USA. 3Sixty Duty Free, a global leader in omnichannel and travel retail, announced its partnership with Global Crossing Airlines (JET: TSX-V; JETMF: OTCQB) (“GlobalX”). The new partnership allows travelers to purchase from a large range of travel retail products, via their onboard In-flight Duty Free program.
The startup charter carrier GlobalX, is scheduled to begin operations in July with two aircraft in its fleet, one Airbus A320 and one A321. Furthermore, it intends to grow its fleet by up to ten aircraft over the coming 18 months, including a widebody A330 and several A321 passenger-tofreighter aircraft.
“The transaction announced today represents an exciting opportunity for 3Sixty,” commented 3Sixty’s Chief Operations Officer, Alex Anson – “joining forces with GlobalX, further expands our omnichannel footprint and continues elevating the travel retail experience for customers.”
The initial phase of the partnership entails the implementation of 3Sixty’s In-flight Duty Free program with plans to include Pre-order service, Home Delivery, and their Onboard Pouring Program in the future.
“Providing a diverse range of high quality brands for passengers onboard our flights from Canada, Latin America, and the Caribbean was a major focus in selecting 3Sixty as our Duty Free partner. Their vast experience in travel retail makes them the perfect partner as we launch our airline service both domestically and internationally,” adds Mark Salvador, GlobalX Chief Marketing Officer.
3Sixty Duty Free operations will commence at GlobalX’s operating bases at Miami International Airport and Atlantic City International Airport, with plans to expand to other USA airports.
For further information, please contact:
Tel: +1305 319 2450
Chief Marketing Officer
3Sixty (formerly DFASS Group) is the world’s leading inflight duty free retailer, with a growing presence in airport duty free and duty paid retail in the Americas. 3Sixty specializes in helping consumers and businesses access the enticing world of travel retail. Our partnerships with suppliers of the world’s premium brands, our global reach, innovative marketing, state of the art technology, customized training and motivation, competitive financial support, logistics and inventory-management, allow 3Sixty to offer seamless retail transactions to thousands of airline customers each day – on the ground and in the air. For more information visit 3Sixtydutyfree.com.
About Global Crossing Airlines
GlobalX is a US 121 domestic flag and supplemental airline now in FAA certification using the Airbus A320 family aircraft. GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations. Subject to FAA and DOT approvals, GlobalX intends to fly as an ACMI and wet lease charter airline serving the US, Caribbean and Latin American markets.
Cautionary Note Regarding Forward-Looking Information This news release contains “forward-looking information” concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, the Company’s intention to fly as an ACMI and wet lease charter airline, the destinations of its intended charter flights, the timeline to commencement of its charter flights, and the details of the arrangement with 3Sixty.
In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects” “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or ” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to commence airline operations, the accuracy, reliability and success of GlobalX’s business model; the timely receipt of governmental approvals; GlobalX concluding a definitive agreement for the Aircraft; the timely commencement of operations by GlobalX and the success of such operations; the legislative and regulatory environments of the jurisdictions where GlobalX will carry on business or have operations; the impact of competition and the competitive response to GlobalX’s business strategy; the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude a definitive agreement to acquire the Aircraft, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement GlobalX’s operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forwardlooking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.