Commercial Aviation
GlobalX and Sunrise Airways Form Wet-Lease Partnership to Boost Caribbean Air Connectivity
GlobalX and Sunrise Airways partner on a wet-lease deal to enhance Caribbean and North American air connectivity with two Airbus A320 aircraft.
The Airlines industry is witnessing a pivotal shift as airlines increasingly turn to flexible fleet solutions to support rapid expansion and evolving market demands. On October 15, 2025, Global Crossing Airlines Group, Inc. (GlobalX) announced a long-term wet-lease agreement with Sunrise Airways, marking a significant milestone for both carriers. This partnership is set to enhance regional connectivity and operational agility across the Caribbean and North American markets.
Wet-leasing, where one airline provides aircraft, crew, maintenance, and insurance (ACMI) to another, has become a preferred model for growth-oriented airlines seeking to scale quickly without committing to large capital expenditures. For GlobalX, this contract further cements its reputation as a leading ACMI provider. For Sunrise Airways, the deal provides critical capacity to power its ambitious “One Caribbean” network expansion, aimed at bridging island nations and major gateways in the Americas.
This article unpacks the details of the GlobalX–Sunrise Airways partnership, evaluates its strategic implications, and examines how such collaborations are reshaping the aviation landscape in the Caribbean and beyond.
The agreement between GlobalX and Sunrise Airways is rooted in mutual strategic objectives. GlobalX, recognized as one of the fastest-growing charter airlines in the United States, is leveraging its operational expertise and growing fleet to provide comprehensive ACMI solutions. Sunrise Airways, a key regional player founded in 2012, is focused on realizing its “One Caribbean” vision, an initiative designed to improve air connectivity throughout the Caribbean archipelago.
Under the terms of the agreement, GlobalX will supply two dedicated Airbus A320 aircraft, each configured with 179 seats, to Sunrise Airways. The wet-lease service is scheduled to commence in November 2025, directly supporting Sunrise Airways’ efforts to strengthen its route network and enhance passenger experience. These aircraft will initially bolster existing routes, particularly between Florida and Cap-Haïtien, Haiti, with future plans to expand services to destinations such as Fort Lauderdale, New York, and additional key markets.
Sunrise Airways operates under three Air Operator Certificates (AOCs) in Haiti, the Dominican Republic, and the Eastern Caribbean, allowing it to navigate regulatory environments and serve a diverse range of markets. The addition of the two A320s will increase Sunrise’s fleet to 14 aircraft, with projections to reach 18 by the end of 2025. This move aligns with the airline’s recent expansions, including the launch of new routes in the Eastern Caribbean and planned services to North American cities.
“This partnership highlights GlobalX’s growing position as the ACMI provider of choice for airlines worldwide. By providing Sunrise Airways with flexible and dependable solutions for growth, we further showcase how our model creates meaningful value for airlines seeking efficiency, flexibility, and excellence in their operations.” — Ryan Goepel, President and CFO of GlobalX
The Caribbean region presents unique logistical challenges for airlines, given its fragmented geography and diverse regulatory frameworks. Sunrise Airways’ “One Caribbean” initiative seeks to address these hurdles by creating a cohesive network that connects island nations with each other and with major North-American markets. The integration of GlobalX’s A320 aircraft is a tactical step toward achieving this goal, offering increased capacity, operational reliability, and the ability to launch new routes swiftly.
Sunrise Airways’ fleet, as of August 2025, comprises a mix of Embraer EMB 120ER Brasilia, Embraer ERJ-145, British Aerospace Jetstream 32, and Cessna Caravan 208 aircraft. The introduction of the Airbus A320s represents a significant upgrade in terms of passenger volume and range, enabling the airline to serve high-demand routes and tap into underserved markets. Sunrise currently operates over 20 gateways across the Americas, with hubs at Toussaint Louverture International Airport in Haiti and V.C. Bird International Airport in Antigua. The wet-lease arrangement also supports Sunrise’s broader strategy to expand its footprint in North America. Recent developments include the launch of services to Miami and upcoming routes to Fort Lauderdale and Montreal. By leveraging GlobalX’s operational expertise and fleet, Sunrise can accelerate its growth trajectory while maintaining service quality and regulatory compliance.
