NEO Exchange Expands Reach in Travel Industry With Uplisting of Global Crossing Airlines
The NEO Exchange is proud to welcome low-cost charter airline, Global Crossing Airlines Group Inc. ("GlobalX" or the "Company"), following a voluntary delisting from the TSX Venture Exchange. GlobalX begins trading today on the NEO Exchange under the symbols JET and JET.B.
Led by Ed Wegel, an industry veteran with over 30 years of commercial aviation experience, GlobalX is a US 121 flag and supplemental airline flying the Airbus A320 family of aircraft. The Company flies as a passenger ACMI and charter airline serving the US, Caribbean, and Latin American markets.
"Within 18 months, we have taken GlobalX from a start-up to now operating six aircraft and the completion of a listing on NEO's senior stock exchange," said Mr. Wegel, Chairman and CEO of GlobalX. "As we continue our rapid growth, we are convinced that listing on the NEO Exchange raises our profile among retail and institutional investors and provides a platform from which to expand our shareholder base."
"Today's launch marks the continuation of NEO's expansion into the travel industry - our second airline listing, and yet another graduation from a venture exchange to NEO, a mainboard Tier 1 stock exchange," commented Jos Schmitt, President and CEO of NEO. "GlobalX has progressed from a fledgling company to a growth-focused airline on a flight path to continued success, uniquely positioned to benefit from the pent-up travel demand following the pandemic. We are proud to be the platform of choice for the next phase of their capital markets journey, and look forward to providing increased quality of trading, enhanced access to investors, and a solutions-oriented focus that is unique to the NEO Exchange."
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About Global Crossing Airlines Group Inc.
GlobalX is a US 121 domestic flag and supplemental Airline flying the Airbus A320 family aircraft. GlobalX flies as a passenger ACMI and charter airline serving the US, Caribbean, and Latin American markets.