Global Crossing Airlines Group Inc. (NEO: JET)

Canada flag Canada · Delayed Price · Currency is CAD
0.610
-0.020 (-3.17%)
Dec 20, 2024, 3:50 PM EST
-26.51%
Market Cap 36.95M
Revenue (ttm) 294.15M
Net Income (ttm) -18.33M
Shares Out 27.31M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,171
Open 0.630
Previous Close 0.630
Day's Range 0.610 - 0.630
52-Week Range 0.570 - 1.010
Beta 0.61
Analysts n/a
Price Target n/a
Earnings Date Mar 7, 2025

About NEO: JET

Global Crossing Airlines Group Inc. operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services. The company also leases office space; operates its ticket counters; and maintains a maintenance office for its maint... [Read more]

Industry Airlines
Sector Industrials
Employees 625
Stock Exchange Cboe Canada
Ticker Symbol JET
Full Company Profile

Financial Performance

In 2023, JET's revenue was $160.12 million, an increase of 64.89% compared to the previous year's $97.11 million. Losses were -$21.01 million, 32.8% more than in 2022.

Financial numbers in USD Financial Statements

News

Future for upstart airlines looks bleak after Canada Jetlines suspends operations

Experts say there’s not much room for additional players in the airline industry outside a few niche operators

4 months ago - Financial Post

‘A further nail in that coffin’: Canada Jetlines halts operations as more turmoil hits airline sector

Leisure airline says it has been unable to raise the financing it needs to continue flying and plans to file for creditor protection

4 months ago - Financial Post

Canada Jetlines grounds all flights, plans to file for creditor protection

Canada Jetlines is grounding all flights and says it is temporarily ceasing airline operations, effective immediately.

4 months ago - CBC News

Canada Jetlines CEO, execs resign as airline’s future in doubt

The head of Canada Jetlines Ltd. and three other executives are stepping down from the company amid serious financial problems that put its future in doubt.

4 months ago - BNN Bloomberg

Canada Jetlines CEO, executives resign as serious financial problems put future in doubt

Airline says it will need to raise more capital to continue operations

4 months ago - Financial Post