Global Crossing Airlines Signs LOI for Ten (10) A321 Converted Freighters with Vallair

Miami, Florida–(Newsfile Corp. – October 20, 2020) –  Global Crossing Airlines Inc. (TSXV: JET) (the “Company” or “GlobalX“) has signed an LOI with Vallair, the mature aircraft and asset specialist based in Luxembourg, (and launch lessor for the Airbus A321 freighter conversion or A321F), to lease ten converted A321 freighter aircraft. This deal represents the most significant transaction to convert A321s to freighter to take place within the air cargo industry.

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