Global Crossing neared $100 million in revenue in 2022

Charter and cargo business Global Crossing Airlines has reported 2022 revenue of $97.1 million, $32.5 million of which came in the fourth quarter (Q4 2022). The earnings were up on 2021, by $82.8 million or 742% for the year, and $21.3 million or 191% for the quarter, as the carrier added five aircraft to the three it had been flying in 2021. Spending for 2022 and Q4 2022 increased 244% and 115%, to $33.2 and $15.4 million. The company ended Q4 2022 with $11.7 million in current assets, an increase of $2 million year-on-year and $300,000 quarter-on-quarter. Liabilities increased from