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Global Crossing Airlines Signs for First Airbus A320 Passenger Aircraft and Moves into Phase 3 of Its FAA 121 Certification
Miami, Florida--(Newsfile Corp. - November 17, 2020) - Global Crossing Airlines Inc. ( TSXV:...

About this update from Global Crossing Airlines Group, Inc.
[{"type":"text","content":"Global Crossing Airlines Signs for First Airbus A320 Passenger Aircraft and Moves into Phase 3 of Its FAA 121 CertificationMiami, Florida--(Newsfile Corp. - November 17, 2020) - Global Crossing Airlines Inc. (TSXV: JET) (the \"Company\" or \"GlobalX\") pleased to announce the signing of a letter of intent and payment of the initial deposit for its first A320-200 (the \"Aircraft\"), under an operating lease to be concluded with Dubai Aerospace Enterprises (\"DAE\").The Aircraft, a 2005 year build previously operated by a major US airline, is expected to be delivered to GlobalX in late December, 2020. Delivery will occur after signing of the definitive lease agreement and the painting of the Aircraft in GlobalX colors. The slot for the painting has been reserved at IAC in Lake City, Florida. The Aircraft was specifically selected by GlobalX to initiate scheduled charter services to Latin America, subject to all governmental approvals, and was previously operated by a US airline under N registration, which allows for a more efficient and timely entry into service.GlobalX continues the development of its A320 passenger and A321 passenger and cargo aircraft fleet plans, as it continues its progress in Phase 3 of its certification as a US scheduled flag carrier. This phase primarily involves verification of all Operations and Maintenance systems by the FAA and the beginning of the training for all pilots, flights attendants, dispatchers and mechanics. About Global Crossing AirlinesGlobalX is a new entrant airline now in FAA certification using the Airbus A320 family aircraft. Subject to FAA and DOT approvals, GlobalX intends to initially fly as an ACMI and wet lease charter airline serving the US, Caribbean and Latin American markets.For more information please visit https://www.globalxair.com.For more information, please contact:Ryan GoepelEVP and Chief Financial [email protected]: 786-751-8503orJeff WalkerVice PresidentThe Howard Group Inc.Email: [email protected]: 403.221-0915Toll Free: 1-888-221-0915Cautionary Note Regarding Forward-Looking InformationThis news release contains \"forward-looking information\" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to...