Global Crossing Airlines announced its financial results for Q2 2025, showcasing growth in revenue and net income compared to Q2 2024.
The company reported a GAAP net income of $0.6 million or $0.01 per share, reflecting a significant improvement from the previous year.
With EBITDAR of $19.8 million and record block hours flown in Q2, Global Crossing Airlines demonstrated operational strength and profitability.
Financial Growth
Revenue increased by 7% to $61.4 million and net income doubled to $0.6 million compared to Q2 2024.
Operational Resilience
Global Crossing Airlines focused on scalability and profitability, resulting in improved cash flow and record block hours flown.
Future Outlook
The company aims to continue growing its fleet, enhancing customer partnerships, and solidifying its position as America's largest narrowbody charter airline.
- The strong financial performance in Q2 2025 reflects Global Crossing Airlines' strategic initiatives to enhance operational efficiency and profitability.
- With increased revenue, improved cash flow, and a growing fleet, the company is well-positioned for continued success in the second half of 2025.
Global Crossing Airlines' Q2 2025 results demonstrate a positive growth trajectory, reflecting the success of its operational strategies and commitment to profitability. The company's focus on scalability and operational resilience sets a strong foundation for future expansion and success in the airline industry.