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Mr. Wegel added “we have identified funding sources to complete the proposed transaction, subject to completion of a public listing of Canada Jetlines Vacations and other customary conditions”. There is no certainty the transaction will be completed on the terms currently proposed or at all and the Board of GlobalX may determine to not proceed with the Transaction should there be a change in market conditions or investor interest or should another opportunity arise that would similarly enhance value for shareholders. He has previously served on the boards of Reebok and Easyjet, plc, one of the leading low cost airlines in Europe operating the Airbus A320 and as a consultant to American Airlines. Corporations can only deduct net operating losses going back two years and forward 20 years. As a leading transportation and supply chain solutions provider, Ascent Global Logistics focuses on simplifying logistics. This phase primarily involves verification of all Operations and Maintenance systems by the FAA and the beginning of the training for all pilots, flights attendants, dispatchers and mechanics. Ken Diptee Ed Wegel, Chairman of GlobalX, stated “We are very pleased to be working with GAS to create this JV. As of June 30, 2021, the Company’s leverage ratio was 4.94x compared to 7.02x as of March 31, 2021. His prior experience includes Vice President of Maintenance for Air Georgian and Regional 1 airlines, including the role of PRM before taking a senior leadership role at Air Canada Rouge. MIAMI, FLORIDA, September 8, 2020 – Global Crossing Airlines Inc. (JET: TSX-V; JETMF: OTC) (the “Company” or “GlobalX”) is pleased to announce its intention to spin-out its 100% owned Canada Jetlines Operations Ltd. subsidiary to an existing shell company and renaming it Canada Jetlines Vacations (“CJV”). When: December 1, 2020 – 02:30 PM Eastern Time, Topic: Global Crossing Airlines Management Update, Register in advance for this webinar: https://us02web.zoom.us/webinar/register/WN_hqaLG4kpTpetchFFynZEXA. (See “Non-GAAP Financial Measures” and reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share.). Ed Wegel, Founder and CEO, and Ryan Goepel, EVP and CFO, will virtually present an overview of the Company and provide an update on our progress in a webinar on Wednesday, February 10th, at 2:40 PM ET. SmartLynx Airlines are EU-based specialists in full-service ACMI aircraft leasing solutions on Airbus A320 and A321 aircraft. Dine Brands Global, Inc. This reflects an improvement of 17.8 percentage points. Found inside – Page 92-444Time contr latest Lease ( C ) [ 3. ... Montant global estimé hors TVA : 25 000 000 FB . b ) Division en lots : Possibilité de soumissionner pour plusieurs ... Statements contained in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company has scheduled a Special Meeting of shareholders (the “Meeting”) to approve the U.S. Domestication. Found inside – Page 1924 Michael A. Huston and Steve Wolverton, “The Global Distribution of Net ... Oil and Gas Lease Sale 193 In the Chukchi Sea, Alaska, Final Supplemental ... completed 370+ transactions in 70 countries. GlobalX recently completed all of its FAA requirements for its certification as a US 121 flag, domestic, and supplemental carrier, and is expected to enter passenger service after final DOT requirements are concluded. In connection with the Offering, the Company has appointed, as a nominee of Ascent, David G. Ross to its Board of Directors. Found inside – Page 407... global positioning , Bureau of Prisons , on the basis of informaremote satellite , and other ... and other programs sult in a substantial net reduction ... GitHub has been included in our consolidated results of operations starting on the October 25, 2018 acquisition date. An industry first, World Access brings a dynamic pricing model to the international travel and jet lease space. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude a definitive agreement to acquire the Aircraft, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement GlobalX’s operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude a definitive agreement to acquire the Aircraft, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement GlobalX’s operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators. India and VC Bank/GEM Mena Fund (GEM exited both its GP and LP stakes in these funds in GLENDALE, Calif.--(BUSINESS WIRE)--Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants, today announced financial results for the second quarter of 2021. “Our strong second-quarter results reflect the perseverance of the Dine Brands system as comp sales for both brands improved significantly. To be considered for these two scholarships, applicants must qualify for admission to one of Miami Herbert’s master’s programs which include the MIB (Master’s in International Business) and MSF (Master’s in Finance) programs commencing January 2022. common shares to GEM (or such persons as it may direct) and subject to share lending Baggage handling, passenger services, aircraft interior and exterior cleaning, and Airport Customer Assistance are some of the services GAS provides to its 45 Airline Customers from around the world. Additional information as required as required can be found in the Company’s Management Information Circular dated March 30, 2020 (available on SEDAR