Global Crossing Airlines Group (OTCMKTS:JETMF) Posts Earnings Results

Global Crossing Airlines Group (OTCMKTS:JETMF) issued its quarterly earnings data on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $60.30 million for the quarter.

Global Crossing Airlines Group Price Performance

Shares of OTCMKTS:JETMF remained flat at $0.49 during trading on Friday. The stock had a trading volume of 127,081 shares, compared to its average volume of 51,754. Global Crossing Airlines Group has a 12-month low of $0.47 and a 12-month high of $0.87. The company has a 50 day moving average of $0.58 and a two-hundred day moving average of $0.63. The company has a market cap of $32.17 million, a P/E ratio of -9.84 and a beta of 0.67.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.

The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.