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US start-up GlobalX aims to launch flights this week

US start-up GlobalX aims to launch flights this week
flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.

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GlobalX Shareholders Will Take Ownership Of Canada Jetlines Startup

GlobalX Shareholders Will Take Ownership Of Canada Jetlines Startup
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Shareholders of GlobalX Airlines will take majority ownership of upcoming Canada Jetlines under a new plan. The deal will see shareholders own 75% of the startup carrier, while GlobalX only retains a 25% share. Let’s find out more about this proposed deal and how it impacts the two airlines.
Canada Jetlines has seen its launch delayed several times since 2017, including most recently in December 2019. Photo: Canada Jetlines
Changing ownership
In the latest development of the ongoing story of Canada Jetlines, owner GlobalX Airlines has opted to change the carrier’s ownership structure. According to a statement released today, shareholders of GlobalX will receive shares of Jetlines in a 2:1 ratio, i.e., every two shares of GlobalX owned will give holders one share of Jetlines. ....

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GlobalX, SmartLynx Airlines Grow Partnership

GlobalX, SmartLynx Airlines Grow Partnership
airwaysmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from airwaysmag.com Daily Mail and Mail on Sunday newspapers.

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GlobalX Airlines Receives First Airbus A320 (+VIDEO)

MIAMI – GlobalX Airlines, a Miami-based startup charter airline, received its first Airbus A320 earlier this week. The aircraft was delivered to Miami International Airport (MIA) where it was welcomed with a water cannon salute. GlobalX employees and media personnel were present to celebrate its arrival.
“We are thrilled to take delivery of our first A320 aircraft here at our base at MIA,” says Ed Wegel, GlobalX’s Chairman and Chief Executive Officer. “Today is a testament to the outstanding work of the GlobalX team as we continue to certify as a US flag carrier.”
This particular A320 (MSN 2695) is an ex-Frontier Airlines (F9) aircraft registered as N223FR. It will eventually be re-registered as N276GX once it begins operating for GlobalX. F9 retired its A319 fleet last year and is phasing out its A320 fleet in favor of newer and more fuel-efficient A320neo family aircraft. Many of its older aircraft have been bought by other carriers and will continue flying. ....

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