Star Jets International posts $5.9 million revenues for the first year of operations

After Blue Star Jets, Ricky Sitomer is building a new private jet broker and jet card seller via his Star Jets International.

By Doug Gollan, April 13, 2018

After Blue Star Jets, Ricky Sitomer is building a new private jet broker and jet card seller via his Star Jets International

 

Star Jets International (OTCPINK:JETR), the start-up broker founded by Ricky Sitomer who co-founded Blue Star Jets, said Star Jets generated $5,932,913 in gross revenue, stated in its year-end financial statements for 2017. According to a press release, management expects at least a 60% increase in its first-quarter revenue for the period ending March 31, 2018, versus the same period ending in 2017. 

 

Sitomer, who last year announced his plans to acquire other brokers and build the company to at least $100 million in revenues said, “We are extremely proud of our progress in our first full year of operations. In 2017, Star Jets International became a publicly traded company, officially changed its name, and changed its public trading symbol to JETR. The Company is executing on its strategic and technological plan very well, and is looking forward to its continued progress.”

 

Additionally, Sitomer said the company is “developing its leading industry technology of an online and mobile booking engine for all devices from desktops, tablets, and mobile phones. The online booking engine will generate real-time quote prices based on the customer’s’ travel needs, and can immediately give the customer the ability to book a flight at the best prices, on the best available aircraft, within four hours’ notice.” The online booking engine projected to go live late in the second quarter of 2018.

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