Global Crossing Airlines (JETMF) 10-Q 9 Aug 23 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Aug. 08, 2023
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Registrant Name	Global Crossing Airlines Group Inc
Entity Central Index Key	0001846084
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity File Number	000-56409
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	86-2226137
Entity Address Address Line1	4200 NW 36th Street,
Entity Address, Address Line Two	Building 5A
Entity Address, Address Line Three	Miami International AirportMiami
Entity Address City Or Town	Miami
Entity Address State Or Province	FL
Entity Address Postal Zip Code	33166
City Area Code	786
Local Phone Number	751-8503
Document Quarterly Report	true
Document Transition Report	false
Undesignated Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		38,875,739
Class A Nonvoting Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		5,537,313
Class B Nonvoting Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		13,046,309

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 4,157,386	$ 1,875,673
Restricted cash	4,268,749	3,585,261
Accounts receivable, net of allowance	5,496,021	2,664,174
Prepaid expenses and other current assets	2,913,836	2,193,449
Current assets held for sale	704,777	1,405,741
Total Current Assets	17,540,769	11,724,298
Property and equipment, net	3,105,637	2,441,288
Finance leases, net	3,826,247	2,710,899
Operating lease right-of-use assets	61,602,362	27,952,609
Deposits and other assets	9,033,168	6,334,878
Total Assets	95,108,183	51,163,973
Current liabilities
Accounts payable	9,913,030	4,997,080
Accrued liabilities	13,122,583	9,458,629
Deferred revenue	7,778,549	3,200,664
Customer deposits	5,875,991	1,617,337
Current portion of notes payable	8,507,869	1,810,468
Current portion of long-term operating leases	9,148,095	6,445,915
Current portion of finance leases	488,342	335,527
Total current liabilities	54,834,459	27,865,621
Other liabilities
Note payable	596,572	5,081,294
Long-term operating leases	54,465,291	23,189,835
Other liabilities	3,307,364	2,282,892
Total other liabilities	58,369,227	30,554,020
Commitments and Contingencies
Equity (Deficit)
Common stock - $.001 par value; 200,000,000 authorized; 57,307,695 and 53,440,482 issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	57,308	53,440
Additional paid-in capital	33,473,220	30,774,197
Retained deficit	(51,626,030)	(38,083,304)
Total stockholders' equity (Deficit)	(18,095,502)	(7,255,667)
Total Liabilities and Equity (Deficit)	$ 95,108,183	$ 51,163,973

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	200,000,000	200,000,000
Common stock shares issued	57,307,695	53,440,482
Common stock shares outstanding	57,307,695	53,440,482

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Operating Revenue	$ 31,475,076	$ 17,441,980	$ 63,625,630	$ 33,821,992
Operating Expenses
Salaries, Wages, & Benefits	12,139,960	7,251,870	23,307,554	13,116,732
Aircraft Fuel	6,087,480	4,387,135	14,036,442	7,637,689
Maintenance, materials and repairs	1,766,857	964,352	3,325,581	2,155,175
Depreciation and amortization	443,016	79,898	886,155	103,212
Contracted ground and aviation services	5,201,126	3,087,023	10,053,937	6,037,266
Travel	1,346,980	830,208	3,600,813	2,125,530
Insurance	1,245,258	909,181	2,370,117	1,766,450
Aircraft Rent	6,830,359	3,834,230	12,474,387	7,193,904
Other	3,190,502	2,629,323	5,994,566	4,980,561
Total Operating Expenses	38,251,539	23,973,220	76,049,552	45,116,519
Operating Loss	(6,776,462)	(6,531,240)	(12,423,922)	(11,294,527)
Non-Operating Expenses
Interest Expense	694,560	234,417	1,118,806	250,631
Total Non-Operating Expenses	694,560	234,417	1,118,806	250,631
Loss before income taxes	(7,471,022)	(6,765,657)	(13,542,728)	(11,545,158)
Net Loss	$ (7,471,022)	$ (6,765,657)	$ (13,542,728)	$ (11,545,158)
Loss per share:
Basic	$ (0.13)	$ (0.13)	$ (0.24)	$ (0.22)
Diluted	$ (0.13)	$ (0.13)	$ (0.24)	$ (0.22)
Weighted average number of shares outstanding	56,857,629	51,505,095	55,680,815	51,373,939
Fully diluted shares outstanding	56,857,629	51,505,095	55,680,815	51,373,939

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)	Total	Common Stock	Additional Paid in Capital	Retained Deficit
Beginning balance at Dec. 31, 2021	$ 4,245,830	$ 51,237	$ 26,456,900	$ (22,262,307)
Beginning balance, shares at Dec. 31, 2021		51,237,876
Issuance of shares - warrants and options exercised	9,930	$ 21	9,909
Issuance of shares - warrants and options exercised, shares		20,700
Warrants issued	2,130,642		2,130,642
Share based compensation on stock options or RSUs	382,612		382,612
Loss for the period	(4,779,502)			(4,779,502)
Ending balance at Mar. 31, 2022	1,989,512	$ 51,258	28,980,063	(27,041,809)
Ending balance, shares at Mar. 31, 2022		51,258,576
Beginning balance at Dec. 31, 2021	4,245,830	$ 51,237	26,456,900	(22,262,307)
Beginning balance, shares at Dec. 31, 2021		51,237,876
Loss for the period	(11,545,158)
Ending balance at Jun. 30, 2022	(3,798,826)	$ 52,564	29,956,076	(33,807,466)
Ending balance, shares at Jun. 30, 2022		52,563,938
Beginning balance at Mar. 31, 2022	1,989,512	$ 51,258	28,980,063	(27,041,809)
Beginning balance, shares at Mar. 31, 2022		51,258,576
Issuance of shares - warrants and options exercised	$ 634,312	$ 1,306	633,006
Issuance of shares - warrants and options exercised, shares		1,305,362
Issuance of shares - options exercised, shares	33,333
Share based compensation on stock options or RSUs	$ 343,007		343,007
Loss for the period	(6,765,657)			(6,765,657)
Ending balance at Jun. 30, 2022	(3,798,826)	$ 52,564	29,956,076	(33,807,466)
Ending balance, shares at Jun. 30, 2022		52,563,938
Beginning balance at Dec. 31, 2022	(7,255,667)	$ 53,440	30,774,197	(38,083,304)
Beginning balance, shares at Dec. 31, 2022		53,440,482
Issuance of shares - options exercised	$ 67,256	$ 150	67,106
Issuance of shares - options exercised, shares	150,000	150,000
Issuance of shares - warrants exercised	$ 1,136,301	$ 2,499	1,133,802
Issuance of shares - warrants exercised, shares		2,499,453
Issuance of shares - share based compensation on RSUs	500,629	$ 208	500,421
Issuance of shares - share based compensation on RSUs, shares		208,416
Loss for the period	(6,071,704)			(6,071,704)
Ending balance at Mar. 31, 2023	(11,623,185)	$ 56,297	32,475,526	(44,155,008)
Ending balance, shares at Mar. 31, 2023		56,298,351
Beginning balance at Dec. 31, 2022	(7,255,667)	$ 53,440	30,774,197	(38,083,304)
Beginning balance, shares at Dec. 31, 2022		53,440,482
Loss for the period	(13,542,728)
Ending balance at Jun. 30, 2023	(18,095,502)	$ 57,308	33,473,220	(51,626,030)
Ending balance, shares at Jun. 30, 2023		57,307,695
Beginning balance at Mar. 31, 2023	(11,623,185)	$ 56,297	32,475,526	(44,155,008)
Beginning balance, shares at Mar. 31, 2023		56,298,351
Issuance of shares - warrants exercised	221,662	$ 228	221,434
Issuance of shares - warrants exercised, shares		227,630
Issuance of shares - share based compensation on RSUs	578,062	$ 482	577,580
Issuance of shares - share based compensation on RSUs, shares		481,593
Issuance of shares - ESPP	198,981	$ 301	198,680
Issuance of shares - ESPP, shares		300,121
Loss for the period	(7,471,022)			(7,471,022)
Ending balance at Jun. 30, 2023	$ (18,095,502)	$ 57,308	$ 33,473,220	$ (51,626,030)
Ending balance, shares at Jun. 30, 2023		57,307,695

