Mr. Ed Wegel reports

GLOBAL CROSSING AIRLINES ANNOUNCES AGREEMENT TO LEASE AN A321 FREIGHTER FROM ATSG

Global Crossing Airlines Group Inc. has reached an agreement to lease an additional A321 freighter for delivery in October, 2023, from Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group Inc.

"We are pleased to be able to lease our first A321 freighter from CAM, a worldwide leader in cargo aircraft conversions and leasing, and we greatly appreciate ATSG's support of our team and our business plan. Our A321F fleet has performed extremely well -- with better fuel burn, and load and unload times for both main deck and lower belly of less than 45 minutes. The A321F takes 50 per cent more volume than its narrowbody competitor and is quickly shaping up to be the 757 freighter replacement aircraft. Along with our customers, we are extremely pleased with the A321F performance and we will continue to grow our fleet of A321 freighters along with the increasing demand for the aircraft," said Ed Wegel, chair and chief executive officer of Global Crossing.

"ATSG is excited to partner with GlobalX as they continue their transformational growth," stated Paul Chase, chief commercial officer for ATSG. "We continue to seek partnerships that expand our global leasing footprint with companies that focus on the customer by providing world-class service and reliability."

About Global Crossing Airlines Group Inc.

Global Crossing is a U.S. 121 domestic flag and supplemental airline flying the Airbus A320 family aircraft and the Airbus A321 freighter. With over 600 aviation professionals, Global Crossing flies as a passenger and cargo ACMI (aircraft, crew, maintenance, insurance) and charter airline serving the United States, Caribbean, European and Latin American markets.

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