Global Crossing Airlines Group Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2022 and Earnings Guidance Third Quarter of 2022
The company expects to see and average of 30% sequential quarterly revenue growth through the rest of 2022 as the company add additional aircraft and launch the company's cargo operations. Based on current contracts and projected aircraft delivery dates, the company anticipates reaching profitability by third quarter of 2022.
The company expects full year 2022 revenue to exceed $90 million with over half secured March 31, 2022 under long term contracts.