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (13,542,728)	$ (11,545,158)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	893,988	103,210
Bad debt expense (recovery)	(17,540)	51,356
Gain on sale of spare parts	(107,117)
Amortization of debt issue costs	530,729
Amortization of operating lease right of use asset	3,646,948	1,913,191
Share-based payments	1,108,538	725,619
Foreign exchange (gain) loss	1,200	4,652
Loss on sale of property	135,772
Interest on finance leases	202,064
Changes in assets and liabilities
Accounts receivable	(2,931,205)	(488,316)
Assets held for sale	700,964
Prepaid expenses and other current assets	(684,068)	(563,886)
Accounts payable	4,767,261	1,362,684
Accrued liabilities and other liabilities	12,344,141	3,614,574
Operating lease obligations	(3,668,823)	(1,387,700)
Other liabilities	232,457
Net cash provided (used) in operating activities	3,612,581	(6,209,774)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(1,068,839)	(863,775)
Deposits, deferred costs and other assets	(2,969,133)	(1,889,235)
Net cash used in investing activities	(4,037,972)	(2,753,010)
CASH FLOWS FROM FINANCING ACTIVITIES
Payments to related party		(197,558)
Principal payments on finance leases	(220,895)
Proceeds on issuance of shares	1,594,353	644,242
Proceeds from note payable	2,017,134	5,925,529
Net cash provided by financing activities	3,390,592	6,372,213
Net increase (decrease) in cash, cash equivalents and restricted cash	2,965,201	(2,590,571)
Cash, cash equivalents and restricted cash - beginning of the period	5,460,934	7,994,001
Cash, cash equivalents and restricted cash - end of the period	8,426,135	5,403,430
Non-cash transactions
Right-of-use (ROU) assets acquired through operating leases	37,296,700	5,390,848
Equipment acquired through finance leases	1,334,004
Note Payable reductions through accounts receivable from sale of Assets held for sale	336,385
Cash paid for
Interest	$ 472,572	$ 15,665

Basis of Presentation and Going

Basis of Presentation and Going Concern	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Going Concern	1. BASIS OF PRESENTATION AND GOING CONCERN Global Crossing Airlines Group Inc. (the “Company” or “Global”) principal business activity is providing passenger and cargo aircraft to customers through aircraft operating service agreements including, crew, maintenance, insurance (“ACMI”) and charter services “Charter” serving the United States, Caribbean, Latin American and European markets. The condensed consolidated financial statements include the accounts of the Company, and its subsidiaries, Global Crossing Airlines, Inc. and Global Crossing Airlines Operations, LLC (collectively “Global USA”), GlobalX A320 Aircraft Acquisitions Corp. (“Acquisition A320”), GlobalX A321 Aircraft Acquisition Corp. (“Acquisition A321”), GlobalX Travel Technologies, Inc. (“Technologies”), GlobalX Air Tours, LLC (“GlobalX Tours”), LatinX Air S.A.S. and GlobalX Colombia S.A.S.. All intercompany transactions and balances have been eliminated on consolidation. The accompanying unaudited condensed consolidated financial statements and related notes (the “Financial Statements”) have been prepared in accordance with the U.S. Securities and Exchange Commission (the “SEC”) requirements for quarterly reports on Form 10-Q, and consequently exclude certain disclosures normally included in audited consolidated financial statements prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP). The Financial Statements should be read in conjunction with the audited consolidated financial statements and the notes included in the Company’s Annual Report on Form 10-K for the years ended December 31, 2022 and 2021, which includes additional disclosures and a summary of our significant accounting policies. The December 31, 2022, balance sheet data was derived from that Annual Report and may not include disclosures required for presentation in conformity with U.S. GAAP. In our opinion, these Financial Statements include all adjustments, consisting of normal recurring items, considered necessary by management to fairly state the Company’s results of operations, financial position, and cash flows Our quarterly results are subject to seasonal and other fluctuations, including fluctuations resulting from the global COVID-19 pandemic and the operating results for any quarter are therefore not necessarily indicative of results that may be otherwise expected for the entire year. The condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), on a going concern basis which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. As of June 30, 2023 , the Company had a working capital deficit of $ 37,293,689 and a retained deficit of $ 51,626,030 . The Company began flight operations in August 2021. Without ongoing income generation or additional financing, the Company will be unable to fund general and administrative expenses and working capital requirements for the next 12 months. These material uncertainties raise substantial doubt as to the Company’s ability to continue as a going concern. The Company is evaluating financing its future requirements through a combination of debt, equity and/or other facilities. There is no assurance that the Company will be able to obtain such financing or obtain them on favorable terms. The condensed consolidated financial statements do not reflect the adjustments to the carrying values of assets and liabilities and the reported expenses and statement of financial position classifications that would be necessary were the going concern assumption deemed to be inappropriate. These adjustments could be material.

New Accounting Standards

New Accounting Standards	6 Months Ended
	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
New Accounting Standards	2. NEW ACCOUNTING STANDARDS Recently Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The update requires the use of an “expected loss” model on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. For trade receivables, loans and held-to-maturity debt securities, entities will be required to estimate lifetime expected credit losses. For available-for-sale debt securities, entities will be required to recognize an allowance for credit losses rather than a reduction to the carrying value of the asset. ASU 2016-13 was initially effective for non- public companies for fiscal years and interim periods beginning after December 15, 2021, with early adoption permitted. In November 2019, the FASB issued ASU 2019-10, Financial Instruments-Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates, which delayed the effective date for certain entities, such as the Company, to apply ASU 2016-13 until fiscal years and interim periods beginning after December 15, 2022. The adoption of ASU 2016-13 had no impact on our consolidated financial statements.

Equity Method Investments

Equity Method Investments	6 Months Ended
	Jun. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	3. EQUITY METHOD INVESTMENTS The Company’s investments in affiliates accounted for using the equity method include an approximately 13 % ownership interest in Canada Jetlines Operations Ltd. (“Jetlines”) as of June 30, 2023. Investment in Canada Jetlines Operations Ltd.: On June 28, 2021, the Company completed the spin-out pursuant to the Arrangement under which the Company transferred 75 % of shares of Jetlines to Global shareholders. Global retained 25 % of the shares issued and outstanding of Jetlines and accounts for the investment in accordance with the equity method. As of June 30, 2023, the Company holds approximately 13 % ownership in Jetlines. Jetlines did not generate net income during the year ended on December 31, 2022 and the six months period ended on June 30, 2023 .

