Global Crossing Airlines Group (JET) Investor presentation summary

Company overview and milestones

• Recognized as the fastest growing charter airline, with a strong foundation in on-time performance and reliability.

• Achieved significant milestones since 2020, including fleet expansion from 2 to 18 aircraft and certifications from major aviation authorities.

• Leadership changes in 2024 with new executive chairman and president, supporting further growth.

Industry and business model

• Operates in a $10B U.S. charter market, with $5.8B in cargo and $3.9B in passenger segments.

• Utilizes an ACMI model, passing fuel and demand risk to customers, and a charter model with fixed fees covering operational expenses.

• Focuses on used, moderate-cost aircraft for efficiency and cost control.

Growth, operations, and strategy

• Revenue grew at a 77% five-year CAGR, reaching $223.8M in 2024 and targeting $246.3M in 2025.

• Strategic bases in Miami, Alexandria, and Harlingen enable rapid response and cost-effective operations, covering most U.S. airports within 3 hours.

• Operated flights to over 65 countries and 450 cities since 2021.

• On track to expand fleet to over 20 aircraft by end of 2026, with a focus on high-margin ACMI business and government contracts.