JETBF (Global Crossing Airlines Group) Tax Rate % : -0.50% (As of Dec. 2024)

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What is Global Crossing Airlines Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global Crossing Airlines Group's Tax Expense for the three months ended in Dec. 2024 was $0.0 Mil. Global Crossing Airlines Group's Pre-Tax Income for the three months ended in Dec. 2024 was $-0.4 Mil. Therefore, Global Crossing Airlines Group's Tax Rate % for the quarter that ended in Dec. 2024 was -0.50%.

Global Crossing Airlines Group Tax Rate % Historical Data

The historical data trend for Global Crossing Airlines Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Global Crossing Airlines Group Tax Rate % Chart

Global Crossing Airlines Group Annual Data

Trend

Apr15

Apr16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-0.01

-0.02

Global Crossing Airlines Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-0.09	-	-	-	-0.50

Global Crossing Airlines Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Global Crossing Airlines Group's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	0.002	/	-11.383
	=	-0.02 %

Global Crossing Airlines Group's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0.002	/	-0.4
	=	-0.50 %

Global Crossing Airlines Group Tax Rate % Related Terms

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Global Crossing Airlines Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Crossing Airlines Group Inc (OTCPK:JETBF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

JETMF:USA EZ70:Germany JET.B:Canada JET:Canada

Address

4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166

Website

https://www.globalairlinesgroup.com

Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, Central and South America.