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	4. DEBT On January 27, 2023, the Company announced an up to $ 5.0 million loan (the "Loan") with a key investor to provide working capital and additional liquidity to support GlobalX’s rapidly growing operations. The net proceeds of the Loan will be used to further the business objectives of the Company and to secure additional aircraft for charter operations. As of June 30, 2023, the Company received $ 2.5 million from the loan. The terms of the promissory note (the "Note") issued in connection with Loan include: • a maturity date of 6 months from the date of issuance (the “Maturity Date”) and the principal amount of the Note, together with any accrued and unpaid interest, will be payable on the Maturity Date; • the Note bears interest at the rate of 20 % per annum, accruing monthly and payable on the Maturity Date; • the principal amount of the Note will be advanced in two tranches of $ 2.5 million each. The first tranche was advanced within one business day and the second tranche will be advanced after the Company delivers a draw down notice, but subject to the lender receiving internal approval for the second tranche; and • the Note is unsecured, is not convertible and provides for no warrants. On March 17, 2022, the Company entered into agreements (each a “Subscription Agreement”) pursuant to which the Company sold $ 6.0 million of its securities (the “Financing”). The securities sold in the Financing consisted of (1) non-convertible debentures (each, a “Debenture”) and (2) one common stock purchase warrant (each, a “Warrant”) for every US$ 1.24 of principal of the Debentures purchased for gross proceeds of up to $ 6.0 million. Each Warrant is exercisable into one share of common stock (each, a “Warrant Share”) at an exercise price of US$ 1.24 per Warrant Share with an exercise period of 24 months from the date of closing. The terms of the Debentures include: • a maturity date of 24 months from the date of issuance (the “Maturity Date”) and the principal amount of the Debentures, together with any accrued and unpaid interest, will be payable on the Maturity Date; • the Debentures bear interest (the “Interest”) at the rate of 15 % per annum, which Interest will be payable in cash quarterly in arrears; • the Company has the option to prepay the principal amount of the Debentures on 30 business days’ notice, provided that if repaid in the first year, the Company must provide a payment such that the holders of the Debentures receive at least 10 % premium on the principal amount, after deducting any prior Interest payments from such premium; and • it is intended that repayment by the Company of amounts owing under the Debentures will be secured by a secured lien on the tangible fixed assets of the Company The Company determined that the terms of the Warrants issued in the financing require the Warrants to be classified as equity. Accordingly, upon issuance, the Company recorded debt issuance costs of $ 2.2 million related to the Warrants along with a corresponding credit to additional paid in capital. As the Warrants are classified as equity warrants the Company will not remeasure the Warrants each accounting period. Since the Warrants may purchase a fixed number of shares for a fixed price, the Company chose to use the Black-Scholes option pricing model to value the warrants at issuance. The inputs selected are: underlying stock price at date of issuance of $ 1.04 per share, exercise price of $ 1.24 per share, expected term of 2 years , dividends of $ 0 , a risk free rate of - 0.6 %, and volatility of 143 %. The debt issuance costs resulting from the warrants along with other direct costs of the Financing will be amortized to interest expense using the effective interest method. As of June 30, 2023, Current Portion of Notes Payable includes the outstanding balance of $ 994,934 , in connection with the payment plan agreed by Global Crossing Airlines and GEM for the $ 2,000,000 CAD final settlement. See footnote 12. Subsequent Events for information about the new $ 35 million of senior secure notes due 2029 and pay-off of the existing debt as of June 30,2023.

Share Capital and Additional Pa

Share Capital and Additional Paid in Capital Authorized	6 Months Ended
	Jun. 30, 2023
Share Capital And Additional Paid In Capital Authorized [Abstract]
Share Capital and Additional Paid in Capital Authorized	5. SHARE CAPITAL AND ADDITIONAL PAID IN CAPITAL AUTHORIZED On July 12, 2021, the Company completed a share capital reorganization creating a new class of shares, Class B Non-Voting Common Stock. As of June 30, 2023 and December 31, 2022, the Company had 38,724,073 and 32,668,320 common shares, 5,537,313 and 5,537,313 Class A Non-Voting Common Shares, and 13,046,309 and 15,234,849 Class B Non-Voting Shares outstanding, respectively.

Warrants

Warrants	6 Months Ended
	Jun. 30, 2023
Warrants and Rights Note Disclosure [Abstract]
Warrants	6. WARRANTS Following is a summary of the warrant activity during the three and six months periods ended June 30, 2023 and 2022: Number of Weighted Outstanding, January 1, 2022 17,631,350 $ 1.05 Issued 4,838,707 1.24 Exercised ( 20,700 ) 0.49 Expired - - Outstanding, March 31, 2022 22,449,357 1.09 Issued - - Exercised ( 1,078,470 ) 0.48 Expired ( 40,261 ) 0.48 Outstanding, June 30, 2022 21,330,626 1.32 Outstanding, January 1, 2023 19,633,911 $ 1.18 Issued - - Exercised ( 2,499,453 ) 0.43 Expired - - Outstanding, March 31, 2023 17,134,458 1.29 Issued - - Exercised ( 227,630 ) 0.97 Expired ( 4,530,808 ) 0.99 Outstanding, June 30, 2023 12,376,020 1.40 As of June 30, 2022, the following common stock share purchase warrants were outstanding and exercisable: Outstanding Exercise Price Remaining life Expiry Date 1,685,375 USD$ 0.48 0.18 September 3, 2022 203,840 USD$ 0.62 0.82 April 26, 2023 4,882,838 USD$ 1.00 0.82 April 26, 2023 2,182,553 USD$ 0.39 0.84 May 4, 2023 4,838,707 USD$ 1.24 1.75 March 28, 2024 7,537,313 USD$ 1.50 3.83 April 29, 2026 21,330,626 As of June 30, 2023, the following common stock share purchase warrants were outstanding and exercisable: Outstanding Exercise Price Remaining life Expiry Date 4,838,707 USD$ 1.24 0.75 March 28, 2024 7,537,313 USD$ 1.50 2.83 April 29, 2026 12,376,020

