New insider activity at Global Crossing Airlines ( (TSE:JET) ) has taken place on February 25, 2025.
Director Red Oak Partners, LLC has made a significant investment in Global Crossing Airlines by purchasing 800,000 shares of the company’s stock. This transaction is valued at $576,000, highlighting a strong vote of confidence in the airline’s future prospects.
Recent Updates on TSE:JET stock
Global Crossing Airlines has experienced significant developments recently, contributing to its stock’s price movements. The company reported an exceptional Q4 performance, marking the strongest month in its history, which is attributed to reinforcing core operations, optimizing processes, and expanding its fleet to meet increasing demand. Additionally, Global Crossing Airlines entered a digital interline agreement with United Airlines and a joint venture with ATB Aviation Australia, both of which are expected to enhance operational capabilities and market reach. However, the resignation of Director Paul Martins may have introduced some uncertainty. These factors collectively influenced recent price target changes as analysts assess the company’s strategic positioning and leadership dynamics.
More about Global Crossing Airlines
YTD Price Performance: 62.39%
Average Trading Volume: 59,439
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $48.68M