Global Crossing Airlines Group, Inc. · NEO:JET
Global Crossing Airlines — FY2023 Earnings Presentation
8 slides from Global Crossing Airlines's earnings presentation, Mar 7, 2024
Slide 1: 2023 Financial Results
2023 FINANCIAL RESULTS | MARCH 6, 2024 TO BECOME AMERICA’S LARGEST CHARTER AIRLINE SETTING THE INDUSTRY HIGH MARK FOR ON-TIME PERFORMANCE, RELIABILITY AND PROFITABILITY. Exhibit 99.2
Slide 2: Disclaimer
This presentation was prepared by Global Crossing Airlines Group Inc. (the “Company”) 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 for any decision, contract
Slide 3: Q4 2023 Results
OTCQB: JETMF | JET: CBOE CA | JET.B: CBOE CA Revenue (USD) The Company continued its investment in pilot hiring and training, having spent approximately $7.0 million in the fourth quarter Q4 2023 Results $11.4 Million ($0.4) Million $53.5 Million Q4 EBITDAR Q4 EBITDA Earnings Before Interest, Taxes,
Slide 4: 2023 Highlights & Financial Results
2023 HIGHLIGHTS & FINANCIAL RESULTS REVENUES - $160.1 MILLION 64.9% increase over 2022 EBITDAR – Four fold increase $20M in 2023 - $11.4M in the fourth quarter OTCQB: JETMF | JET: CBOE CA | JET.B: CBOE CA BLOCK HOURS FLOWN – Doubled Increases 108.5% over 2022 AIRCRAFT UTILIZATION – UP 26.3% Key driv
Slide 5: Flight Block Hours
FLIGHT BLOCK HOURS A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed
Slide 6: Block Hours, Pilot Pool and Aircraft Days
GLOBAL XK Total BLH per/Month ‘Avg BLH per/AC sanyo 2 a0 YON 255 = —— — oe 1,745. 4,788 pace yas auilll I il lll PP eK ol Pe Pilot Pool Net AC Days per/Month a ae ox Yo i ee OPP ee ras & ? © a s PPP POL Peck Acive wfilot Poo h-Training NeCACDays m Gross AC Days
Slide 7: Continual improvement in all financial metrics
OTCQB: JETMF | JET: CBOE CA | JET.B: CBOE CA “GlobalX has grown incredibly fast over the past few years but now it’s time to concentrate on only those things that deliver profitability.” Continual improvement in all financial metrics Scale to the largest 121 narrowbody operator targeting 35 aircraft
Slide 8: Thank You
Thank You OTCQB: JETMF | JET: CBOE CA | JET.B: CBOE CA
Global Crossing Airlines Group — FY2023 Earnings Presentation on 6ix