Share Based Payments

Share Based Payments	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share Based Payments	7. SHARE-BASED PAYMENTS The maximum number of shares of common stock ("Voting Shares") issuable pursuant to share-based payment arrangements, including stock options, restricted share units and performance share units, is 9,400,000 . Stock options The Company grants stock options to directors, officers, employees and consultants as compensation for services, pursuant to its Amended Stock Option Plan (the “Stock Option Plan”). The maximum price shall not be less than the closing price of the Company’s shares on the last trading day preceding the date on which the grant of options is approved by the Board of Directors. Options have a maximum expiry period of ten years from the grant date. Vesting conditions are determined by the Board of Directors in its discretion with certain restrictions in accordance with the Stock Option Plan. The following is a summary of stock option activities for the three and six months periods ended June 30, 2023 and 2022: Number of stock Weighted average Weighted average Outstanding January 1, 2022 920,668 $ 0.25 $ 0.49 Granted — — — Exercised — — — Forfeited ( 16,667 ) 0.25 0.57 Outstanding, March 31, 2022 904,001 0.25 0.48 Granted — — — Exercised ( 33,333 ) 0.25 0.57 Forfeited — — — Outstanding, June 30, 2022 870,668 0.25 0.48 Outstanding January 1, 2023 820,668 $ 0.25 $ 0.34 Granted — — — Exercised ( 150,000 ) 0.48 0.16 Forfeited ( 200,000 ) 0.25 0.57 Outstanding, March 31, 2023 470,668 0.25 0.54 Granted — — — Exercised — — — Forfeited — — — Outstanding, June 30, 2023 470,668 0.25 0.54 As of June 30, 2022, the following stock options were outstanding and exercisable: Outstanding Exercisable Exercise Price Remaining life (years) Expiry Date 150,000 150,000 $ 0.48 1.00 June 29, 2023 670,668 670,668 $ 0.25 2.98 June 23, 2025 50,000 33,333 $ 0.62 3.24 September 23, 2025 870,668 854,001 As of June 30, 2023, the following stock options were outstanding and exercisable: Outstanding Exercisable Exercise Price Remaining life (years) Expiry Date 420,668 420,668 0.25 1.98 June 23, 2025 50,000 50,000 0.62 2.24 September 23, 2025 470,668 470,668    The Company recognizes share-based payments expense for all stock options granted based on the grant date fair value with the expense recognized ratably over the service period. The fair value of stock options is determined by the Black-Scholes Option Pricing Model with assumptions for risk-free interest rates, dividend yields, volatility factors of the expected market price of the Company’s shares, forfeiture rate, and expected life of the options. There were no stock options granted during the three and six months ended June 30, 2023 and 2022. Restricted share units The Company grants restricted share units (“RSUs”) to directors, officers, employees and consultants as compensation for services, pursuant to its Amended RSU Plan (the “RSU Plan”). One restricted share unit has the same value as a Voting Share. The number of RSUs awarded and underlying vesting conditions are determined by the Board of Directors in its discretion. At the election of the Board of Directors, upon each vesting date, participants receive (a) the issuance of Voting Shares from treasury equal to the number of RSUs vesting, or (b) a cash payment equal to the number of vested RSUs multiplied by the fair market value of a Voting Share, calculated as the closing price of the Voting Shares on the NEO exchange for the trading day immediately preceding such payment date; or (c) a combination of (a) and (b). On the grant date of RSUs, the Company determines whether it has a present obligation to settle in cash. If the Company has a present obligation to settle in cash, the RSUs are accounted for as liabilities, with the fair value remeasured at the end of each reporting period and at the date of settlement, with any changes in fair value recognized in profit or loss for the period. The Company has a present obligation to settle in cash if the choice of settlement in shares has no commercial substance, or the Company has a past practice or a stated policy of settling in cash, or generally settles in cash whenever the counterpart asks for cash settlement. If no such obligation exists, RSUs are accounted for as equity settled share-based payments and are valued using the share price on grant date. Upon settlement: a. If the Company elects to settle in cash, the cash payment is accounted for as the repurchase of an equity interest (i.e. as a deduction from equity), except as noted in (c) below. b. If the Company elects to settle by issuing shares, the value of RSUs initially recognized in reserves is reclassified to capital, except as noted in (c) below. c. If the Company elects the settlement alternative with the higher fair value, As of the date of settlement, the Company recognizes an additional expense for the excess value given (i.e. the difference between the cash paid and the fair value of shares that would otherwise have been issued, or the difference between the fair value of the shares and the amount of cash that would otherwise have been paid, whichever is applicable). The following is a summary of RSU activities for the three and six months periods ended June 30, 2023 and 2022: Number of RSUs Weighted average grant date fair value per RSU Outstanding, January 1, 2022 2,067,500 $ 1.16 Granted 620,000 1.37 Issuance of common stock — — Forfeited ( 400,000 ) 1.48 Outstanding March 31, 2022 2,287,500 1.02 Granted — — Issuance of common stock — — Forfeited ( 115,000 ) 1.79 Outstanding June 30, 2022 2,172,500 1.47 Outstanding, January 1, 2023 3,305,837 $ 1.14 Granted 1,687,777 0.97 Issuance of common stock ( 400,542 ) 1.04 Forfeited ( 129,315 ) 0.96 Outstanding March 31, 2023 4,463,757 1.10 Granted 1,155,000 0.97 Issuance of common stock ( 467,500 ) 0.91 Forfeited ( 378,334 ) 1.01 Outstanding June 30, 2023 4,772,923 1.01 During the three and six months ended June 30, 2023 , the Company recognized share-based payments expense with respect of stock options and RSUs of $ 607,908 and $ 1,108,538 , respectively. During the three and six months ended June 30, 2022, the Company recognized share-based payments expense with respect to stock options and RSUs of $ 343,007 and $ 725,619 , respectively. The remaining compensation that has not been recognized as of June 30, 2023 with regards to RSUs and the weighted average period they will be recognized are $ 3,767,328 and 2.18 years.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	8. INCOME TAXES The Company’s expected effective tax rate for the three and six months periods ended June 30, 2023 , and 2022 was 0 %. The effective tax rate varies from the statutory rate due to the change in the valuation allowance.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. COMMITMENTS AND CONTINGENCIES The Company has contractual obligations and commitments primarily with regard to management and development services, lease arrangements and financing arrangements. On October 14, 2021, the Company entered into a lease agreement for an A321f cargo aircraft. The ten year lease term commenced on January 24, 2023 . Under the agreement, the Company will pay the lessor a fixed monthly rent for 72 months , plus supplemental rent for maintenance of the aircraft. On January 27, 2023, t he Company entered into a lease agreement for an A320 passenger aircraft. The six year lease term commenced on April 21, 2023 . Under the agreement, the Company will pay the lessor a fixed monthly rent for 72 months , plus supplemental rent for maintenance of the aircraft. On June 21 , 2022, the Company entered into a lease agreement for a second A321f cargo aircraft. The eight year lease term commenced on June 1, 2023 . Under the agreement, the Company will pay the lessor a fixed monthly rent for 96 months , plus supplemental rent for maintenance of the aircraft. On February 24, 2023, the Company entered into a lease agreement for an A330 passenger aircraft and paid commitment fees to the lessor. The lease will commence upon aircraft delivery which is expected to be in 2024 and will run through 74 months from delivery date. In addition to basic rent due, the Company will pay the lessor supplemental rent for maintenance of the aircraft. On June 16 , 2023, the Company signed a lease agreement for an A320 passenger aircraft and paid commitment fees to the lessor. The lease will commence upon aircraft delivery which is expected to be in August 2023 and will run through 48 months from delivery date. In addition to basic rent due, the Company will pay the lessor supplemental rent for maintenance of aircraft equipment. On July 27 , 2023, the Company signed a lease agreement for an A320 passenger aircraft and paid commitment fees to the lessor. The lease will commence upon aircraft delivery which is expected to be between October 2023 and March 2024 and will run through the next heavy maintenance visit reached (estimated to be in February 2028 ) from delivery date. In addition to basic rent due, the Company will pay the lessor supplemental rent for maintenance of aircraft equipment. During the six months ended June 30, 2023 , the Company entered into ten finance lease agreements for equipment to support the Company's technical operations. Payments under these finance lease agreements are fixed for terms of 5 years . The following table provides details of the Company's future minimum lease payments under finance lease liabilities and operating lease liabilities recorded on the Company's condensed consolidated balance sheets as of June 30, 2023. The table does not include commitments that are contingent on events or other factors that are currently uncertain or unknown. Finance Leases Operating Leases Remainder of 2023 $ 443,839 $ 8,358,750 2024 887,679 15,557,500 2025 887,679 15,455,000 2026 887,679 14,322,100 2027 770,680 11,510,000 2028 and thereafer 1,038,380 27,205,710 Total minimum lease payments 4,915,936 92,409,060 Less amount representing interest 1,346,860 28,795,674 Present value of minimum lease payments 3,569,076 63,613,386 Less current portion 488,342 9,148,095 Long-term portion 3,080,734 54,465,291 The table below presents information for lease costs related to the Company's finance and operating leases: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Finance lease cost Amortization of leased assets $ 104,646 $ - $ 218,655 $ - Interest of lease liabilities 101,429 — 202,064 — Operating lease cost Operating lease cost (1) 1,799,976 2,061,074 3,646,948 1,913,191 Total lease cost 2,006,051 2,061,074 4,067,667 1,913,191 (1) Expenses are classified within Aircraft Rent on the Company's condensed consolidated statements of operations. The Company utilizes the rate implicit in the lease whenever it is easily determined. For leases where the implicit rate is not readily available, we utilize our incremental borrowing rate as the discount rate. The table below presents lease terms and discount rates related to the Company's finance and operating leases: June 30, 2023 June 30, 2022 Weighted-average remaining lease term Operating leases 6.52 years 4.81 years Finance leases 5.71 years — Weighted-average discount rate Operating leases 12.12 % 10.55 % Finance leases 12.16 % — The table below presents cash and non-cash activities associated with our leases: Six Months Ended June 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 3,668,823 $ 1,387,700 Financing cash flows from finance leases 220,895 — The Company is subject to various legal proceedings in the normal course of business and records legal costs as incurred. Management believes these proceedings will not have a materially adverse effect on the Company.

