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An announcement from Global Crossing Airlines ( (TSE:JET) ) is now available.
Global Crossing Airlines reported on March 4, 2026 that it achieved its first-ever annual positive operating income in 2025, as revenue rose 10% to $246.3 million and EBITDA nearly quadrupled to $20.9 million, driven by record aircraft utilization and a 17% increase in total block hours. Despite continued net losses, delayed aircraft deliveries and weak cargo markets, the charter-focused carrier strengthened liquidity to $20.5 million in cash, grew its fleet, secured new sports, concert and government contracts, and signed leases for additional A320s, supporting its turnaround strategy and positioning it for further growth in 2026 and beyond.
The most recent analyst rating on (TSE:JET) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Global Crossing Airlines stock, see the TSE:JET Stock Forecast page.
Spark’s Take on TSE:JET Stock
According to Spark, TipRanks’ AI Analyst, TSE:JET is a Neutral.
The score is primarily driven by improving operating performance and cash generation, but is materially constrained by balance-sheet risk (high debt with negative equity) and continued net losses (negative P/E). Technical signals add additional caution due to extreme/flat indicator readings and lack of trend confirmation.
To see Spark’s full report on TSE:JET stock, click here.
More about Global Crossing Airlines
Global Crossing Airlines Group, Inc., which operates as GlobalX, is a U.S. Part 121 domestic flag and supplemental airline flying Airbus A320 family aircraft. The carrier provides ACMI and charter services for passenger and cargo customers across the U.S., Caribbean, Europe and Latin America, and holds IOSA certification along with third-country operator approvals for Europe, the U.K. and Australia.
Average Trading Volume: 10,010
Technical Sentiment Signal: Sell
Current Market Cap: C$69.11M
Find detailed analytics on JET stock on TipRanks’ Stock Analysis page.