Global Crossing Airlines and Havana Air Announce Expanded Cuba Service to Camaguey and Santiago de Cuba

Miami, Florida, UNITED STATES


MIAMI, June 29, 2022 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) and ViajeHoy, LLC, d/b/a Havana Air (“Havana Air”) are pleased to announce approval from the U.S. Department of Transportation to expand their charter services to include twice weekly flights from Miami to both Camaguey and Santiago de Cuba, in addition to their existing six times weekly Miami to Havana flights. Charter flight services to these Cuban provinces begin July 14, 2022. Individuals who meet the regulatory conditions of Department of Treasury’s Office of Foreign Assets Control (OFAC) under its twelve (12) approved categories of travel may book their reservations at www.havanaair.com.

“We are very pleased to be working with our partners at Havana Air to expand our flights to the Cuban provinces, in addition to our flights to Havana. We look forward to continuing to grow our business with Havana Air,” said Ed Wegel, Chair and CEO of GlobalX.

“We are extremely pleased to expand our Airbus A320 and A321 services to Cuba with GlobalX. Together we provide enhanced travel experiences, professional in-flight crews, and on-time performance not historically achieved by charter carriers servicing the island,” said Mark Elias, President and COO of Havana Air.

About Global Crossing Airlines

GlobalX is a US 121 domestic flag and supplemental Airline flying the Airbus A320 family aircraft. GlobalX flies as a passenger ACMI and charter airline serving the US, Caribbean, and Latin American markets. In 2022, GlobalX will enter ACMI cargo service flying the A321 freighter, subject to DOT and FAA approvals. For more information, please visit www.globalxair.com

About Havana Air

Havana Air has over 15 years of experience in serving the Cuba travel market, including extensive expertise in moving authorized groups and individual travel.  Its senior officers fully understand the needs and requirements of this sector of travel. With this expertise, Havana Air conducts charter air travel services to Cuba under an OFAC General License.

For more information, please contact:

Mark Salvador, Chief Marketing Officer
Email: mark.salvador@globalxair.com
Tel: 786.751.8510

Mark Elias, President and Chief Operating Officer, Havana Air
Email: mark@havanaair.com
Tel: 305.615.4151

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain “forward looking statements” and “forward-looking information”, as defined under applicable United States and Canadian securities laws, concerning anticipated developments and events that may occur in the future. Forward-looking statements contained in this news release include, but are not limited to, statements with respect to the Company’s aircraft fleet size, the destinations that the Company intends to service, the timelines for increased flights to Cuba and growth of business with Havana Air.

In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking statements contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to continue airline operations, the accuracy, reliability and success of GlobalX’s business model; GlobalX’s ability to accurately forecast demand; the timely receipt of governmental approvals; the success of airline operations of GlobalX; GlobalX’s ability to successfully enter new geographic markets; the legislative and regulatory environments of the jurisdictions where GlobalX will carry on business or have operations; the Company has or will have sufficient aircraft to provide the service; the impact of competition and the competitive response to GlobalX’s business strategy; the future price of fuel, and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, risks related to supply chain and labor disruptions, failure to retain or obtain sufficient aircraft, domestic and international airline industry conditions, the effects of increased competition from our market competitors and new market entrants, passenger demand being less than anticipated, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, risks associated with doing business in foreign countries, the ability of management to implement GlobalX’s operational strategy, the ability to attract qualified management and staff, labor disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; risks related to significant disruption in, or breach in security of GlobalX’s information technology systems and resultant interruptions in service and any related impact on its reputation; and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators and the U.S. Securities and Exchange Commission. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in the forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements are made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking statements. If GlobalX does update one or more forward-looking statements, no inference should be made that it will make additional updates with respect to those or other forward-looking statements.