GlobalX Secures Contract with Sunrise Airways to Provide Two Dedicated A320 Aircraft

Executive Summary

• Global Crossing Airlines Group, Inc. (“GlobalX”) entered into a long‑term wet‑lease agreement with Sunrise Airways, providing two Airbus A320 aircraft (179 seats each) beginning November 2025.
• The agreement expands Sunrise’s fleet to 14 aircraft and supports its plan to operate 18 aircraft by year‑end 2025, enhancing connectivity across the Caribbean and U.S. markets.
• The partnership underscores GlobalX’s growth as a leading ACMI provider and is expected to generate incremental revenue from the wet‑lease services.

Key Details

• Agreement Scope: Long‑term wet‑lease of two dedicated Airbus A320 aircraft to Sunrise Airways, commencing November 2025.
• Aircraft Configuration: Each A320 configured with 179 passenger seats.
• Fleet Impact for Sunrise: Increases Sunrise’s operating fleet from 12 to 14 aircraft; target of 18 aircraft by end‑2025.
• Route Expansion: Initial deployment on existing routes (e.g., Florida ↔ Cap‑Haïtien) with future use on new destinations such as Fort Lauderdale, New York, and additional Caribbean/Latin American markets.
• Strategic Rationale: Provides Sunrise with flexible capacity to accelerate network growth; reinforces GlobalX’s ACMI model delivering “efficiency, flexibility, and excellence” for airline partners.
• Financial Implications (not disclosed): Revenue expected from wet‑lease fees; no specific pricing or term length provided in the release.
• Operational Benefits: Anticipated improvements in reliability, on‑time performance, and overall customer experience for Sunrise’s network.

Notable Quotes

“This partnership highlights GlobalX’s growing position as the ACMI provider of choice for airlines worldwide… we further showcase how our model creates meaningful value for airlines seeking efficiency, flexibility, and excellence in their operations.” – Ryan Goepel, President & CFO, GlobalX

“The integration of these two dedicated aircraft represents a significant milestone in our ‘One Caribbean’ strategic plan… they’ll be instrumental in our efforts to expand our network to new destinations.” – Gary Stone, CEO, Sunrise Airways