Business
Global Crossing Airlines Signs with Leading Supplier for Aviation Fuel Credit Facility and Fuel Risk Management Services
Miami, Florida--(Newsfile Corp. - July 17, 2020) - Global Crossing Airlines Inc. ( TSXV: JET )...
About this update from Global Crossing Airlines Group, Inc.
[{"type":"text","content":"Global Crossing Airlines Signs with Leading Supplier for Aviation Fuel Credit Facility and Fuel Risk Management ServicesMiami, Florida--(Newsfile Corp. - July 17, 2020) - Global Crossing Airlines Inc. (TSXV: JET) (the \"Company\" or \"GlobalX\") has signed a $1 million credit line facility (the \"Facility\") with AEG Fuels (\"AEG\"), a Miami based supplier of fuel management and pumping capabilities at over 3000 airports worldwide. AEG has been in fuel services business for over 30 years and works with over 2500 customers worldwide. Ryan Goepel, CFO of GlobalX, stated, \"We are very pleased to be working with AEG as we continue through our certification which will include fuel management for our proving run flights, and then as we commence scheduled charter services throughout North and South America.\"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 fly as an ACMI and wet lease charter airline serving the US, Caribbean and Latin American markets.For more information please visit https://www.globalairlinesgroup.com/ For more information, please contact:Mark Tender, Head- Corp. Communications & Investor RelationsEmail: [email protected] 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 the Company's intention to fly as an ACMI and wet lease charter airline, the destinations of its intended charter flights, the completion of the certification process and the details of the fuel management arrangement.In certain cases, forward-looking information can be identified by the use of words such as \"plans\", \"expects\" \"budget\", \"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \" or variations of such words and phrases or statements that certain actions, events or results \"may\", \"could\", \"would\", \"might\" or \"will be taken\", \"occur\" or \"be achieved\" suggesting future outcome...