Global Crossing Airlines Reports Strong Q1 2026 Earnings Growth
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Global Crossing Airlines (TSE:JET) reported a 15% year-over-year revenue increase to $76.6 million for Q1 2026, with GAAP net income rising to $2.7 million and EBITDA doubling to $10.8 million. The airline expanded its Airbus fleet and maintained liquidity at about $20 million. Spark's AI Analyst rates JET as Neutral, citing strong cash generation but significant balance-sheet risks. Global Crossing Airlines focuses on ACMI and charter services across various regions, with a current market cap of C$69.11M.
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