Finance

GlobalX swings to profit in second quarter

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GlobalX swings to profit in second quarter

Global Crossing Airlines (GlobalX) clinched a net income of $0.3 million in the second quarter of the year, swinging from its net loss in last year's equivalent quarter of $7.5 million. The airline's revenues increased 83% to $57.5 million, primarily driven by high block hours flown and its aircraf...

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