Exhibit 10.2
CERTIFICATE OF ACCEPTANCE (MSN 2840)
This Certificate of Acceptance is delivered on the date set out below by GLOBAL CROSSING AIRLINES, INC. (“Lessee”), to TVPX AIRCRAFT SOLUTIONS INC., not in
its individual capacity but solely as Owner Trustee (“Lessor”), pursuant to the Amended and Restated Airframe Lease Agreement dated as of August 15, 2025 between Lessor and Lessee (the “Agreement”). The capitalized terms used in this Certificate shall have the meaning given to such terms in the Agreement.
Lessee hereby confirms to Lessor that Lessee has at o’clock on this day of
, 2025, at Coolidge, AZ, accepted the following, in accordance with the provisions of the Agreement:
(i)AIRFRAME: Airbus Model A320-200ceo airframe, Manufacturer’s Serial No. 2840 Total Flight Hours: 37,509.7 Flight Hours
Total Flight Cycles: 45,145 Flight Cycles Flight Hours Since Last C Check: 2,277.36 Flight Hours Flight Cycles Since Last C Check: 2,711 Flight Cycles Flight Hours Since Last D Check: N/A
Flight Cycles Since Last D Check: N/A
Left Main:
Manufacturer's Serial No.: MDG3400 Manufacturer's Part No.: 201582001-030
1.Total Flight Hours Since Overhaul: 4,800.7 Flight Hours
2.Total Cycles Since Overhaul: 4,269 Flight Cycles
3.Date of Last Overhaul: February 18, 2022
Right Main:
Manufacturer's Serial No.: MDG3401 Manufacturer's Part No.: 201582002-030
1.Total Flight Hours Since Overhaul: 4,800.7 Flight Hours
2.Total Cycles Since Overhaul: 4,269 Flight Cycles
3.Date of Last Overhaul: February 28, 2022 Nose:
Manufacturer's Serial No.: B2271 Manufacturer's Part No.: D23757500-11
1.Total Flight Hours Since Overhaul: 4,800.7 Flight Hours
2.Total Cycles Since Overhaul: 4,269 Flight Cycles
3. Date of Last Overhaul: February 9, 2022
Type: APS 3200
Manufacturer's Serial No.: 2374 Total Hours Since Last Overhaul:
B.INTERIOR CONFIGURATION:
C.All other Items of Equipment and other property, tangible and intangible, delivered by Lessor to Lessee. Additional leftover foam parts for the center fuel tank
Lessee confirms to Lessor that as at the time indicated above, being the Lease Commencement Date:
A.The representations and warranties contained in Section 2.1 (Lessee’s Representations and Warranties) of the Agreement are hereby repeated.
B.The Airframe is insured as required by the Agreement.
C.Lessee’s authorized technical experts have inspected the Airframe to ensure the Airframe conforms to Lessee’s requirements.
D.For purposes of Lessee’s Initial Inspection and Delivery Inspection, Lessee hereby confirms that the Airframe is in accordance with the specifications of the Agreement and is irrevocably and unconditionally satisfactory in all respects, but without prejudice to Lessor’s agreed undertakings in the Agreement in respect of the Deferred Pre-Delivery
Modifications (as described in Section 4.7 (Deferred Pre-Delivery Modifications) of the Agreement).
E.For purposes of the Agreement, the “Delivery Date” has occurred at the time and place set forth in Section 1 (Details of Acceptance) hereto, which includes the commencement of Lessee’s obligation to pay Rent in accordance with the term and conditions of the Agreement.
Annex 1 - LLPs
Annex 2 - Loose Equipment and Accessories
Annex 3 - Airframe Documents and Technical Records Annex 4 - Airframe Status – Avionics Inventory
IN WITNESS WHEREOF, Lessee has, by its duly authorized representative, executed this Certificate of Acceptance (MSN 2840) on the date set forth in Section 1 (Details of Acceptance) above.
LESSEE: GLOBAL CROSSING AIRLINES, INC.
By
Name: Ryan Goepel Title:CFO
ANNEX 2 to
CERTIFICATE OF ACCEPTANCE (MSN 2840)
LOOSE EQUIPMENT AND ACCESSORIES
Page 1 of 1
ANNEX 3 to
CERTIFICATE OF ACCEPTANCE (MSN 2840)
AIRFRAME DOCUMENTS AND TECHNICAL RECORDS
ANNEX 4 to
CERTIFICATE OF ACCEPTANCE (MSN 2840)
AIRFRAME STATUS – AVIONICS INVENTORY
