Global Crossing Airlines Group, Inc. · NEO:JET
Global Crossing Airlines — Q4 2025 Earnings Presentation
24 slides from Global Crossing Airlines's earnings presentation, Mar 5, 2026
Slide 1: The Nation’s Fastest Growing Charter Airline
The Nation’s Fastest Growing Charter Airline ® March 2026 | OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B
Slide 2: Disclaimer
Disclaimer This presentation was prepared by Global Crossing Airlines Group Inc. (the “Company” or “GlobalX”) as a general presentation aimed solely at providing information about the Company, its operations and financial results. You should not rely upon it or use it to form the definitive basis fo
Slide 3: Company Overview
Company Overview GlobalX is The Nation’s Fastest Growing Charter Airline® – setting the industry standard for on-time performance and reliability. Since our inception, we have consistently proven the strength of our charter platform, the resilience of our business model, the ability to grow demand i
Slide 4: GlobalX Milestones
Company Overview GlobalX Milestones OTCQB: OTCQB: JETMF, JETMF, Cboe Cboe CA: CA: JET, Cboe CA: JET.B 4 JET, Cboe CA: JET.B
Slide 5: Market Size/Data
Industry Overview Market Size/Data Fastest growing charter carrier in the nation, with long-term upside potential within a growing $10B Market *Source: IBISWorld **Source: www.gmiinsights.com OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B 5
Slide 6: Our Place in the Industry
Company Overview Our Place in the Industry Aircraft Crew Maintenance Insurance Scheduled Carrier (i.e. Delta) V/S ACMI Operator (GlobalX) Arranges for flights Fly after the before finding passengers have passengers been arranged Ticket Risk Loss incurred by vacant seats 1 passenger as profitable as
Slide 7: ACMI Business vs All-In Charter Business
Company Overview ACMI (Aircraft, Crew, Maintenance, and Insurance) Business vs All - In Charter Business ACMI Business Charter Business GlobalX Provides Outsourced Cargo and Passenger Aircraft, Crew, GlobalX Provides Outsourced Passenger and Cargo aircraft. Maintenance and Insurance. Customer Pays a
Slide 8: Rapid Growth of Air Fleet
Growth & Value Creation Rapid Growth of Air Fleet 20+ 18 19 Revenue 77% 5-Year CAGR $246.3M 14 $223.8M 8 $160.1M 1 $97.3M Targeted Fleet Expansion By End of 2026 $14.3M 2021 2022 2023 2024 2025 2026 OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B 8
Slide 9: Strategic Bases: Enhancing Efficiency & Market Reach
Our Operations Strategic Bases: Enhancing Efficiency & Market Reach ▪ Geographically dispersed operating bases, driven by anchor client contracts, allow us to operate a more cost effective, flexible, and reactive operation. ▪ The optimal distance for winning charter business is to quote aircraft rep
Slide 10: Where We Fly
Our Operations Where We Fly Since 2021, we have operated flights to 65+ Countries and 450+ Cities. Countries Visited OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B 10
Slide 11: Financials
Financials OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B 11
Slide 12: Q4 2025 Revenue of $60.3M, EBITDAR of $19.0M, EBITDA of $5.3M
Financials Q4 2025 Revenue of $60.3M, EBITDAR of $19.0M, EBITDA of $5.3M Q4 2025 Results 8,053 554 Block Hours Aircraft Utilization (Block Hours per Aircraft) $60.3M $19.0M Revenue EBITDAR* $20.5M 18 Aircraft Cash & Restricted Cash Fleet Size $18.6M Cash Flow From Operations *Earnings Before Interes
Slide 13: Q4 2025 KPIs
Q4 2025 KPIs Net Aircraft Available 18.0 16.7 17.1 17.0 15.6 15.9 16.0 EBITDAR 15.0 $ millions 14.3 14.0 13.0 EBITDAR ($ millions) 12.0 25 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 20.6 19.4 20 18.7 18.9 19.8 19.0 Average Utilization Per Aircraft 15 15.4 660 617 10 610 554 5 560 491 510 0 473 471 442
