TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Global Crossing Airlines ( (TSE:JET) ) has provided an announcement.
Global Crossing Airlines reported its financial results for the third quarter of 2025, showing an 11% increase in revenue to $58 million, driven by record aircraft utilization and growth in ACMI operations. Despite improvements in EBITDAR and EBITDA, the company faced a net loss of $2 million due to execution issues and unscheduled maintenance, which led to lost block hours and increased costs. The company has since taken measures to address these challenges, including leadership changes and process improvements, and anticipates a stronger performance in the final quarter of the year. Additionally, the Executive Chairman, Chris Jamroz, has increased his stake in the company by acquiring 1.5 million shares and warrants, becoming the largest individual, non-institutional shareholder.
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.
Global Crossing Airlines’ overall stock score is primarily impacted by its financial performance, which is constrained by high leverage and negative equity. Technical analysis shows a neutral trend, but the valuation is weak due to a negative P/E ratio. The earnings call provided some positive insights, but these are not factored into the score due to the methodology.
To see Spark’s full report on TSE:JET stock, click here.
More about Global Crossing Airlines
Global Crossing Airlines Group, Inc. (GlobalX) is a US-based airline operating under the US 121 domestic flag and supplemental airline regulations. The company specializes in flying the Airbus A320 family of aircraft, offering domestic and international ACMI and charter flights for passengers and cargo across the US, Caribbean, Europe, and Latin America. GlobalX is IOSA certified by IATA and holds TCOs for Europe, the UK, and Australia.
Average Trading Volume: 10,010
Technical Sentiment Signal: Sell
Current Market Cap: C$69.11M
See more data about JET stock on TipRanks’ Stock Analysis page.