GlobalX Secures Contract with Sunrise Airways to Provide Two Dedicated A320 Aircraft
Another Strategic Win for GlobalX, Reinforcing Its Leadership as the Preferred Global ACMI Provider and Powering the Haitian Carrier’s Rapidly Expanding “One Caribbean” Network
MIAMI, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (“GlobalX” or the “Company”), the Nation’s fastest-growing charter airline, today announced that it has entered into a new long-term wet-lease agreement with Sunrise Airways (“Sunrise”), a leading Caribbean regional airline. Serving more than 20 gateways across the Americas, Sunrise’s route network connects major United States and Central American markets with destinations throughout the Caribbean. Under the agreement, GlobalX will begin service in November 2025, providing two dedicated Airbus A320 aircraft—each configured with 179 seats—to accelerate Sunrise’s expanding operations. This partnership highlights a core competency of GlobalX: enabling airlines to rapidly scale their networks and strengthen their market presence through dedicated fleet support.
Ryan Goepel, President and CFO of GlobalX, stated: "This partnership highlights GlobalX’s growing position as the ACMI provider of choice for airlines worldwide. By providing Sunrise Airways with flexible and dependable solutions for growth, we further showcase how our model creates meaningful value for airlines seeking efficiency, flexibility, and excellence in their operations. We value the trust Sunrise Airways has placed in us and look forward to growing this relationship through continued collaboration and shared success."
Sunrise Airways operates under three separate Air Operator Certificates (AOC) – Haiti, the Dominican Republic, and the Eastern Caribbean. The addition of the two Airbus A320s wet-leased from GlobalX brings the total size of the combined Sunrise Airways operating fleet to 14 aircraft.
Gary Stone, CEO of Sunrise Airways, said, “I’m pleased to announce this agreement with GlobalX, marking an important step as we continue to grow our fleet and enhance connectivity across the Caribbean. The integration of these two dedicated aircraft represents a significant milestone in our ‘One Caribbean’ strategic plan. This move underscores Sunrise’s commitment to enhancing the customer experience and improve connectivity to and within the Caribbean region. GlobalX is recognized as one of the world’s fastest-growing wet-lease providers. They are uniquely positioned to enable our growth and help us achieve our ambitious expansion goals. By leveraging their strong presence in South Florida, we aim to improve reliability, on-time performance, and the overall customer experience across our entire network.”
Stone added, “We’ll initially deploy the newly wet-leased aircraft to bolster our existing routes, particularly between Florida and Cap-Haïtien. In the near future, though, they’ll be instrumental in our efforts to expand our network to new destinations like Fort Lauderdale, New York, and other key markets throughout the Americas. We’re planning additional fleet expansion over the coming months, and by the close of 2025, we anticipate operating 18 aircraft across our expanding network.”
About Global Crossing Airlines Group, Inc.
GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family of aircraft. The Company’s services include domestic and international ACMI and charter flights for passengers and cargo throughout the US, Caribbean, Europe, and Latin America. GlobalX is IOSA certified by IATA and holds TCOs for Europe and the UK.
About Sunrise Airways
Sunrise Airways launched in 2012 with a mission to enhance connectivity among island states located throughout the Caribbean. Since then, the regional carrier has grown to employ a workforce totalling in excess of 250 aviation professionals in 24 gateways spread across the Americas. The Sunrise Airways route network, which started with domestic flights in Haiti, now extends throughout the Caribbean, as well as into the United States (Miami) and Central America (Panama). Flights serving gateways throughout the Eastern Caribbean were launched in 2024. The Sunrise Airways corporate headquarters and Service Oversight Center (SOC) are based at Toussaint Louverture International Airport (IATA: PAP, ICAO: MTPP) in Port-au-Prince, Haiti. Sunrise Airways is privately-owned. Its Founder and Chairman is noted Haitian businessman, philanthropist, and pilot, Philippe Bayard.
Cautionary Note Regarding Forward-Looking Information
This press release contains certain “forward-looking statements” and “forward-looking information” regarding GlobalX, as defined under applicable United States and Canadian securities laws, concerning anticipated developments and events that may occur in the future. Forward-looking statements contained in this press release include, but are not limited to, statements with respect to GlobalX’s continued business expansion, the details and benefits of the agreement with Sunrise Airways, that GlobalX’s model creates real value for airlines seeking efficiency, flexibility, and excellence in their operations, and GlobalX’s growing position as the ACMI provider of choice for airlines worldwide. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking statements contained in this press release is based on certain factors and assumptions regarding, among other things, the receipt of financing to continue airline operations, the accuracy, reliability and success of GlobalX’s business model; GlobalX’s ability to accurately forecast demand; GlobalX will be able to successfully conclude definitive agreements for transactions subject to LOI; the timely receipt of governmental approvals, including from the FAA and DOT; the success of airline operations of GlobalX; GlobalX’s ability to successfully enter new geographic markets; the legislative and regulatory environments of the jurisdictions where GlobalX will carry on business or have operations; GlobalX has or will have sufficient aircraft to provide the service; the impact of competition and the competitive response to GlobalX’s business strategy; the future price of fuel, and the availability of aircraft. While GlobalX considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of GlobalX to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The Company has identified certain known material risk factors applicable to it in its Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC and its other filings with the SEC. Moreover, it is not always possible for GlobalX to predict how new risks and uncertainties that arise from time to time may affect it. Although GlobalX has attempted to identify important factors that could cause actual results to differ materially from those described in the forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements are made as of the date of this press release. Except as required by applicable securities laws, GlobalX does not undertake any obligation to publicly update any forward-looking statements. If GlobalX does update one or more forward-looking statements, no inference should be made that it will make additional updates with respect to those or other forward-looking statements.
For more information:
Company Contact
Ryan Goepel, President & CFO
Tel: (720) 330-2829
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Email: JET@elevate-ir.com
Sunrise Airways Media Contact
Steve Bennett, SBPR Corp.
Tel: 305-213-8074
Email: steve@SBPRcorp.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c8815b7-3c93-4ed4-bbc7-36cd8736639d
Sunrise Airways
Sunrise Airways
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