Global Crossing Airlines (GlobalX) has reported financial results for its first year of revenue operations, including revenue of $14.3 million and a net operating loss of $19.8 million or ($0.43) per diluted share. Included in GlobalX’s operating results are an estimated $11.1 million in expense related to pre-revenue operations during the year, as well as approximately $1.8 million in non-recurring expenses. “We certified GlobalX as a US 121 Flag carrier during the pandemic, accomplishing this in 12 months,” said Ed Wegel, Chairman and CEO of GlobalX. “During our first year of operations which was from August to December, we operated

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