Galloway Urges Strategic Review to Address Undervaluation at Global Crossing Airlines Group (JETBF)

Market Cap: $39 million | Global Crossing Airlines Group Inc. provides air transport services in the United States, Europe, Canada, and Central and South America.

On May 22, 2025, Galloway Capital Partners (4.33%) sent a letter to the company stating that it believes the Company's shares are significantly undervalued. They propose working with management and the Board to enhance shareholder value and urge exploring strategic transactions like acquisition, merger, sale, or going private through an investment bank or advisor to create shareholder value.

On December 16, 2025, Galloway Capital Partners disclosed that it had increased its stake to 6.24%, stating its belief that the company is significantly undervalued relative to its fundamentals and growth prospects. Galloway expressed willingness to work with management and the board to enhance shareholder value and urged the board to retain an experienced advisor to explore strategic alternatives, including a sale, merger, acquisition, or going-private transaction. Source