Inc. (JETMF) filed a Annual Report (10-K) with the SEC on March 7, 2024. Filed 10-K for the fiscal year ending December 31, 2023.
• SC 13G/A Filing — SC 13G/A · Feb 15, 2024
• SC 13G/A Filing — SC 13G/A · Feb 14, 2024
• Global Crossing Airlines Files 8-K; Signals Potential Leadership/Comp Changes — 8-K · Feb 7, 2024
  Global Crossing Airlines Group Inc. filed an 8-K on February 7, 2024, reporting an event that occurred on February 5, 2024. This filing indicates that the compa

Risk Profile

Risk Assessment: Of JETMF's 21 recent filings, 3 were flagged as high-risk, 14 as medium-risk, and 4 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Global Crossing Airlines Group INC.'s most recent 10-Q filing (Nov 6, 2025):

• Revenue: $186.004M
• Net Income: -$812K
• Cash Position: $7.055M

Key Executives

• David Sandberg

Industry Context

The airline industry is capital-intensive and subject to significant cyclicality and economic sensitivity. Global Crossing Airlines Group Inc. operates within this environment, facing competition from larger carriers and the need for efficient fleet management and route optimization. Fuel price volatility and regulatory compliance are also key industry challenges.

Top Tags

financials (6) · 10-Q (5) · corporate-governance (5) · SEC Filing (4) · Airline Industry (3) · airline (3) · sec-filing (3) · Global Crossing Airlines (3) · Going Concern (2) · Revenue Growth (2)

Key Numbers

• Revenue for nine months ended Sept 30, 2025: $186.004M — Increased from $163.817 million in 2024, a 13.5% increase.
• Net Loss for nine months ended Sept 30, 2025: $812K — Significantly improved from a $10.983 million net loss in 2024.
• Working Capital Deficit as of Sept 30, 2025: $54.0M — Indicates a severe liquidity issue and contributes to going concern doubt.
• Retained Deficit as of Sept 30, 2025: $71.8M — Highlights accumulated losses and contributes to going concern doubt.
• Cash and cash equivalents as of Sept 30, 2025: $7.055M — Decreased from $12.345 million at December 31, 2024, indicating cash burn.
• Net Loss for three months ended Sept 30, 2025: $1.955M — Improved from a $4.889 million net loss in the same period of 2024.
• Revenue for three months ended Sept 30, 2025: $58.022M — Increased from $52.436 million in the same period of 2024.
• Operating Income for nine months ended Sept 30, 2025: $7.421M — Improved from an operating loss of $4.580 million in the same period of 2024.
• Total shares outstanding as of November 5, 2025: 65,387,229 — Includes common, Class A Non-Voting, and Class B Non-Voting shares.
• Interest Expense for three months ended Sept 30, 2025: $2,990 — Increased from $2,385 in the same period of 2024.
• Revenue: $127.982M — Increased from $111.380M in H1 2024, a 14.9% increase.
• Net Income: $1.143M — Shifted from a net loss of $6.094M in H1 2024.
• Operating Income: $6.387M — Improved from an operating loss of $2.076M in H1 2024.
• Working Capital Deficit: $46.0M — As of June 30, 2025, indicating liquidity challenges.
• Retained Deficit: $69.8M — As of June 30, 2025, highlighting accumulated losses.

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Frequently Asked Questions