“The integration of these two dedicated aircraft represents a significant milestone in our ‘One Caribbean’ strategic plan. This move underscores Sunrise’s commitment to enhancing the customer experience and improving connectivity to and within the Caribbean region.” — Gary Stone, CEO of Sunrise Airways
The partnership is underpinned by strong financial performance on both sides. GlobalX reported a Q2 2025 revenue of $61.4 million, marking a 7% increase from the previous year. Net income doubled year-over-year to $0.6 million, and the company achieved a 6% increase in EBITDAR to $19.8 million. Operationally, GlobalX generated a record 8,065 block hours in Q2 2025, reflecting robust demand for its ACMI services. The carrier also increased its pilot headcount by 7% to 150, ensuring adequate staffing for its expanding fleet.
For Sunrise Airways, the addition of the A320s is part of a broader fleet modernization and expansion plan. The airline anticipates operating 18 aircraft by the end of 2025, supporting its goal of becoming a leading regional connector. The wet-lease model allows Sunrise to scale operations efficiently, minimizing upfront capital expenditures and enabling rapid response to market opportunities.
Industry experts note that wet-leasing is increasingly seen as a strategic lever for airlines facing volatile demand, regulatory complexities, or capital constraints. By partnering with established ACMI providers like GlobalX, airlines can access modern aircraft, experienced crews, and comprehensive support services without the long lead times associated with traditional fleet acquisition.
“Everything we do centers on our One Caribbean philosophy… More than an abstract feeling or loose brand positioning, One Caribbean guides and informs our mission to better connect the entire Caribbean region.” — Philippe Bayard, Founder and Chairman of Sunrise Airways
GlobalX has recently shifted its fleet strategy from exclusively leasing aircraft to adopting a hybrid ownership model, acquiring its first Airbus A320 in July 2025. This transition provides greater operational flexibility and positions the company to better meet the evolving needs of its partners. The move also reflects a broader industry trend toward diversified fleet management practices, as airlines seek to balance financial prudence with growth ambitions.
Sunrise Airways’ expansion into North America is part of a deliberate effort to connect diaspora communities and strengthen economic and cultural ties between the Caribbean and major U.S. and Canadian cities. The airline’s new services to Miami, Fort Lauderdale, and Montreal are expected to drive passenger growth and enhance the overall competitiveness of its network.
Looking ahead, the success of the GlobalX–Sunrise Airways partnership may serve as a blueprint for other regional carriers seeking to expand through strategic wet-lease arrangements. As market dynamics continue to evolve, such collaborations are likely to play an increasingly central role in shaping the future of air travel in the Caribbean and beyond.
The long-term wet-lease agreement between GlobalX and Sunrise Airways is more than a transactional partnership; it is a strategic alliance designed to unlock new growth opportunities and address longstanding connectivity challenges in the Caribbean. By combining GlobalX’s ACMI expertise with Sunrise’s regional vision, both carriers are well-positioned to capitalize on emerging market trends and deliver enhanced value to passengers. As the aviation sector continues to navigate economic uncertainties and shifting consumer preferences, flexible fleet solutions like wet-leasing will remain integral to operational resilience and expansion. The GlobalX–Sunrise Airways collaboration exemplifies how innovative business models and cross-border partnerships can drive industry transformation, setting the stage for a more connected and competitive Caribbean air travel market in the years ahead.
What is a wet-lease agreement? How will the GlobalX–Sunrise Airways partnership impact Caribbean travelers? When will the new aircraft begin service for Sunrise Airways? What are the main benefits for Sunrise Airways in this agreement? How does this agreement fit into GlobalX’s broader Strategy? Sources:
GlobalX and Sunrise Airways: Strategic Wet-Lease Partnership to Accelerate Caribbean Connectivity
Strategic Rationale Behind the Partnership
Caribbean Connectivity and Market Expansion
Financial and Operational Impact
Recent Developments and Industry Trends
Conclusion: Implications and Future Outlook
FAQ
A wet-lease agreement is an arrangement where one airline provides aircraft, complete crew, maintenance, and insurance (ACMI) to another airline, allowing the lessee to operate the aircraft under its own branding and route network without owning the assets.
The partnership is expected to improve connectivity within the Caribbean and between the region and key North American markets, offering more route options and increased capacity for travelers.
The two dedicated Airbus A320 Commercial-Aircraft provided by GlobalX are scheduled to commence service for Sunrise Airways in November 2025.
