Global Crossing Airlines Adds Second A321 Freighter To Its Certificate And Signs Lease For 11th A320 Passenger Aircraft

MIAMI, June 20, 2023 — Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) has taken delivery of its second A321 freighter and has placed it on the GlobalX operating certificate as of June 16. The Aircraft was converted under the Precision STC and leased from Greenwich Highland Aviation. It will serve GlobalX clients operating out of Miami into Latin America and the Caribbean.

“We are very pleased to start operating our second A321 freighter. Our first freighter has been operating 6 days per week with a 99.5% dispatch reliability, and our customers are seeing first-hand the economics and operating performance of the A321 freighter, which make it the best in class narrowbody cargo aircraft,” said Ed Wegel, Chair and CEO of GlobalX. “We expect to make an announcement soon for two additional A321 freighters scheduled to be delivered this year in Q3, along with two more freighters scheduled for delivery in Q4.”

Mr. Wegel continued: “We have also signed the lease for our 11^th passenger aircraft and we expect delivery of this ex-Alaska aircraft, a sister ship to 4 of our current aircraft with installed Wi-Fi, in late July.”