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.
Ricky Sitomer’s charter broker and jet card seller Star Jets International is launching its first television campaign
After building Blue Star Jets into a major player in the world or private jet charter brokers, Ricky Sitomer’s new entry Star Jets International is launching its first television advertising campaign since its founding last year. At the time, Sitomer said he was seeking to build Star Jets sales to at least $100 million organically and through acquisitions. Via a reverse takeover, he also has taken the company public with the ticker JETR.
Ricky Sitomer says his new platform for jet cards and on-demand charter, Star Jets International, is on target with growing sales and a new ‘real-time’ booking app
Ricky Sitomer’s Star Jets International (OTC:JETR), a broker of jet cards and on-demand private jet charter services, said it had completed its initial beta testing of the company’s ‘real-time’ booking platform. After five months of development, Star Jets International expects to launch the online booking engine and the app for Android and Apple iOS at the beginning of the third quarter. Sitomer first rose to fame as the co-founder of Blue Star Jets, named for the fictional airline in the movie Wall Street. Last year he came back to the private jet charter space with the launch of Star Jets International, a reverse takeover to provide a publicly traded entity, and a stated ambition to buy other private charter companies with the goal of building a multi-hundred million dollar sales volume.
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.
The two Jet Card sellers announced senior-level promotions and additions to their respective teams
XOJET and Star Jets International are bolstering their C-Suites with promotions and additions to their executive teams. The news comes after XOJET announced it had hired Perella Weinberg to advise it on strategic options and while Star Jets makes its transition to a publicly traded entity.