Loss Per Share

Loss Per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Loss Per Share	10. LOSS PER SHARE Basic earnings per share, which excludes dilution, is computed by dividing net income or loss attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The number of incremental shares from the assumed issuance of shares relating to share-based awards is calculated by applying the treasury stock method. The following table shows the computation of basic and diluted earnings per share for the three months ended June 30, 2023 and 2022: Three Months Ended Three Months Ended Numerator: Net income (loss) $ ( 7,471,022 ) $ ( 6,765,657 ) Denominator: Weighted average common shares outstanding - Basic 56,857,629 51,505,095 Dilutive effect of stock options and warrants — — Weighted average common shares outstanding - Diluted 56,857,629 51,505,095 Basic loss per share $ ( 0.13 ) $ ( 0.13 ) Diluted loss per share $ ( 0.13 ) $ ( 0.13 ) The following table shows the computation of basic and diluted earnings per share for the six months ended June 30, 2023 and 2022: Six Months Ended Six Months Ended Numerator: Net loss $ ( 13,542,728 ) $ ( 11,545,158 ) Denominator: Weighted average common shares outstanding - Basic 55,680,815 51,373,939 Dilutive effect of stock options and warrants — — Weighted average common shares outstanding - Diluted 55,680,815 51,373,939 Basic loss per share $ ( 0.24 ) $ ( 0.22 ) Diluted loss per share $ ( 0.24 ) $ ( 0.22 ) There were 12,376,020 warrants, 470,668 options, and 4,772,923 RSUs outstanding at June 30, 2023 and 21,330,626 warrants, 870,668 options and 2,172,500 RSUs outstanding at June 31, 2022 that were excluded from the calculation of diluted EPS. The Company excluded the warrants, options and RSUs from the calculation of diluted EPS for the three and six months ended June 30, 2023 and 2022, as inclusion would have an anti-dilutive effect.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	11. RELATED PARTY TRANSACTIONS On June 28, 2021, the Company completed the spin-out pursuant to the Arrangement under which the Company transferred 75 % of shares of its wholly owned subsidiary, Canada Jetlines Operations Ltd. ("Jetlines") to Global shareholders. Global retained 25 % of the shares issued and outstanding of Jetlines and accounts for the investment in accordance with the equity method. As of June 30, 2023 , Global Crossing Airlines hold approximately 13 % of the outstanding at June 30, 2023. Currently, Global continues to provide back-office support including sharing the costs of the Company’s aircraft fleet management software (TRAX). Related parties and related party transactions impacting the consolidated financial statements not disclosed elsewhere in these consolidated financial statements are summarized below and include transactions with the following individuals or entities: As of June 30, 2023 and December 31, 2022, amounts due to related parties include the following: a. Global earned and was owed $ 268,740 and $ 110,177 , respectively, in relation to shared TRAX services with Canada Jetlines LLC. Other Related Party Transactions and Balances The amounts due to related parties are unsecured, non-interest bearing and have no stated terms of repayment. Smartlynx Airlines Malta Limited is an entity who holds approximately 4 % of issued and outstanding shares. The Company made advanced payments totaling $ 250,000 to Smartlynx as security deposit for one passenger aircraft and it is included in deposits and other assets on the consolidated balance sheets as of June 30, 2023 and December 31, 2022.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	12. SUBSEQUENT EVENTS On July 3, 2023, the Company voluntarily dissolved GlobalX Ground Team LLC. The Company had a 50 % interest in GlobalX Ground Team LLC and the dissolution had no impact in the Company's financial statements. On August 2, 2023, the Company announced the closing of the placement of $ 35 million of senior secure notes due 2029. The terms of the senior secure notes include: • a term of 6 years and maturity date of June 30, 2029 ; • the notes bears interest at a fixed rate of 15 % per annum and include an upfront fee of 2 % of the principal payment; • the Company is permitted to prepay all (but not less than all) of the notes beginning on July 1, 2025 subject to a redemption premium; • the investors will be issued 10 million warrants, each exercisable into one share of Class A common stock at an exercise price of $ 1.00 per share, with such warrants expiring on June 30, 2030 ; • each of the Company's material subsidiaries will guarantee the notes; the notes and the related guarantees will be secured by a lien on substantially all of the property and assets of the Company and the guarantors of the notes.

New Accounting Standards (Polic

New Accounting Standards (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
Recently Adopted Accounting Standards and Recently Issued Accounting Standards	Recently Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The update requires the use of an “expected loss” model on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. For trade receivables, loans and held-to-maturity debt securities, entities will be required to estimate lifetime expected credit losses. For available-for-sale debt securities, entities will be required to recognize an allowance for credit losses rather than a reduction to the carrying value of the asset. ASU 2016-13 was initially effective for non- public companies for fiscal years and interim periods beginning after December 15, 2021, with early adoption permitted. In November 2019, the FASB issued ASU 2019-10, Financial Instruments-Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates, which delayed the effective date for certain entities, such as the Company, to apply ASU 2016-13 until fiscal years and interim periods beginning after December 15, 2022. The adoption of ASU 2016-13 had no impact on our consolidated financial statements.

Warrants (Tables)

Warrants (Tables)	6 Months Ended
	Jun. 30, 2023
Warrants and Rights Note Disclosure [Abstract]
Summary of Warrant Activity	Following is a summary of the warrant activity during the three and six months periods ended June 30, 2023 and 2022: Number of Weighted Outstanding, January 1, 2022 17,631,350 $ 1.05 Issued 4,838,707 1.24 Exercised ( 20,700 ) 0.49 Expired - - Outstanding, March 31, 2022 22,449,357 1.09 Issued - - Exercised ( 1,078,470 ) 0.48 Expired ( 40,261 ) 0.48 Outstanding, June 30, 2022 21,330,626 1.32 Outstanding, January 1, 2023 19,633,911 $ 1.18 Issued - - Exercised ( 2,499,453 ) 0.43 Expired - - Outstanding, March 31, 2023 17,134,458 1.29 Issued - - Exercised ( 227,630 ) 0.97 Expired ( 4,530,808 ) 0.99 Outstanding, June 30, 2023 12,376,020 1.40
Schedule of Common Stock Share Purchase Warrants Outstanding and Exercisable	As of June 30, 2022, the following common stock share purchase warrants were outstanding and exercisable: Outstanding Exercise Price Remaining life Expiry Date 1,685,375 USD$ 0.48 0.18 September 3, 2022 203,840 USD$ 0.62 0.82 April 26, 2023 4,882,838 USD$ 1.00 0.82 April 26, 2023 2,182,553 USD$ 0.39 0.84 May 4, 2023 4,838,707 USD$ 1.24 1.75 March 28, 2024 7,537,313 USD$ 1.50 3.83 April 29, 2026 21,330,626 As of June 30, 2023, the following common stock share purchase warrants were outstanding and exercisable: Outstanding Exercise Price Remaining life Expiry Date 4,838,707 USD$ 1.24 0.75 March 28, 2024 7,537,313 USD$ 1.50 2.83 April 29, 2026 12,376,020

Share Based Payments (Tables)