Sunrise Airways gains access to modern, high-capacity aircraft without significant upfront investment, supporting its rapid network expansion and ability to launch new routes efficiently.
The deal reinforces GlobalX’s position as a preferred ACMI provider and supports its growth trajectory by expanding its service portfolio and client base in the Caribbean and beyond.
Press Release,
Sunrise Airways Official Site,
GlobalX Official Site
Photo Credit: BES Reporter
Airlines Strategy
American Airlines Ends Mileage Earning on Basic Economy Fares
American Airlines stops awarding miles and Loyalty Points on Basic Economy fares purchased after December 17, 2025, aligning with Delta’s policy.
This article summarizes reporting by NBC DFW.
American Airlines has quietly updated its loyalty program terms to remove all mileage and status earning capabilities from its lowest-priced tickets. As of this week, travelers purchasing Basic Economy fares will no longer accrue AAdvantage® miles or Loyalty Points, marking a significant shift in the carrier’s approach to budget-conscious flyers.
According to reporting by NBC DFW, the policy change took effect for tickets purchased on or after December 17, 2025. The move aligns American Airlines more closely with Delta Air Lines, which also restricts earnings on its most restrictive fares, effectively creating a “pay-to-play” environment for travelers seeking elite status.
The update was not accompanied by a formal press release but appeared as a revision to the “Basic Economy” section of the airline’s official website. This “stealth” implementation has drawn attention from frequent flyers and industry analysts who view it as a strategy to further segment customers based on their willingness to pay for premium attributes.
Under the previous structure, Basic Economy passengers earned 2 miles and Loyalty Points per dollar spent, a rate that was already reduced by 60% compared to standard Main Cabin fares. The new policy eliminates this earning potential entirely.
The revised terms apply specifically to the date of purchase rather than the date of travel. According to the updated terms on AA.com:
While the ability to earn status has been removed, American Airlines has retained certain amenities that distinguish its Basic Economy product from ultra-low-cost carriers. Passengers traveling on these fares are still permitted one free carry-on bag and one personal item. Additionally, standard in-flight perks such as complimentary snacks, soft drinks, and entertainment remain included.
Travelers who already hold elite status will continue to receive their applicable benefits, such as priority boarding and upgrades, when flying Basic Economy, even though the flight itself will not contribute to retaining that status for the following year.
This policy update places American Airlines in direct alignment with Delta Air Lines regarding loyalty earnings on basic fares, while widening the gap with other competitors. Delta Air Lines currently awards zero miles or status credit for Basic Economy tickets. By matching this restriction, American has effectively standardized the “no-earn” model among two of the “Big Three” legacy carriers.
United Airlines takes a different approach. United allows Basic Economy passengers to earn Premier Qualifying Points (revenue-based credit) but does not award Premier Qualifying Flights (segment counts). However, United is significantly more restrictive regarding baggage, prohibiting full-sized carry-on bags for non-elite Basic Economy passengers on domestic routes.
In contrast, carriers like Southwest, Alaska Airlines, and JetBlue continue to offer loyalty incentives on their lowest fares, though often at reduced rates compared to standard tickets.
We view this move as a calculated effort by American Airlines to force a clearer choice upon the consumer: pay a premium for the possibility of status, or accept a purely transactional relationship with the airline.
By removing the trickle of Loyalty Points previously available on Basic Economy, American is signaling that its elite ecosystem is reserved exclusively for higher-yield customers. For a traveler spending $100 on a ticket, the loss of ~200 redeemable miles is negligible in terms of redemption value. However, the inability to earn Loyalty Points is a major blow to “status chasers” who rely on segment volume and cheap fares to reach tiers like AAdvantage Gold or Platinum.
Furthermore, the retention of the free carry-on bag suggests that American is wary of ceding too much ground to Spirit and Frontier. While they are willing to cut loyalty costs, they appear unwilling to adopt United’s strict baggage ban, likely to avoid alienating the general leisure traveler who prioritizes luggage space over frequent flyer miles.
If I bought my ticket last week but fly next month, do I earn miles? Does this affect Main Cabin tickets? Can I still bring a carry-on bag?
American Airlines Eliminates Mileage Earning on Basic Economy Fares
Details of the New Earning Policy
Key Changes and Effective Dates
Remaining Benefits
Industry Context: The Race to the Bottom?
