Star Jets International reports record private jet charter bookings

Star Jets Ricky Sitomer

Star Jets International is the latest private aviation provider to report record results as consumers seek to avoid airlines

New York-based Star Jets International said it started its second quarter with a record of over $1 million in private jet charter bookings in the first half of July.

Star Jets International reports strong revenue growth

Star Jets Ricky Sitomer

The jet card and on-demand private jet brokerage was founded by Ricky Sitomer who rose to fame through Blue Star Jets

Star Jets International (OTCPINK: JETR) in its third full year of operation is reporting revenue increases.

For 2019, the private jet card and on-demand charter broker generated $5.4 million in revenue.

Ricky Sitomer’s Star Jets International posts 23% revenue gain in 2018

GlobeAir

The jet card and on-demand charter broker said revenue approached $7 million in its second year

Ricky Sitomer, who rose to fame as the co-founder of Blue Star Jets, said his current entry into the private jet charter broker and jet card market Star Jets International saw a 23% gain in revenues last year. Sales increased from $5.7 million to “approximately” $7 million, according to a company press release.

Jet Card Buyer’s Tip #1: Know the companies behind your program

Companies that sell jet cards?

There are over 50 different brands selling private jet memberships. Here’s a look at who’s behind these providers.

Since the Great Recession, the number of jet card sellers has more than doubled. During the same period, annual deliveries of new jets remain about 40% below record levels. The number of national fractional share providers is down to just two, NetJets and Flexjet, both selling jet cards too. In Jet Card Buyer’s Tip #1, we look at the breadth of companies selling jet cards.

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