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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Global Crossing Airlines Group
Global Crossing Airlines Group (JET) investor relations material
Global Crossing Airlines Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Nov, 2026
Executive summary
Record Q3 revenue rose 24% YoY to $71.768M; operating income reached $4.043M and attributable net income was $0.238M versus a $1.959M loss.
EBITDA increased 144% to $10.4M, EBITDAR rose 36% to $25.7M, and operating cash flow was $9.0M versus $0.6M.
Strong passenger demand, greater aircraft availability and a shift toward higher-value domestic flying supported improved revenue per block hour; weak cargo conditions remained a drag.
Financial highlights
Q3 operating expenses rose 19% YoY to $67.725M, driven by higher depreciation and amortization, fuel, maintenance, and contracted ground and aviation services.
Q3 basic and diluted EPS improved to $0.00 from a $0.03 loss; nine-month attributable net income was $1.592M versus a $1.197M loss.
Nine-month revenue was $210.352M versus $186.004M; operating income was $11.516M versus $7.421M.
Nine-month operating cash flow was $16.439M; investing and financing cash outflows were $12.292M and $10.361M, respectively.
Outlook and guidance
Q4 net available aircraft are expected to average 20–21, including three scheduled heavy maintenance events; Q4 results are expected to improve.
Management expects YoY revenue and EBITDA growth in Q4 and into 2027, supported by aircraft entering service in H2 2026 and early 2027; up to five aircraft are targeted for 2027.
Passenger charter demand is expected to remain high through the rest of 2026; passenger charters and long-term customer relationships are priorities.
Additional debt, equity or other financing may be needed for working capital and growth; availability and terms are uncertain.
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Latest events from Global Crossing Airlines Group
- Q3 revenue rose 24% YoY as EBITDA increased 144%, with 25 aircraft targeted by year-end.JET
Corporate presentation - EBITDA rose 17% to $6.9M on 1% revenue growth, with strong passenger demand and fleet modernization.JETQ2 2026
- Rapid fleet growth, strong financials, and global expansion drive continued charter market leadership.JETLytham Partners Spring 2026 Investor Conference
- Revenue up 15% to $76.6M, net income $2.7M, driven by utilization gains and sports charter demand.JETQ1 2026
- Rapid revenue growth, expanding fleet, and strong financials drive industry leadership.JETInvestor presentation
- Fleet expansion, hybrid ownership, and disciplined growth drive profitability in niche charter markets.JETLytham Partners 2026 Industrials & Basic Materials Summit
- Rapid fleet and revenue growth, strong profitability, and strategic ACMI focus drive expansion.JETInvestor presentation
- Record operating profit and cash flow in 2025, driven by strong ACMI and charter growth.JETQ4 2025
- Q3 revenue up 23% to $52.4M, record block hours, ACMI growth, but net loss unchanged.JETQ3 2024
Next Global Crossing Airlines Group earnings date
Q4 20264 Mar, 2027
Global Crossing Airlines Group
Next Global Crossing Airlines Group earnings date
Q4 20264 Mar, 2027
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Frequently asked questions
Global Crossing Airlines Group Inc. is an airline that operates as a charter service provider, specializing in both passenger and cargo transportation. The company focuses on offering air travel solutions for tour operators, sports teams, government agencies, and other private entities. Its services include charter flights, wet-leasing operations (ACMI), and cargo transportation, utilizing a fleet of Airbus aircraft. The company serves domestic and international markets, facilitating air travel needs for diverse sectors including tourism, corporate travel, and logistics. The company is headquartered in Miami, Florida, and its shares are listed on the TSX.