GlobalX reports revenue increase of almost $16 million

Global Crossing Airlines (GlobalX) recorded first quarter (Q1 2023) revenue of $32.2 million, up $15.8 million on Q1 2022. But the company said it faced extra costs during the period, including “accelerated cockpit crew hiring and training to prepare for a busy 2023 summer schedule”, which added $1.4 million in training expenses. # The deferral of a $6 million US government contract from January to May, and the loss of $1.5 million arising out of  the “continued delay in delivery “of its first A321 freighter, added to costs, GlobalX announced. The company ended the quarter with $14.7 million in current