Global Crossing completes aircraft acquisition, signs lease for four more

Global Crossing Airlines (JETMF) Group announced the completion of its first aircraft acquisition, along with the signing of lease agreements for four additional Airbus aircraft-significant steps in supporting the Company’s continued business expansion. GlobalX has acquired an Airbus A320, currently operating in its fleet as N630VA and powered by two CFM56-5B engines. The aircraft was purchased from Falcon 2019-1 Aerospace Limited by an affiliate of GlobalX, with financing provided by Volofin Capital Management Ltd. of London. In tandem with the acquisition, GlobalX has signed definitive lease agreements from funds managed by AE Industrial Partners, LP for four Airbus A319 aircraft to meet increasing demand across its expanding charter and passenger service business.