05 Nov 2026
#1 November 2026: North American Aviation Newsletter
Global Crossing Airlines Reports 24% Third-Quarter Revenue Growth
Global Crossing Airlines reported third-quarter revenue of 71.8 million dollars, up 24% year-on-year, while returning to a small net profit after a loss in the same period last year. Improved aircraft availability supported operating performance, and the airline also added two Airbus A320s to revenue service in October.
AvAir Secures 170 Million Dollars In Revolving Credit Facilities
Arizona-based AvAir has secured 170 million dollars in new revolving credit facilities from six financial institutions. The financing will support working capital, inventory acquisitions, new capabilities and further development of the company’s global aviation aftermarket platform.
AAR Prices 1.915 Billion Dollar Senior Notes Offering
AAR Corporation has priced a senior notes offering totalling 1.915 billion dollars. The proceeds are expected to support its planned acquisition of a controlling interest in MRO Holdings, along with refinancing, transaction costs, and general corporate requirements.
American Airlines Restores Daily Service To Haiti
American Airlines has resumed daily non-stop service between Miami and Cap-Haïtien, restoring its presence in Haiti after more than six years. Cap-Haïtien becomes the airline’s 100th destination across its Caribbean and Latin American network, further strengthening Miami’s role as a regional gateway.
Acumen’s Take
On Global Crossing Airlines’ Third-Quarter Performance
GlobalX’s improved revenue and aircraft availability point to stronger operating utilisation across its fleet. Continued additions to revenue service can support further capacity growth, provided fleet availability and cost control remain stable.
On AvAir’s Financing
AvAir’s expanded credit facilities provide additional flexibility to invest in inventory and aftermarket capabilities. Access to working capital remains particularly important in the parts and MRO sector, where availability and speed of supply directly affect airline operations.
On AAR’s Senior Notes Offering
AAR’s financing underlines the scale of capital required to support consolidation in the global MRO market. The proposed acquisition of MRO Holdings could expand its maintenance footprint while increasing exposure to long-term aftermarket demand.
On American Airlines’ Return To Haiti
American’s return to Cap-Haïtien restores direct network connectivity between Haiti and one of the airline’s largest regional gateways. The route also reinforces Miami’s strategic role in serving Caribbean and Latin American markets.
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