Global Crossing Airlines

What Global Crossing Airlines does

Global Crossing Airlines, doing business as GlobalX Air, is a US Part 121 flag and supplemental carrier operating a narrowbody fleet of Airbus A319, A320, A321, and A321F aircraft. Founded in 2019 and headquartered at Miami International Airport, the airline is publicly traded on OTC markets under ticker JETMF. GlobalX holds IOSA certification from IATA and TCO authorizations for Europe and the United Kingdom, and operates passenger and cargo services across the United States, Caribbean, Europe, Latin America, and Canada. Headcount is reported in the 501-1,000 range.

The company's revenue model is built on three streams: ACMI/wet-leasing, passenger charter, and cargo charter. ACMI revenue is recurring and contract-based, exemplified by a long-term wet-lease with Caribbean carrier Sunrise Airways for two dedicated A320s (announced October 2025) and Apple's leisure charter program via Apple Leisure Group. Passenger charter serves sports teams (e.g., England World Cup squad, Columbia Women's Basketball), leisure operators, and ad hoc group travel on a per-flight basis. Government work is the most material revenue pillar: a five-year subcontract with CSI Aviation for U.S. Immigration and Customs Enforcement deportation flights is expected to generate approximately $65 million in annualized revenue, and GlobalX flew 74%+ of ICE Air deportation flights in 2024; the company also operates military charter flights under the Department of Defense's Civil Reserve Air Fleet program. In March 2026 the company suspended two A321 freighters amid cargo-segment losses, signaling a strategic pivot away from cargo toward core ACMI and passenger charter.

In FY2025 GlobalX reported revenue of $246.3 million (up 10% year-over-year), EBITDA of $20.9 million (more than quadrupling), first-ever positive operating income of $8.9 million, and operating cash flow up 247% to $28.1 million. The technical platform centers on a uniform Airbus A320 family fleet, which simplifies maintenance and crew training, augmented by Airbus's Skywise Health Monitoring system implemented in April 2024 for predictive maintenance. Pricing is quote-based and not publicly disclosed across charter, ACMI, and government channels. Customer segments span U.S. government agencies, regional airlines, professional and collegiate sports teams, and leisure travel operators, with sales conducted primarily through direct enterprise sales and contract channels rather than consumer marketing.

Name

Global Crossing Airlines

Legal name

Global Crossing Airlines Group, Inc.

Website

https://globalairlinesgroup.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Global Crossing Airlines (GlobalX Air) is a Miami-based US Part 121 charter and ACMI carrier operating an Airbus A320 family fleet for passenger charter, cargo, and government contracts across the Americas, Caribbean, and Europe.

Ownership category

akta.pro rank

Product category

Charter Airline Services

NAICS

Nonscheduled Air Transportation (48121), Nonscheduled Chartered Passenger Air Transportation (481211), Nonscheduled Chartered Freight Air Transportation (481212), Scheduled Air Transportation (48111)

SIC

Air Transportation, Nonscheduled (4522), Air Transportation, Scheduled (4512)

akta.pro primary industry

Hybrid Passenger + Belly Cargo Regional Operators (THABACAO)

Keywords

• Charter airline services
• ACMI wet leasing
• Passenger charter flights
• Cargo charter services
• Narrowbody aircraft operations

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. ACMI Services: Wet-leasing and dry-leasing of Airbus A320 family aircraft with crew, maintenance, and insurance to other airlines. Revenue is recurring based on aircraft availability and utilization contracts.
2. Passenger Charter: Charter flights for sports teams, government agencies, and leisure travel groups including Apple Vacations. Revenue generated per flight or block hour basis.
3. Cargo Charter: Cargo transport services using Airbus A321F freighters for domestic and international routes.
4. Government Contracts - ICE: Five-year contract as subcontractor to CSI Aviation for ICE Air deportation flights, generating approximately $65 million in annualized revenue. Conducted over 74% of ICE deportation flights in 2024.
5. Department of Defense Contracts: Military charter flights for the U.S. Department of Defense under CRAF (Civil Reserve Air Fleet) program.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Global Crossing Airlines (dba GlobalX Air) is a US 121 charter airline operating Airbus A320 family aircraft (A319, A320, A321, A321F) to provide ACMI/wet-lease services, passenger charter flights, and cargo charter services. The carrier serves government agencies (ICE, DoD), professional and collegiate sports teams, regional airlines, and leisure travel operators across the US, Caribbean, Europe, and Latin America under IOSA-certified operations.