AirPro News Analysis
Frequently Asked Questions
Yes. If your ticket was purchased before December 17, 2025, you will earn miles and points under the old policy (2 per dollar).
No. Standard Main Cabin fares and higher continue to earn miles and Loyalty Points at the standard rates (starting at 5 per dollar for general members).
Yes. American Airlines has not changed its baggage policy for Basic Economy. You are allowed one free carry-on bag and one personal item.
Sources
Photo Credit: American Airlines
Commercial Aviation
ChristianaCare Launches Airbus H145 D3 for Critical Care Transport
ChristianaCare introduces the Airbus H145 D3 helicopter with advanced avionics and five-bladed rotor to improve critical care transport in the Northeast.
This article summarizes reporting by NBC Philadelphia and Tim Furlong.
ChristianaCare has officially upgraded its air medical transport capabilities with the introduction of a new Airbus H145 D3 helicopter. According to reporting by NBC Philadelphia, officials gathered at a hangar in Delaware to cut the ribbon on the new aircraft, marking a significant technological leap for the LifeNet program.
The event highlighted the partnership between ChristianaCare, the operator Air Methods, and manufacturer Airbus. This specific helicopter is the first of its kind to be deployed for medical transport in the Northeast region, bringing advanced avionics and safety features designed to improve patient outcomes during critical inter-facility transfers and emergency scene responses.
The Airbus H145 D3 distinguishes itself from previous models primarily through its five-bladed rotor system. While earlier iterations utilized a four-blade design, the new configuration offers a smoother flight experience. According to technical specifications released by Airbus and cited in program materials, this stability is vital for medical crews performing delicate life-saving procedures in transit.
In addition to the rotor upgrade, the aircraft features the Helionix avionics suite. This digital cockpit system includes a 4-axis autopilot designed to reduce pilot workload and enhance situational awareness. The helicopter also retains the signature “Fenestron” enclosed tail rotor, a safety feature that protects ground crews and patients during loading and unloading operations.
The new aircraft is expected to serve a broad region covering Delaware, Maryland, New Jersey, and Pennsylvania. Program officials note that the increased useful load of the D3 model allows for longer range and the ability to carry heavier medical equipment or specialized staff when necessary.
“The H145’s Helionix avionics suite and advanced autopilot reduce pilot workload and enhance safety, while the new five-blade rotor delivers a smoother, quieter flight, benefiting both crew and patients.”
— Bart Reijnen, President of Airbus Helicopters in the U.S., via official press materials.
ChristianaCare LifeNet, which has operated for nearly 25 years, views this acquisition as a modernization of its “flying intensive care unit.” The program operates around the clock from bases at Christiana Hospital in Newark and the Delaware Coastal Airport in Georgetown. John Roussis, Program Director at ChristianaCare LifeNet, emphasized the clinical benefits of the new technology in a statement regarding the launch:
“This aircraft represents a transformative step in our commitment to delivering critical care when seconds count. With advanced capabilities that improve safety, reliability, and performance, the H145 D3 enables us to better serve patients and communities across the region.”
Rob Hamilton, CEO of Air Methods, also highlighted the collaborative nature of the upgrade, stating that the partnership aims to advance innovation and elevate safety standards for every patient.
The transition to the five-bladed H145 D3 reflects a broader trend in the Helicopter Emergency Medical Services (HEMS) industry toward minimizing in-flight vibration. For air medical operators, vibration is not merely a comfort issue; it can interfere with sensitive medical monitoring equipment and fatigue the clinical crew.
By adopting the D3 model, ChristianaCare is aligning with top-tier safety and operational standards. The removal of the traditional rotor head in favor of the bearingless five-blade design also simplifies maintenance, potentially increasing aircraft availability rates, a critical metric for emergency response programs.
Sources: NBC Philadelphia, Airbus Helicopters, ChristianaCare
ChristianaCare Unveils Region’s First Airbus H145 D3 for Critical Care Transport
Advanced Aviation Technology
Operational Capabilities
Impact on Patient Care
AirPro News Analysis
Sources
Photo Credit: delawareonline
Aircraft Orders & Deliveries
Aergo Capital Acquires Boeing 737 MAX 8 from Aircastle Leased to WestJet
Aergo Capital acquires a Boeing 737 MAX 8 from Aircastle currently leased to WestJet, highlighting active secondary market demand and expanding Aergo’s aviation portfolio.
