"GlobalX operated a record 3,134 number of revenue block hours for 40 different customers in Q1 2023 versus 2,470 in Q4 2022, a 27% increase. This is despite losing 75 aircraft days to regularly scheduled maintenance checks and landing gear swaps. In addition, we grew our pilot headcount by 41% since December 2022, investing in a strong pipeline of pilots in advance of our planned aircraft deliveries," said Ed Wegel, Chairman and CEO. Other Key highlights from Q1 2023: Took delivery of one A321F; Completed all certification requirements with the FAA to operate A321 cargo aircraft; Increased Cuba Charter business by 73% versus Q4 2022 and now operating from the top three OFAC approved Cuba tour operators; Successfully completed over 220 block hours for the NCAA March Madness Tournament; Negotiated leases for an additional two A320 pax aircraft and three A321 freighters; Completed EASA, IOSA and DOD certification
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