at www.sedar.com). Found inside95 mandates a disclosure note and schedule that reconciles net income with ... Whenever the indirect method is used, U.S. GAAP mandates a supplemental note ... Found inside – Page 43Supplemental : Afghanistan Security : 6. Realignment of $ 11,000,000 from D & CP Ongoing Operations to D & CP Worldwide Security Upgrades for increased ... Vallair signed its first LOI for the A321F in August 2019 with Qantas Freight and saw the maiden flight of its prototype A321F take to the skies in February 2020. The parties are now preparing the disclosure documents required by the TSX Venture Exchange (“Exchange”) and the Company will call a shareholders meeting to approve certain elements of the Transaction once required approvals have been received. GlobalX will use the funds to complete Phase 2 requirements under its plan of certification with the FAA, including the implementation of airline specific software systems for flight operations and maintenance, as well as initial deposits for A320 aircraft. (See “Non-GAAP Financial Measures” and reconciliation of GAAP net income to consolidated adjusted EBITDA.). Assuming a corporation has not sold stock to the public, conducting corporate business is straightforward. (in thousands) "scheduled", "estimates", "forecasts", "intends", "anticipates" or " 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. For more information, please contact:Carlo Valente, Chief Financial Officer Toll Free: 1-833-226-5387 Email: [email protected]. Found inside – Page 750,000 lease bond or $ 300,000 areawide bond , the minimum required at the time a ... Supplemental bonds and waivers The final rule retains provisions under ... This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. The Company intends to use the proceeds of the Offering to complete the FAA certification process, accelerate its growth plans with the planned acquisition of additional A320 family aircraft, to prepare for cargo charter operations later in 2021 and for general corporate and working capital purposes. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to the Company’s intention to fly as an ACMI and wet lease charter airline, the destinations of its intended charter flights and the timeline to commencement of its charter flights. The Company intends to use the net proceeds of the Offering to accelerate its growth plans with the planned acquisition of additional A320 family aircraft and to prepare for cargo charter operations later in 2021. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Non-GAAP Financial Measures While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. 3Sixty Duty Free, a global leader in omnichannel and travel retail, announced its partnership with Global Crossing Airlines (JET: TSX-V; JETMF: OTCQB) (“GlobalX”). Tel: +352.2610.3967. It will also operate direct to consumer charters under its own Part 380. Each Unit is comprised of one share of Common Stock (each, a “Share”) and one purchase warrant of the Company (each, a “Warrant”). After giving effect to the Transaction and the Offering (defined below), there will be 27,306,200 Shares of the Company issued and outstanding (calculated on a non-diluted basis). The increase was primarily due to higher gross profit. About Global Crossing Airlines. When working with ST Engineering, GlobalX can be assured of best-in-class solutions for these A321P2F aircraft’s entry into service and maintenance, all from a single life-cycle solution provider.”. +1 438 809 7799 Canada Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Interested parties are encouraged to register below. We are honoured to provide the first leased aircraft to GlobalX to help launch their International operations and look forward to developing and expanding our partnership for many years to come.“. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. We have been impressed with the GlobalX team and their plans for launching a new A320 charter airline in the US. at a CAD 8 million valuation and (iii) the lowest price accepted by the Exchange. David serves as Chief Strategy Officer at Ascent and was previously the Head of Transportation and Logistics Equity Research at Stifel Nicolaus. GlobalX’s shares will commence trading on an ex-dividend basis on the TSX Venture Exchange at the open of trading on June 23, 2021. Generated net sales of $1.183 billion, compared to $942 million in the prior year’s second quarter. This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Found inside – Page 152Because of the importance of long-term federal or city leasing contracts to anchor ... zero or near-zero net emissions—primarily through energy efficiency. It is our intention that by providing the cargo capacity to a Miami based operator, we can pave the way for freight forwarders in Northern, Southern and Central America to meet the ever rising market demands for air cargo.”, “We are excited to sign this LOI with Vallair, and believe they are the perfect partner for us as we enter the cargo sector.” says Ed Wegel, CEO of GlobalX. The letter of intent is subject to certain conditions including the completion of definitive documentation, receipt of regulatory approvals and completion of the FAA certification process and all US DOT approvals. Found inside – Page 86$3,912,106 Total Assets: $16,548,139 Net Worth: $12,636,033 American Income ... Ltd.;Insurance Company Of The State