Product overview

GlobalX Air is a US domestic flag and supplemental airline operating the Airbus A320 family of aircraft. The company offers a unified portfolio of aviation services centered on ACMI (Aircraft, Crew, Maintenance, Insurance) contracts and charter flights for both passengers and cargo. The fleet consists of Airbus A320, A321, A321F, and A319 aircraft serving routes throughout the US, Caribbean, Europe, and Latin America. Services include dedicated passenger charter (for sports teams, government, and leisure groups), cargo charter (including A321 freighter operations), and wet-leasing arrangements with regional carriers. The airline also participates in government contracts including ICE deportation flights and Department of Defense airlift services.

Differentiator

Problem solved

Functional benefit

Products and services

• GlobalX Air ACMI Services
• GlobalX Air Passenger Charter
• GlobalX Air Cargo Charter Cargo transportation services including Airbus A321F freighter operations for freight forwarders, logistics companies, and government customers serving the Caribbean, Central America, and beyond.
• Apple Vacations Charter Program Dedicated leisure charter program operated for Apple Leisure Group / Apple Vacations providing vacation-package flights to resort destinations for leisure travelers.

Quantifiable outcome

• Revenue growth of 10% year-over-year to $246.3 million in FY 2025
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Sunrise AirwayscoreChannel Partner/ Reseller/ Distributor · 15 October 2025Long-term wet-leasing agreement providing two dedicated Airbus A320 aircraft to Sunrise Airways, a Caribbean regional airline, starting November 2025. Supports Sunrise's network expansion across the Caribbean and the Americas with plans to operate 18 aircraft by end of 2025.
• ATB Aviation AustraliaminorStrategic or Co-development Partner · 12 December 2024Joint venture partnership with ATB Aviation Australia for aviation services collaboration.
• CSI AviationcoreChannel Partner/ Reseller/ DistributorCSI Aviation is the prime contractor for ICE Air deportation flights, with GlobalX serving as a subcontractor under a five-year government contract expected to generate approximately $65 million in annualized revenue.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Amerijet International: Miami-headquartered cargo airline operating Boeing 767 freighters across the Caribbean and Americas. Competes with GlobalX in the Caribbean/Latin America cargo charter segment that GlobalX has now partly exited.

Emerging players

• Hi Fly: Portugal-based ACMI and wet-lease specialist operating Airbus A320/A330/A340 aircraft for airlines and governments globally. Comparable to GlobalX in ACMI model and Airbus A320 family fleet, primarily serving European/African markets.
• JSX: U.S. regional semi-private airline operating Embraer ERJ-135/145 aircraft on public-charter routes. Comparable as a nimble U.S. carrier exploiting regulatory arbitrage (Part 135) for premium leisure/business travelers.
• SmartLynx Airlines: Latvia-based ACMI/wet-lease operator flying Airbus A320 family aircraft globally for airlines and charter customers. Closest European equivalent to GlobalX's narrowbody ACMI model.

Direct peers

• Sun Country Airlines: U.S. airline operating Boeing 737 freighters and passenger charter/ACMI for the U.S. military and other customers via its charter segment. Competes with GlobalX for government charter and ACMI contracts.
• World Atlantic Airways: U.S. Part 121 charter and ACMI carrier based in Miami offering passenger and cargo charter services. Direct competitor in Caribbean, Latin American, and government charter markets.
• National Airlines: U.S.-based charter and cargo operator flying passenger and freight services on a fleet of Boeing 757/767 aircraft. Comparable as a U.S. Part 121 supplemental charter operator serving government and commercial customers.
• iAero Airways: U.S. Part 121 charter and ACMI operator flying a similar narrowbody fleet for sports, government, and leisure customers. Closest direct competitor to GlobalX in U.S. narrowbody ACMI.

Broad incumbents

• Breeze Airways: U.S. domestic narrowbody operator (Airbus A220/Embraer E-jets) that started with charter/ACMI roots. While primarily a scheduled point-to-point carrier, Breeze shares GlobalX's customer-overlap with regional/leisure travelers and competes for narrowbody crews.
• Atlas Air Worldwide: Largest ACMI/cargo operator globally, with a Boeing 747/777/767 fleet serving airlines, the U.S. military, and freight customers. A much larger incumbent competing with GlobalX for government and ACMI mandates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/globalxair
• LinkedInlinkedin.com/company/global-crossing-airlines

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Global Crossing Airlines