Miami-based start-up Global Crossing Airlines, which will fly as GlobalX, has signed a LOI with ST Engineering in Singapore for the conversion of up to five A321s into freighters. Four of the aircraft will be sourced from an European airline, while no source has been found for the fifth aircraft yet. The goal is to have the A321PFs delivered by the end of 2021.

Earlier this month, and back in July, the new airline already signed for the acquisition of one A320 and one A321. Both should arrive before the end of this year. GlobalX is also thinking about adding A330s to the fleet at a later stage.

According to the company's website, GlobalX is planning to operate charter and ACMI-flights out of Canada and the US to Caribbean and Latin-American destinations.