Of Pennsylvania;International Lease ... Forward-looking information contained in this news release includes, but is not limited to, statements with respect to the Company’s intention to fly as an ACMI and wet lease charter airline, and the completion of airline buildout and the FAA certification process. Adjusted earnings per diluted share of $3.67 for the first six months of 2021 compared to adjusted earnings per diluted share of $0.61 for the first six months of 2020. Ryan Goepel, EVP and CFO More recently, he joined the Wilson Center border task force which studies the issue of US-Canadian cross border travel restrictions. For more information, please visit the Ascent Global Logistics website https://www.ascentgl.com/. The New Common Shares shall continue to trade on the TSX Venture Exchange (Ticker: JET) and OTCQB (Ticker: JETMF). This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. The agreement is subject to the approval of the TSX Venture Exchange. Ms. Harrington serves on the boards of Ascent Global Logistics, Broadcrest Capital and Belmont University. GlobalX expects that the Record Date, and closing of the Transaction, will occur prior to the end of Q2, 2021. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. The Jetlines shares are distributed by way of dividend at a value of Cdn$0.15 per Jetlines shares with 50% of the Jetlines shares being subject to a transfer restriction that will expire 12 months from the effective date of the Arrangement. Sales at restaurants that are owned by franchisees and area licensees are not attributable to the Company. Email: [email protected] After retirement from Air Canada, he served as Deputy CEO and board member of Bamboo Airways, where he led the regulatory certification and growth to 25 Airbus family aircraft in its first year of operations, gaining IOSA certification and recognized as best Service Airline in Vietnam. Subject to FAA and DOT approvals, GlobalX intends to fly as an ACMI and wet lease charter airline serving the US, Caribbean and Latin American markets. Investors are cautioned that, except as disclosed in the Management Information Circular to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations. Concurrent with the closing of the Transaction, the Accordingly, GlobalX has retained Mercury LLC, a public policy firm based in Washington DC to assist with consultations with the US government and to ensure compliance with all applicable government restrictions. Tel: 914.646.5012. In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or " 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. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Accordingly, readers should not place undue reliance on forward-looking information. These types of credit ratings cover the broadest set of credit risk factors and are not limited in scope. For more information please visit https://www.globalairlinesgroup.com/. +16475580588,,88998256683# Canada, Dial by your location JUNEAU, Alaska (AP) — The U.S. Bureau of Land Management announced Tuesday it is moving ahead with a new environmental review of oil and gas leasing in Alaska's Arctic National Wildlife Refuge after the Interior secretary said she found “multiple legal deficiencies” in a prior review that provided a basis for the first lease sale on the refuge's … The forward-looking information is made as of the date of this news release. For more information about everything Canada Jetlines, please visit https://www.jetlines.ca/. Our focus has always been on utilizing the efficiencies of A320 family aircraft and these pioneering A321 conversions by Vallair have allowed us to extend this to our cargo capability. Commander of the Order of the British Empire, https://wsw.com/webcast/cowen100/jetmf/2165502, https://us02web.zoom.us/webinar/register/WN_kO8L0qafQ6S0IlCe6fGItw, Shares of Class B Non-Voting Common Stock (“, Shareholders who are United States citizens shall receive one new share of common stock (“. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. All Investors are invited to join the meeting for the presentation, to be followed by a question and answer session: Topic: Global Crossing Airlines CEO Provides Update On Business Progress, Time: Jul 28, 2020 02:00 PM Eastern Time (US and Canada), Join Zoom Meeting: https://us02web.zoom.us/j/88998256683/, One tap mobile As of June 30, 2021, $3.3 million was pledged against the revolving credit facility for outstanding letters of credit. The number of votes for each Variable Voting Share is subject to adjustment in the event that foreign voting control limits are exceeded as prescribed by the Canada Transportation Agency. Global USA is now a wholly-owned subsidiary of the Company. (JET: TSX-V) (the “Company” or “Jetlines”) are pleased to announce that GlobalX has signed MIAMI, FL, June 23, 2020 – Global Crossing Airlines Inc. (JET: TSX-V) (the “Company” or “GlobalX” formerly known as Canada Jetlines Ltd.) is pleased to announce that it has closed the business combination of Global Crossing Airlines, Inc. (“Global USA”) and the Company (the “Transaction”), including the completion of a US$1,543,600 million financing. Furthermore, it intends to grow its fleet by up to ten aircraft over the coming 18 months, including a widebody A330 and several A321 passenger-to-freighter aircraft. GlobalX is currently negotiating the acquisition of additional A321 aircraft for