This article is based on an official press release from Aergo Capital.
Dublin-based aircraft leasing and asset management platform Aergo Capital has announced the acquisition of one Boeing 737 MAX 8 aircraft from Aircastle. The transaction, announced on December 16, 2025, involves an aircraft bearing Manufacturer Serial Number (MSN) 60513, which is currently on lease to Canadian carrier WestJet.
This acquisition marks a continuation of Aergo Capital’s strategy to invest in modern, fuel-efficient narrowbody aircraft. According to the company’s official statement, the deal underscores the active secondary market for the 737 MAX and strengthens the trading relationship between the two major lessors. The aircraft remains in operation with WestJet, ensuring continuity for the airline while transferring asset ownership to Aergo.
The deal highlights the growing collaboration between Aergo Capital and WestJet, following significant transactions earlier in the operational year. By acquiring this asset, Aergo expands its portfolio of liquid, in-demand aviation assets while Aircastle executes its strategy of active portfolio management.
The specific asset involved in the transaction is a Boeing 737 MAX 8, identified by MSN 60513. Fleet data indicates this aircraft operates under the registration C-GRAX. Originally delivered during the initial rollout phase of the MAX program, the aircraft is approximately eight years old and represents the current generation of Boeing’s narrowbody technology.
Fred Browne, Chief Executive Officer of Aergo Capital, emphasized the importance of the acquisition in strengthening ties with both the seller and the lessee. In a statement regarding the deal, Browne noted:
“We are pleased to complete the acquisition of this Boeing 737 MAX 8 from Aircastle… I also extend my thanks to WestJet for their continued partnership and support.”
On the seller’s side, Aircastle, a Stamford-based lessor owned by Marubeni Corporation and Mizuho Leasing, viewed the sale as a testament to their strong commercial network. Michael Inglese, CEO of Aircastle, commented on the relationship between the firms:
“We value the long-standing trading relationship we have built with Aergo… The acquisition underscores the strong commercial relationship between Aergo and Aircastle.”
This transaction is not an isolated event but rather part of a deepening relationship between Aergo Capital and WestJet. In August 2024, Aergo completed a significant sale-and-leaseback transaction involving eight Boeing 737-800 aircraft with the Canadian airline. That deal marked the first major collaboration between the two entities. The addition of this 737 MAX 8 further cements Aergo’s position as a key partner in WestJet’s fleet financing structure. For Aircastle, the sale aligns with a strategy of capital recycling and portfolio optimization. Trading assets with leases attached is a common practice in the aircraft leasing industry, allowing lessors to manage age profiles and risk exposure. For WestJet, the transaction represents a “backend” change of lessor; the airline retains physical possession and operational control of the aircraft, merely redirecting lease payments to the new owner, Aergo Capital.
The Secondary Market for the MAX 8
The transfer of a Boeing 737 MAX 8 between two major lessors highlights the intense demand for this asset class in the secondary market. With new aircraft production facing documented delays across the industry, “on-lease” assets, aircraft that are already built, certified, and generating revenue, have become premium commodities.
While an eight-year-old airframe might typically be considered approaching mid-life, the 737 MAX 8 remains a current-generation asset offering approximately 14% better fuel efficiency than its predecessors. For lessors like Aergo Capital, acquiring such an asset avoids the long wait times associated with factory order books. For the industry at large, this trade signals that liquidity for the MAX platform remains robust, despite, or perhaps because of, supply chain constraints limiting the delivery of new metal.
Sources:
Aergo Capital Acquires WestJet-Leased Boeing 737 MAX 8 from Aircastle
Transaction Overview and Executive Commentary
Strategic Context and WestJet Partnership
Deepening Ties with WestJet
Asset Liquidity and Market Demand
AirPro News Analysis
Photo Credit: Aergo Capital
-
Commercial Aviation7 days agoVietnam Grounds 28 Aircraft Amid Pratt & Whitney Engine Shortage
-
Business Aviation3 days agoGreg Biffle and Family Die in North Carolina Plane Crash
-
Business Aviation2 days agoBombardier Global 8000 Gains FAA Certification as Fastest Business Jet
-
Defense & Military5 days agoFinland Unveils First F-35A Lightning II under HX Fighter Program
-
Technology & Innovation1 day agoJoby Aviation and Metropolis Develop 25 US Vertiports for eVTOL Launch