MIAMI, FL., Feb 17, 2021 – Global Crossing Airlines Group Inc. (TSXV: JET) (OTCQB: JETMF) (the "Company" or "GlobalX") is pleased to announce that it has signed a cooperation agreement with Estelar Airlines based in Caracas, Venezuela (the "Agreement"). 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 GlobalX Airbus A320 aircraft.

Currently, direct air service between the US and Venezuela is prohibited under US government and Dept. of Transportation orders. GlobalX anticipates that these restrictions will be removed over the next few months. Accordingly, GlobalX 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 GlobalX.