Global Crossing Airlines signs for first Airbus A321 passenger aircraft

Global Crossing Airlines (GlobalX) has signed a letter of intent for its first A321-200 aircraft, under an operating lease with Magnetic Leasing.

The aircraft, a 2005 year build previously operated by a major government-owned Asian airline, is expected to be delivered to GlobalX in December 2020. Delivery will occur after signing of definitive lease documents and painting the Aircraft in GlobalX colors at IAC in Lake City, Florida.

This aircraft was specifically selected by GlobalX to initiate its services to Cuba, subject to governmental approvals, and planned as the first aircraft that will eventually be converted to freighter configuration. GlobalX is currently negotiating the acquisition of additional A321 aircraft for conversion to freighters as part of its overall strategic plan to become a narrow-body A321 freighter operator.

GlobalX continues the development of its A320 fleet plan and expects to announce the closing of additional aircraft under lease and purchase contracts in the next 15 days.

GlobalX is a new entrant airline now in FAA certification using the Airbus A320 family aircraft. Subject to FAA and DOT approvals, GlobalX intends to fly as an ACMI and wet-lease charter airline serving the U.S., Caribbean and Latin American markets.

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