Mr. Ryan Goepel reports

GLOBAL CROSSING AIRLINES ANNOUNCES RECORD BLOCK HOURS

Global Crossing Airlines Group Inc. has provided an update on block hours operated in Q3 in addition to providing details of it planned Q3 earnings release date in November and the date of the company's annual general meeting in December.

Global Crossing operated 6,504 block hours in Q3 2023 compared with 3,585 hours in Q2 2023, an 81-per-cent increase. Of the hours operated in Q3 2023, 70 per cent were operated on an ACMI (aircraft, crew, maintenance, insurance) basis and 30 per cent were operated on a charter basis, which compares with Q2 2023 where 38 per cent were operated on an ACMI basis and 62 per cent were operated on a charter basis.

The company also confirms that its third A321F will be delivered the week of Oct. 10, its 11th passenger aircraft will be delivered the week of Oct. 20 and its 12th A320 passenger aircraft will be delivered the second week of November, 2023.

The company intends to announce its Q3 2023 financial results and business update prior to market open on Wednesday, Nov. 8, and will be hosting a Zoom webinar to provide a business update and discuss the Q3 2023 financial results the same day.

When: Nov. 8, 2023, 1 p.m. Eastern Time (United States and Canada)

Topic: Global Crossing Airlines -- Q3 2023 earnings release and management update

In addition, the company announces it will host its annual general meeting at its Miami headquarters at 10 a.m. on Dec. 13, 2023, with more details to follow.

About Global Crossing Airlines Group Inc.

Global Crossing is a U.S. 121 domestic flag and supplemental airline flying the Airbus A320 family aircraft. Global Crossing flies as a passenger ACMI and charter airline serving the U.S., Caribbean, European and Latin American markets. Global Crossing is also now operating ACMI cargo service flying the A321 freighter. Global Crossing is IATA Operational Safety Audit certified by the International Air Transport Association and holds TCOs for Europe and the United Kingdom.

We seek Safe Harbor.