Slide 14: Quarterly Block Hours & Revenue
Financials Quarterly Block Hours & Revenue 10,000 9,843 $100,000 9,000 $90,000 8,065 7,942 8,000 7,745 $80,000 7,460 7,377 7,000 6,502 6,591 $70,000 6,000 $60,000 5,200 4,849 5,000 $50,000 4,000 3,586 $40,000 3,134 3,000 $30,000 2,389 2,000 $20,000 1,000 $10,000 - $- Q4 2022 Q1 2023 Q2 2023 Q3 2023
Slide 15: Multiple Avenues Expected to Drive Growth & Profitability
Growth & Value Creation Multiple Avenues Expected to Drive Growth & Profitability On track to expand fleet to over 20 aircraft by end of 2026 Driving improved utilization through emphasizing high margin ACMI business Currently have 8 aircraft operating on government related contracts since April 202
Slide 16: Investment Highlights
Company Overview Investment Highlights FY 2025 FY $78.3M 2024 The Nation’s Fastest Consistent Results - 5 of $62.8M Growing Charter Airline® the last 6 quarters have FY delivered positive EBITDA. 2023 $20.1M Cash flow from operations improved 80% YoY and New management team committed EBITDA more tha
Slide 17: Capitalization Table
Appendix Capitalization Table Strike Expiry Common 45,221,671 Class A 5,537,313 Class B 11,368,571 Total Outstanding Shares 62,127,555 Warrants 7,537,313 $ 1.50 29-Apr-26 Warrants 10,195,451 $ 1.00 30-Jun-30 RSU's 6,153,037 Fully Diluted Outstanding Shares 86,013,356 As of December 31, 2025 OTCQB: J
Slide 18: Thank you!
Thank you! Corporate Office Investor Relations Contact Global Crossing Airlines Group Sean Mansouri, CFA | Aaron D’Souza 4200 NW 36th Street, Building 5A JET@elevate-ir.com Miami International Airport (720) 330-2829 Miami, FL (786) 751-85500 OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B 18
Slide 19: Appendix
Appendix OTCQB: JETMF, Cboe CA: JET, Cboe CA: JET.B 19
Slide 20: Our Leadership Team
Our Leadership Team Company Overview The architect and operator behind some of the most successful transformations Mr. Jamroz serves as non-Executive Director, and formerly Chairman, of the in logistics. With eight prior successful exits and nearly $10 billion in Board of CMS Info Systems Limited (C
Slide 21: Our Leadership Team
Our Leadership Team Company Overview Mr. Goepel is a seasoned finance and operations executive with over 25 • Kellogg Brown & Root (KBR) years of experience, specializing in leadership roles across a variety of o At KBR, he served as the Controller and Business Unit Finance Leader industries, includ
Slide 22: Our Leadership Team (Cont’d)
Our Leadership Team (Cont’d) Company Overview Wendy Mark Marina Scott David Shapiro Salvador Armas McGovern Dow SVP, Corporate Controller SVP, Marketing and Admin Director, Operations VP, Technical Operations VP, Sales ▪ Over 20 years in Senior ▪ Over 20 years of travel ▪ Over 10 years of pilot ▪ Ov
Slide 23: World Class Board of Directors
Appendix World Class Board of Directors T.Allan McArtor Cordia Harrington Deb Robinson ▪ Former SVP - FedEx ▪ Serves on the boards of Ascent ▪ Board member – Via Rail Canada ▪ Former Administrator FAA Global Logistics, Broadcrest ▪ President/Founder – Bay Street Capital and Belmont University HR, ou
Slide 24: Balance Sheet
Appendix December 31, 2025 December 31, 2024 Balance Sheet Current Assets Cash and cash equivalents Restricted cash $ 16,694 3,809 $ 12,345 1,698 Accounts receivable, net of allowance 6,782 6,678 Prepaid expenses and other current assets 3,529 2,142 Current assets held for sale 405 489 Total Current
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