GlobalX Q2 FY26 turns to net loss of USD 1.3 million; operating income drops 58% to USD 1.4 million
Reuters2026/08/12 20:08- GlobalX posted Q2 2026 revenue of USD 62 million, up 1% year over year; operating income fell 58% to USD 1.4 million.
- Net results swung to a loss attributable to the Company of USD 1.3 million from profit; loss per share was USD 0.02.
- Non-GAAP EBITDA rose 17% to USD 6.9 million, while net aircraft available declined 11% to 15.3.
- Average utilization climbed 11% to 523 hours per aircraft; block hours slipped 1% to 8,010, with ACMI share up 3 percentage points to 87%.
- Fleet modernization advanced with authority to expand to 25 aircraft; five A320s slated for 2H entry, with only two scheduled 2-year checks left in Q3.
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