Share Based Payments (Tables)	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activities	The following is a summary of stock option activities for the three and six months periods ended June 30, 2023 and 2022: Number of stock Weighted average Weighted average Outstanding January 1, 2022 920,668 $ 0.25 $ 0.49 Granted — — — Exercised — — — Forfeited ( 16,667 ) 0.25 0.57 Outstanding, March 31, 2022 904,001 0.25 0.48 Granted — — — Exercised ( 33,333 ) 0.25 0.57 Forfeited — — — Outstanding, June 30, 2022 870,668 0.25 0.48 Outstanding January 1, 2023 820,668 $ 0.25 $ 0.34 Granted — — — Exercised ( 150,000 ) 0.48 0.16 Forfeited ( 200,000 ) 0.25 0.57 Outstanding, March 31, 2023 470,668 0.25 0.54 Granted — — — Exercised — — — Forfeited — — — Outstanding, June 30, 2023 470,668 0.25 0.54
Summary of Stock Options Outstanding and Exercisable	As of June 30, 2022, the following stock options were outstanding and exercisable: Outstanding Exercisable Exercise Price Remaining life (years) Expiry Date 150,000 150,000 $ 0.48 1.00 June 29, 2023 670,668 670,668 $ 0.25 2.98 June 23, 2025 50,000 33,333 $ 0.62 3.24 September 23, 2025 870,668 854,001 As of June 30, 2023, the following stock options were outstanding and exercisable: Outstanding Exercisable Exercise Price Remaining life (years) Expiry Date 420,668 420,668 0.25 1.98 June 23, 2025 50,000 50,000 0.62 2.24 September 23, 2025 470,668 470,668   
Summary of RSU Activities	The following is a summary of RSU activities for the three and six months periods ended June 30, 2023 and 2022: Number of RSUs Weighted average grant date fair value per RSU Outstanding, January 1, 2022 2,067,500 $ 1.16 Granted 620,000 1.37 Issuance of common stock — — Forfeited ( 400,000 ) 1.48 Outstanding March 31, 2022 2,287,500 1.02 Granted — — Issuance of common stock — — Forfeited ( 115,000 ) 1.79 Outstanding June 30, 2022 2,172,500 1.47 Outstanding, January 1, 2023 3,305,837 $ 1.14 Granted 1,687,777 0.97 Issuance of common stock ( 400,542 ) 1.04 Forfeited ( 129,315 ) 0.96 Outstanding March 31, 2023 4,463,757 1.10 Granted 1,155,000 0.97 Issuance of common stock ( 467,500 ) 0.91 Forfeited ( 378,334 ) 1.01 Outstanding June 30, 2023 4,772,923 1.01

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Summary of Future Minimum Lease Payments under Finance and Operating Lease Liabilities	The following table provides details of the Company's future minimum lease payments under finance lease liabilities and operating lease liabilities recorded on the Company's condensed consolidated balance sheets as of June 30, 2023. The table does not include commitments that are contingent on events or other factors that are currently uncertain or unknown. Finance Leases Operating Leases Remainder of 2023 $ 443,839 $ 8,358,750 2024 887,679 15,557,500 2025 887,679 15,455,000 2026 887,679 14,322,100 2027 770,680 11,510,000 2028 and thereafer 1,038,380 27,205,710 Total minimum lease payments 4,915,936 92,409,060 Less amount representing interest 1,346,860 28,795,674 Present value of minimum lease payments 3,569,076 63,613,386 Less current portion 488,342 9,148,095 Long-term portion 3,080,734 54,465,291
Schedule of Lease Costs Related to Finance and Operating Leases	The table below presents information for lease costs related to the Company's finance and operating leases: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Finance lease cost Amortization of leased assets $ 104,646 $ - $ 218,655 $ - Interest of lease liabilities 101,429 — 202,064 — Operating lease cost Operating lease cost (1) 1,799,976 2,061,074 3,646,948 1,913,191 Total lease cost 2,006,051 2,061,074 4,067,667 1,913,191 (1) Expenses are classified within Aircraft Rent on the Company's condensed consolidated statements of operations.
Schedule of Lease Terms and Discount Rates Related to Finance and Operating Leases	The table below presents lease terms and discount rates related to the Company's finance and operating leases: June 30, 2023 June 30, 2022 Weighted-average remaining lease term Operating leases 6.52 years 4.81 years Finance leases 5.71 years — Weighted-average discount rate Operating leases 12.12 % 10.55 % Finance leases 12.16 % —
Schedule of Cash and Non-cash Activities Associated with Leases	The table below presents cash and non-cash activities associated with our leases: Six Months Ended June 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 3,668,823 $ 1,387,700 Financing cash flows from finance leases 220,895 —

Loss Per Share (Tables)

Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Share	The following table shows the computation of basic and diluted earnings per share for the three months ended June 30, 2023 and 2022: Three Months Ended Three Months Ended Numerator: Net income (loss) $ ( 7,471,022 ) $ ( 6,765,657 ) Denominator: Weighted average common shares outstanding - Basic 56,857,629 51,505,095 Dilutive effect of stock options and warrants — — Weighted average common shares outstanding - Diluted 56,857,629 51,505,095 Basic loss per share $ ( 0.13 ) $ ( 0.13 ) Diluted loss per share $ ( 0.13 ) $ ( 0.13 ) The following table shows the computation of basic and diluted earnings per share for the six months ended June 30, 2023 and 2022: Six Months Ended Six Months Ended Numerator: Net loss $ ( 13,542,728 ) $ ( 11,545,158 ) Denominator: Weighted average common shares outstanding - Basic 55,680,815 51,373,939 Dilutive effect of stock options and warrants — — Weighted average common shares outstanding - Diluted 55,680,815 51,373,939 Basic loss per share $ ( 0.24 ) $ ( 0.22 ) Diluted loss per share $ ( 0.24 ) $ ( 0.22 )

Basis of Presentation and Goi_2

Basis of Presentation and Going Concern - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ 37,293,689
Retained deficit	$ (51,626,030)	$ (38,083,304)

Equity Method Investments - Add

Equity Method Investments - Additional Information (Details)	Jun. 30, 2023
Canada Jetlines Operations Ltd [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment ownership percentage	13%

Equity Method Investments - A_2

Equity Method Investments - Additional Information (Details1) - Canada Jetlines Operations Ltd.	Jun. 30, 2023	Jun. 28, 2021
Schedule Of Equity Method Investments [Line Items]
Percentage of shares transferred		75%
Percentage of shares retained		25%
Equity method investment ownership percentage	13%

Debt - Additional Information (

Debt - Additional Information (Details)	Aug. 02, 2023 USD ($)	Jan. 27, 2023 USD ($)	Mar. 17, 2022 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares	Jun. 30, 2023 CAD ($)	Mar. 31, 2023 $ / shares	Dec. 31, 2022 USD ($) $ / shares	Jun. 30, 2022 $ / shares	Mar. 31, 2022 $ / shares	Dec. 31, 2021 $ / shares
Debt Instrument [Line Items]
Loan		$ 5,000,000		$ 2,500,000
Term of facility		6 months
Interest rate of loan		20%
Number of common stock purchase warrant into which each warrant or right may be converted | shares			1
Warrant principal conversion amount			$ 1.24
Warrant exercise price | $ / shares			$ 1.24	$ 1.4		$ 1.29	$ 1.18	$ 1.32	$ 1.09	$ 1.05
Class of warrant exercise period			24 months
Current portion of notes payable				$ 8,507,869			$ 1,810,468
GEM
Debt Instrument [Line Items]
Current portion of notes payable				$ 994,934	$ 2,000,000
Tranche One
Debt Instrument [Line Items]
Loan		$ 2,500,000
Tranche Two
Debt Instrument [Line Items]
Loan		$ 2,500,000
Stock Price
Debt Instrument [Line Items]
Warrant measurement input, price per share | $ / shares				$ 1.04
Exercise Price
Debt Instrument [Line Items]
Warrant measurement input, price per share | $ / shares				$ 1.24
Expected Term
Debt Instrument [Line Items]
Warrants, measurement input, term				2 years	2 years
Expected Dividend
Debt Instrument [Line Items]
Warrants, expected dividend				$ 0
Risk Free Interest Rate
Debt Instrument [Line Items]
Warrants, measurement input				(0.006)	(0.006)
Volatility
Debt Instrument [Line Items]
Warrants, measurement input				1.43	1.43
Warrant
Debt Instrument [Line Items]
Debt issuance costs			$ 2,200,000
Debentures
Debt Instrument [Line Items]
Debt instrument term			24 months
Debt instrument interest rate			15%
Prepayment period for principal amount of debentures			30 days
Minimum percentage premium on principal amount			10%
Senior Secure Notes Due 2029 | Subsequent Event
Debt Instrument [Line Items]
Debt instrument term	6 years
Principal amount	$ 35,000,000
Subscription Agreement
Debt Instrument [Line Items]
Proceeds from issuance of securities			$ 6,000,000
Maximum
Debt Instrument [Line Items]
Proceeds from issuance of warrant exercise			$ 6,000,000

