MIAMI, FLORIDA, July 15, 2021 – Global Crossing Airlines Group Inc. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce the signing of an operating lease for its fourth passenger aircraft, an Airbus A320-214 (“the Aircraft”).

The Aircraft, the first from Irish-based lessor Genesis, is expected to be delivered to GlobalX in October 2021. The Aircraft will join the fleet after receipt of final DOT and FAA approvals.

GlobalX continues the development of its A320 passenger and A321 passenger and cargo aircraft fleet plans. GlobalX recently completed all of its FAA requirements for its certification as a US 121 flag, domestic, and supplemental carrier, and is expected to enter passenger service after final DOT requirements are concluded.

“We are delighted to be working with the Genesis team on this operating lease. They are true professionals and will ensure we have a good aircraft to fly. This aircraft will be assigned to our new regional base at Atlantic City, New Jersey, where it will have a full slate of northeast originating charter flights starting soon after delivery,” said Ed Wegel, Chair and CEO of GlobalX. Also reacting to the news, Karl Griffin, CEO of Genesis, stated, “Genesis is delighted to enter into this lease agreement adding GlobalX as a new customer that is at the vanguard of new entrants to the charter market in North America.”