Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce the signing of a second operating lease of an Airbus A321 aircraft from a Greenwich Highland Aviation, LLC (“GHA”) managed entity (the “Aircraft”), for use in its Passenger-to-Freighter (“P2F”) program.

GHA arranged the acquisition of the Aircraft (MSN 1953), which will commence conversion in July 2022, and will enter service with GlobalX by Jan 2023.

“We are delighted to sign our second lease from our original agreement for four A321 freighters with Greenwich Highland Aviation. Our first A321F from GHA is expected to deliver in September 2022, and we look forward to receiving the second freighter by the end of 2022. Our XCargo™ division is moving forward quickly, with our first A321F dedicated to fly for Avianca,” said Ed Wegel, Chair and CEO of GlobalX.

“We are proud to be supplying GlobalX with additional A321P2F freighter aircraft as they develop their fleet and cargo operations,” said Stuart Peebles, Principal of Greenwich Highland Aviation.