Share Capital and Additional _2

Share Capital and Additional Paid in Capital Authorized - Additional Information (Details) - shares	Jun. 30, 2023	Dec. 31, 2022
Voting common shares outstanding	38,724,073	32,668,320
Class A
Non-voting shares outstanding	5,537,313	5,537,313
Class B
Non-voting shares outstanding	13,046,309	15,234,849

Warrants - Summary of Warrant A

Warrants - Summary of Warrant Activity (Details) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Class Of Warrant Or Right [Line Items]
Number of Share Purchase Warrants Outstanding, Beginning balance	17,134,458	19,633,911	22,449,357	17,631,350
Number of Share Purchase Warrants, Issued				4,838,707
Number of Share Purchase Warrants, Exercised	(227,630)	(2,499,453)	(1,078,470)	(20,700)
Number of Share Purchase Warrants, Expired	(4,530,808)		(40,261)
Number of Share Purchase Warrants Outstanding, Ending balance	12,376,020	17,134,458	21,330,626	22,449,357
Weighted Average Exercise Price Outstanding, Beginning balance	$ 1.29	$ 1.18	$ 1.09	$ 1.05
Weighted Average Exercise Price, Issued				1.24
Weighted Average Exercise Price, Exercised	0.97	0.43	0.48	0.49
Weighted Average Exercise Price, Expired	0.99		0.48
Weighted Average Exercise Price Outstanding, Ending balance	$ 1.4	$ 1.29	$ 1.32	$ 1.09

Warrants - Schedule of Common S

Warrants - Schedule of Common Stock Share Purchase Warrants Outstanding and Exercisable (Details) - $ / shares	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Mar. 17, 2022	Dec. 31, 2021
Class Of Warrant Or Right [Line Items]
Outstanding	12,376,020	21,330,626	17,134,458	19,633,911	22,449,357		17,631,350
Exercise Price	$ 1.4	$ 1.32	$ 1.29	$ 1.18	$ 1.09	$ 1.24	$ 1.05
Exercise Price One
Class Of Warrant Or Right [Line Items]
Outstanding	4,838,707	1,685,375
Exercise Price	$ 1.24	$ 0.48
Remaining life (years)	9 months	2 months 4 days
Expiry Date	Mar. 28, 2024	Sep. 03, 2022
Exercise Price Two
Class Of Warrant Or Right [Line Items]
Outstanding	7,537,313	203,840
Exercise Price	$ 1.5	$ 0.62
Remaining life (years)	2 years 9 months 29 days	9 months 25 days
Expiry Date	Apr. 29, 2026	Apr. 26, 2023
Exercise Price Three
Class Of Warrant Or Right [Line Items]
Outstanding		4,882,838
Exercise Price		$ 1
Remaining life (years)		9 months 25 days
Expiry Date		Apr. 26, 2023
Exercise Price Four
Class Of Warrant Or Right [Line Items]
Outstanding		2,182,553
Exercise Price		$ 0.39
Remaining life (years)		10 months 2 days
Expiry Date		May 04, 2023
Exercise Price Five
Class Of Warrant Or Right [Line Items]
Outstanding		4,838,707
Exercise Price		$ 1.24
Remaining life (years)		1 year 9 months
Expiry Date		Mar. 28, 2024
Exercise Price Six
Class Of Warrant Or Right [Line Items]
Outstanding		7,537,313
Exercise Price		$ 1.5
Remaining life (years)		3 years 9 months 29 days
Expiry Date		Apr. 29, 2026

Share Based Payments - Addition

Share Based Payments - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum number of Voting Shares issuable pursuant to share-based payment arrangements	9,400,000		9,400,000
Stock options granted	0	0	0	0
Share-based payments expense	$ 607,908	$ 343,007	$ 1,108,538	$ 725,619
Stock Options
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Options expiry period			10 years
Share based compensation not yet recognized	$ 3,767,328		$ 3,767,328
Share based compensation not yet recognized, weighted average period			2 years 2 months 4 days

Share Based Payments - Summary

Share Based Payments - Summary of Stock Option Activities (Details)	3 Months Ended				6 Months Ended
	Jun. 30, 2023 $ / shares shares	Mar. 31, 2023 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Mar. 31, 2022 $ / shares shares	Jun. 30, 2023 $ / shares shares	Jun. 30, 2022 $ / shares shares
Share-Based Payment Arrangement [Abstract]
Number of stock options outstanding, Beginning balance | shares	470,668	820,668	904,001	920,668	820,668	920,668
Number of stock options, Granted | shares	0		0		0	0
Number of stock options, Exercised | shares		(150,000)	(33,333)
Number of stock options, Forfeited | shares		(200,000)		(16,667)
Number of stock options outstanding, Ending balance | shares	470,668	470,668	870,668	904,001	470,668	870,668
Weighted average exercise price outstanding, Beginning balance	$ 0.25	$ 0.25	$ 0.25	$ 0.25	$ 0.25	$ 0.25
Weighted average exercise price, Exercised		0.48	0.25
Weighted average exercise price, Forfeited		0.25		0.25
Weighted average exercise price outstanding, Ending balance	0.25	0.25	0.25	0.25	0.25	0.25
Weighted average grant date fair value outstanding, Beginning balance	0.54	$ 0.34	$ 0.48	0.49	0.34	0.49
Weighted average grant date fair value, Exercised | $		0.16	0.57
Weighted average grant date fair value, Forfeited		$ 0.57		0.57
Weighted average grant date fair value outstanding, Ending balance	$ 0.54	$ 0.54	$ 0.48	$ 0.48	$ 0.54	$ 0.48

Share Based Payments - Summar_2

Share Based Payments - Summary of Stock Options Outstanding and Exercisable (Details) - $ / shares	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock options, Outstanding	470,668	870,668
Stock options, Exercisable	470,668	854,001
Exercise Price One
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock options, Outstanding	420,668	150,000
Stock options, Exercisable	420,668	150,000
Stock options outstanding, Exercise Price	$ 0.25	$ 0.48
Stock options exercisable, Exercise Price	$ 0.25	$ 0.48
Stock options outstanding, Remaining life (years)	1 year 11 months 23 days	1 year
Stock options exercisable, Remaining life (years)	1 year 11 months 23 days	1 year
Expiry Date	Jun. 23, 2025	Jun. 29, 2023
Exercise Price Two
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock options, Outstanding	50,000	670,668
Stock options, Exercisable	50,000	670,668
Stock options outstanding, Exercise Price	$ 0.62	$ 0.25
Stock options exercisable, Exercise Price	$ 0.62	$ 0.25
Stock options outstanding, Remaining life (years)	2 years 2 months 26 days	2 years 11 months 23 days
Stock options exercisable, Remaining life (years)	2 years 2 months 26 days	2 years 11 months 23 days
Expiry Date	Sep. 23, 2025	Jun. 23, 2025
Exercise Price Three
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock options, Outstanding		50,000
Stock options, Exercisable		33,333
Stock options outstanding, Exercise Price		$ 0.62
Stock options exercisable, Exercise Price		$ 0.62
Stock options outstanding, Remaining life (years)		3 years 2 months 26 days
Stock options exercisable, Remaining life (years)		3 years 2 months 26 days
Expiry Date		Sep. 23, 2025

