MIAMI, Might 12, 2022 (GLOBE NEWSWIRE) — International Crossing Airways Group Inc. ( JET: NEO; JET.B: NEO; JETMF: OTCQB ) (the “ Firm ” or “ GlobalX ”) is happy to announce that it intends to launch Q1 2022 outcomes after shut of market Monday, Might 16th and shall be internet hosting a Zoom webinar to offer a enterprise replace and talk about Q1 the next day.
When: Might 17, 2022 02:00 PM Jap Time (US and Canada)
Matter: International Crossing Company Q1 Replace
Register upfront for this webinar:
After registering, you’ll obtain a affirmation e-mail containing details about becoming a member of the webinar.
About International Crossing Airways
GlobalX is a US 121 home flag and supplemental airline flying the Airbus A320 household plane. GlobalX flies as an ACMI and constitution airline serving the US, Caribbean, and Latin American markets. For extra data, please go to www.globalxair.com.
For extra data, please contact:
Ryan Goepel, Chief Monetary Officer
E-mail: ryan.goepel@globalxair.com
Tel: 786.751.8503
Cautionary Word Concerning Ahead-Wanting Info
This information launch incorporates “forward-looking data” regarding anticipated developments and occasions which will happen sooner or later. Ahead-looking data contained on this information launch consists of, however is just not restricted to, statements with respect to the Firm’s plane fleet dimension and the locations that the Firm intends to service.
In sure instances, forward-looking data might be recognized by way of phrases comparable to “plans”, “expects” “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “could”, “might”, “would”, “would possibly” or “shall be taken”, “happen” or “be achieved” suggesting future outcomes, different expectations, beliefs, plans, goals, assumptions, intentions or statements about future occasions or efficiency. Ahead-looking data contained on this information launch is predicated on sure elements and assumptions relating to, amongst different issues, the receipt of financing to proceed airline operations, the accuracy, reliability and success of GlobalX’s enterprise mannequin; the well timed receipt of governmental approvals; the success of airline operations of GlobalX; the legislative and regulatory environments of the jurisdictions the place GlobalX will stick with it enterprise or have operations; the Firm has or can have enough plane to offer the service; the affect of competitors and the aggressive response to GlobalX’s enterprise technique; and the supply of plane. Whereas the Firm considers these assumptions to be affordable based mostly on data at the moment out there to it, they might show to be incorrect.
Ahead-looking data entails recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Firm to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking data. Such elements embody dangers associated to, the flexibility to acquire financing at acceptable phrases, the affect of normal financial situations, dangers associated to produce chain disruptions, failure to retain or acquire enough plane, home and worldwide airline business situations, passenger demand being lower than anticipated, the affect of the worldwide uncertainty created by COVID-19, future relations with shareholders, volatility of gasoline costs, will increase in working prices, terrorism, pandemics, pure disasters, foreign money fluctuations, rates of interest, dangers particular to the airline business, the flexibility of administration to implement GlobalX’s operational technique, the flexibility to draw certified administration and employees, labour disputes, regulatory dangers, together with dangers referring to the acquisition of the mandatory licenses and permits; and the extra dangers recognized within the “Threat Elements” part of the Firm’s stories and filings with relevant Canadian securities regulators. Though the Firm has tried to determine necessary elements that might trigger precise outcomes to vary materially from these described in forward-looking data, there could also be different elements that trigger outcomes to not be as anticipated, estimated or meant. Accordingly, readers shouldn’t place undue reliance on forward-looking data. The forward-looking data is made as of the date of this information launch. Besides as required by relevant securities legal guidelines, the Firm doesn’t undertake any obligation to publicly replace any forward-looking data.
