GlobalX reports net loss of $20 million for FY23

US domestic airline Global Crossing Airlines (GlobalX) has reported a full year net loss of $20.8 million in 2023, a further decline over 2022’s net loss of $15.8 million. Loss per share was at 37 cents, again a decline on 2022’s loss per share of 30 cents. However, operating revenue improved to $160.1 million in 2023, up from $97.1 million in 2022. “We remain steadfast in our commitment to charting a course towards sustained profitability and operational excellence,” said GlobalX executive chairman Chris Jamroz. “With a relentless focus on industry-leading on-time performance, we are expecting demand for passenger charters to