Share Based Payments - Summar_3

Share Based Payments - Summary of RSU Activities (Details) - RSUs - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of RSUs Outstanding, Beginning balance	4,463,757	3,305,837	2,287,500	2,067,500
Number of RSUs, Granted	1,155,000	1,687,777		620,000
Number of RSUs, Issuance of common stock	(467,500)	(400,542)
Number of RSUs, Forfeited	(378,334)	(129,315)	(115,000)	(400,000)
Number of RSUs Outstanding, Ending balance	4,772,923	4,463,757	2,172,500	2,287,500
Weighted average grant date fair value per RSU Outstanding, Beginning balance	$ 1.1	$ 1.14	$ 1.02	$ 1.16
Weighted average grant date fair value per RSU, Granted	0.97	0.97		1.37
Weighted average grant date fair value per RSU, Issuance of common stock	0.91	1.04
Weighted average grant date fair value per RSU, Forfeited	1.01	0.96	1.79	1.48
Weighted average grant date fair value per RSU Outstanding, Ending balance	$ 1.01	$ 1.1	$ 1.47	$ 1.02

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Effective tax rate	0%	0%	0%	0%

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Jul. 27, 2023 Aircraft	Jun. 01, 2023	Apr. 21, 2023	Jan. 27, 2023 Aircraft	Jan. 24, 2023	Jun. 21, 2022 Aircraft	Oct. 14, 2021 Aircraft	Jun. 30, 2023 Lease	Jun. 16, 2023 Aircraft	Feb. 24, 2023 Aircraft
Other Commitments [Line Items]
Number of finance lease agreements | Lease								10
Aircraft Lease Agreement One
Other Commitments [Line Items]
Number of aircraft leased							1
Lease term					10 years
lease term commenced					Jan. 24, 2023
Number of months fixed monthly rent to be paid							72 months
Aircraft Lease Agreement Two
Other Commitments [Line Items]
Number of aircraft leased				1
Lease term			6 years
lease term commenced			Apr. 21, 2023
Number of months fixed monthly rent to be paid				72 months
Aircraft Lease Agreement Three
Other Commitments [Line Items]
Number of aircraft leased						1
Lease term		8 years
lease term commenced		Jun. 01, 2023
Number of months fixed monthly rent to be paid						96 months
Aircraft Lease Agreement Four
Other Commitments [Line Items]
Number of aircraft leased										1
Lease term										74 months
Aircraft Lease Agreement Five
Other Commitments [Line Items]
Number of aircraft leased									1
Lease term									48 months
Aircraft Lease Agreement Six | Subsequent Event
Other Commitments [Line Items]
Number of aircraft leased	1
Lease expiration period	2028-02
Maximum
Other Commitments [Line Items]
Finance lease agreement terms								5 years

Commitments and Contingencies_2

Commitments and Contingencies - Summary of Future Minimum Lease Payments under Finance and Operating Lease Liabilities (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Finance Leases
Remainder of 2023	$ 443,839
2024	887,679
2025	887,679
2026	887,679
2027	770,680
2028 and thereafer	1,038,380
Total minimum lease payments	4,915,936
Less amount representing interest	1,346,860
Present value of minimum lease payments	3,569,076
Less current portion	488,342	$ 335,527
Long-term portion	3,080,734
Operating Leases
Remainder of 2023	8,358,750
2024	15,557,500
2025	15,455,000
2026	14,322,100
2027	11,510,000
2028 and thereafer	27,205,710
Total minimum lease payments	92,409,060
Less amount representing interest	28,795,674
Present value of minimum lease payments	63,613,386
Less current portion	9,148,095	6,445,915
Long-term portion	$ 54,465,291	$ 23,189,835

Commitments and Contingencies_3

Commitments and Contingencies - Schedule of Lease Costs Related to Finance and Operating Leases (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Finance lease cost
Amortization of leased assets		$ 104,646		$ 218,655
Interest of lease liabilities		101,429		202,064
Operating lease cost
Operating lease cost	[1]	1,799,976	$ 2,061,074	3,646,948	$ 1,913,191
Total lease cost		$ 2,006,051	$ 2,061,074	$ 4,067,667	$ 1,913,191
[1] Expenses are classified within Aircraft Rent on the Company's condensed consolidated statements of operations.

Commitments and Contingencies_4

Commitments and Contingencies - Summary of Lease Terms and Discount Rates Related to Finance and Operating Leases (Details)	Jun. 30, 2023	Jun. 30, 2022
Weighted-average remaining lease term
Operating leases	6 years 6 months 7 days	4 years 9 months 21 days
Finance leases	5 years 8 months 15 days
Weighted-average discount rate
Operating leases	12.12%	10.55%
Finance leases	12.16%

Commitments and Contingencies_5

Commitments and Contingencies - Schedule of Cash and Non-cash Activities Associated with Leases (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 3,668,823	$ 1,387,700
Financing cash flows from finance leases	$ 220,895

Loss Per Share - Schedule of Co

Loss Per Share - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Numerator:
Net income (loss)	$ (7,471,022)	$ (6,071,704)	$ (6,765,657)	$ (4,779,502)	$ (13,542,728)	$ (11,545,158)
Denominator:
Weighted average common shares outstanding - Basic	56,857,629		51,505,095		55,680,815	51,373,939
Dilutive effect of stock options, RSUs and warrants	0		0		0	0
Weighted average common shares outstanding - Diluted	56,857,629		51,505,095		55,680,815	51,373,939
Basic loss per share	$ (0.13)		$ (0.13)		$ (0.24)	$ (0.22)
Diluted loss per share	$ (0.13)		$ (0.13)		$ (0.24)	$ (0.22)

Loss Per Share - Additional Inf

Loss Per Share - Additional Information (Details) - shares	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Warrant
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculation of diluted EPS	12,376,020	21,330,626
Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculation of diluted EPS	470,668	870,668
RSUs
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculation of diluted EPS	4,772,923	2,172,500

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jun. 28, 2021
Canada Jetlines Operations Ltd.
Related Party Transaction [Line Items]
Percentage of shares transferred			75%
Percentage of shares retained			25%
Equity method investment ownership percentage	13%
Smartlynx Airlines Malta Limited
Related Party Transaction [Line Items]
Percentage of shares issued	4%
Percentage of shares outstanding	4%
Smartlynx Airlines Malta Limited | Deposits and Other Assets
Related Party Transaction [Line Items]
Advanced payments	$ 250,000	$ 250,000
Related Party | GlobalX
Related Party Transaction [Line Items]
Other Liabilities	$ 268,740	$ 110,177

Subsequent Events (Additional I

Subsequent Events (Additional Information) (Details) - USD ($) $ / shares in Units, $ in Millions	Aug. 02, 2023	Jul. 03, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Mar. 17, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Class of Warrant or Right, Outstanding			12,376,020	17,134,458	19,633,911	21,330,626	22,449,357		17,631,350
Number of common stock purchase warrant into which each warrant or right may be converted								1
Exercise Price			$ 1.4	$ 1.29	$ 1.18	$ 1.32	$ 1.09	$ 1.24	$ 1.05
Subsequent Event [Member] | GlobalX Ground Team, LLC
Subsequent Event [Line Items]
Equity method investment ownership percentage		50%
Subsequent Event [Member] | Senior Secure Notes Due 2029
Subsequent Event [Line Items]
Principal amount	$ 35
Debt instrument term	6 years
Debt instrument maturity date	Jun. 30, 2029
Debt instrument interest at fixed rate	15%
Upfront fees payment percentage	2%
Warrants issued	$ 10
Subsequent Event [Member] | Senior Secure Notes Due 2029 | Common Class A [Member]
Subsequent Event [Line Items]
Number of common stock purchase warrant into which each warrant or right may be converted	1
Exercise Price	$ 1
Warrant expiration date	Jun. 30, 2030