conversion to freighters as part of its overall strategic plan to become a narrowbody A321 freighter operator. Headquartered in Singapore, ST Engineering reported revenue of $7.9b in FY2019 and it ranks among the largest companies listed on the Singapore Exchange. The market-making service will be undertaken by VLP through a registered broker, W.D. MIAMI, FLORIDA, Sept. 14, 2020, 2020 – Global Crossing Airlines Inc. (JET: TSX-V) (the “Company” or “GlobalX”) has signed a Joint Venture Agreement (the “JV”) with Global Aviation Services, Inc. of Toronto, Ontario, Canada (“GAS”), a leading supplier of aircraft ground and passenger handling capabilities with over 45 airline clients and operating at airports in both Canada and the United States. Found inside – Page 1852020 Cumulative Supplement Michael I. Sanders ... assets without paying a penalty , and restrictions as to triple - net leases and carried interests . Congressman Shuster is currently a Senior Policy Advisor at Squire Patton Boggs in DC and provides strategic advice to clients on a wide range of public policy issues in transportation and infrastructure. Each shareholder of GlobalX, as of the record date for the Transaction (“Record Date”), will receive one share of Jetlines for every two shares of GlobalX held on the Record Date. MIAMI, FLORIDA, December 18, 2020 – Global Crossing Airlines Inc. (JET: TSX-V;JETMF: OTCQB) (the "Company" or "GlobalX") announces that it has completed another draw down (the “Draw Down”) under the GEM Facility in accordance with the GEM Agreement as previously disclosed (see the news release dated May 6, 2020 for further information with respect to the GEM Agreement). Mr. Salvador comes to GlobalX with over 17 years of experience in the travel industry with successful tenures at Carnival Cruise Lines, where he served as Global Head of Business Development for six cruise brands, The Palms Resort in Las Vegas, where he served as VP-Marketing, and Caesars Entertainment, where he was National Director of Marketing. This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement GlobalX’s operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators. "Avolon is delighted to expand our business in the Americas with a new customer in Global Crossing. This news release contains “forward-looking information” concerning anticipated developments and events that may occur in the future. Investors are cautioned that, except as disclosed in the Management Information Circular, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Tel: 403.221.0915 Toll Free: 1.888.221.0915, Greg Chin Communications Director Miami Dade Aviation DepartmentEmail: [email protected] Vic Charlebois - VP Flight Operations – Vic has over 35 years experience in the industry and was previously employed by Jetlines as VP Flight Operations for two years. The true benefit of working with our GEM facility is that it allows us to draw the amounts needed at the right time to fund our certification and aircraft acquisitions.”. The airline will operate from two bases at Miami International Airport (MIA) and Atlantic City International Airport (ACY). Companies using a checklist of items to … The Minhas Craft Brewery is now ranked in the Top 10 breweries largest breweries in America. Deferred tax assets, net. IHOP’s off-premise comparable same-restaurant sales for the second quarter of 2021 increased by 6.3%. SmartLynx Airlines is a family member of Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe in 2019, providing aviation services and solutions worldwide. MIAMI, FL., June 30, 2021 – Global Crossing Airlines Group Inc. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to provide an update on its share capital reorganization (the “Share Capital Reorganization”) previously announced on May 21, 2021 and June 11, 2021. Both ASC 842 and IFRS 16 became effective for reporting periods beginning after December 15, 2018 (under ASC 842 that effective date is only for public companies). Domestication“). When: August 4th, 2021, 02:00 PM Eastern Time (US and Canada), https://us02web.zoom.us/webinar/register/WN_gG4xO_ckSLa5HWVWkseZzQ. MIAMI, FL., February 3, 2021 – Global Crossing Airlines Group Inc. (JET: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) announces that it will participate in Stifel 2021 Virtual Transportation & Logistics Conference being held on February 9-10, 2021. Our firm is not just led by top talent — we distinguish ourselves by having senior talent deeply engaged in each project from start to finish, a promise we keep to clients. Magnetic provides total technical care and asset management solutions. GlobalX continues the development of its A320 fleet plan and expects to announce the closing of additional aircraft under lease and purchase contracts in the next 15 days. closing price per common share on the first day of trading of the Resulting Issuer’s common The expanded strategic partnership between SmartLynx and GlobalX opens doors for cargo cooperation, better region coverage, and for new possibilities to offer clients mutual services. Net income for the second quarter of 2021 increased to $11.5 million, or $0.01 per diluted share, compared with a net loss of $32.3 million, or … “Having worked previously with Brad, I know him to be a seasoned and skilled manager with extensive experience and industry knowledge.

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