UPDATE: Global Crossing Provide – GuruFocus.com
MIAMI, May 12, 2022 (GLOBE NEWSWIRE) — Global Crossing Airlines Group Inc. ( JET: NEO; JET.B: NEO; JETMF: OTCQB ) (the ” Company ” Where ” GlobalX ”) is pleased to announce that it intends to report first quarter 2022 results after market close on Monday, May 16e and will host a Zoom webinar to provide a business update and discuss Q1 the following day.
When: May 17, 2022 2:00 p.m. EST (US and Canada)
Subject: Global Crossing Corporate First Quarter Update
Register in advance for this webinar:
After registering, you will receive a confirmation email with information about joining the webinar.
About Global Crossing Airlines
GlobalX is a US national flag 121 and additional airline operating Airbus A320 family aircraft. GlobalX flies as an ACMI and charter airline serving the United States, Caribbean and Latin American markets. For more information, visit www.globalxair.com.
For more information please contact:
Ryan Goepel, Chief Financial Officer
E-mail: [email protected]
Caution Regarding Forward-Looking Information
This press release contains “forward-looking information” regarding anticipated developments and events that may occur in the future. Forward-looking information in this press release includes, but is not limited to, statements regarding the size of the company’s aircraft fleet and the destinations the company intends to serve.
In some cases, forward-looking information can be identified by the use of words such as “plans”, “expects”, “budget”, “expected”, “estimates”, “anticipates”, “intends”, ” anticipates” or variations of such words and phrases or statements that certain actions, events or results “could”, “could”, “would”, “could” or “will be taken”, “occur” or “will be achieved” suggesting future results, other expectations, beliefs, plans, objectives, assumptions, intentions or statements regarding future events or performance. The forward-looking information contained in this press release is based on certain factors and assumptions regarding, among other things, the receipt of funding to continue flight operations; the accuracy, reliability and success of GlobalX’s business model; the timely receipt of government approvals; the success of GlobalX’s flight operations; the legislative and regulatory environments of the jurisdictions where GlobalX will operate or conduct business; the Company has or will have a sufficient number of aircraft to provide the service; the impact of competition and the competitive response to GlobalX’s business strategy; and aircraft availability. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. These factors include risks relating to the ability to obtain financing on acceptable terms, the impact of general economic conditions, risks relating to supply chain disruptions, failure to retain or obtain sufficient aircraft, domestic and international airline industry conditions, lower than expected passenger demand, the impact of global uncertainty created by COVID-19, future shareholder relations, fuel price volatility , increased operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, management’s ability to implement GlobalX’s operating strategy, the ability to attract qualified management and personnel, labor disputes, regulatory risks, including risks related to the acquisition of s necessary licenses and permits; and the additional risks identified in the “Risk Factors” section of the reports and documents filed by the Company with the applicable Canadian securities authorities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or expected. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this press release. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update any forward-looking information.