Global Crossing Airlines Inc. (JETMF)

[Edgecrusher]

This is another example of taking a step forward while taking a step back. I wasn't sure what the market reaction would be since I myself didn't know how to feel about the release. It is yet another delay and the way they worded the release it seems like they are leaving themselves room to move that December launch date.

They were teasing having to set up contracts for maintenance on two planes a few weeks ago so that made it seem like the airplane lease was still going forward. Because of that, this cancellation comes as a surprise.