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Global Crossing Airlines Inc : Global Crossing Airlines Signs Operating Lease Agreement for Second Airbus A320 Family Aircraft

Global Crossing Airlines Inc.: Global Crossing Airlines Signs Operating Lease Agreement for Second Airbus A320 Family Aircraft TSXV: JET) ( OTCQB: JETMF) ( GlobalX ) is pleased to announce the signing of an operating lease agreement for its second aircraft, GlobalX s first Airbus A320-200 (the Aircraft ), with Dubai Aerospace Enterprise ( DAE ). The Aircraft, a 2005 vintage, is scheduled to be delivered to GlobalX in late December, 2020. Delivery will occur after routine inspection/acceptance flights and completion of the painting of the Aircraft in GlobalX livery. The painting slot has been reserved at IAC in Amarillo, Texas. The Aircraft was specifically selected by GlobalX to initiate its services to Latin America (subject to governmental approvals) and was previously operated by a major US airline which allows for a more efficient FAA conformity and entry into service.

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