Private jet broker Star Jets International reports 2020 revenue spiked 80%

Star Jets International

Blue Star Jets founder Ricky Sitomer’s Star Jets International says revenue grew to $9.5 million last year

Private jet charter and jet card broker Star Jets International, Inc. (OTCPink: JETR) set a revenue record of $9,581,799 million for the year ended December 31, 2020. It marked a year-over-year increase of 80%.

The most popular private jets of 2020 revealed

Gulfstream G450

Gulfstream bumped Bombardier as the most used large private jet in 2020 while holding onto the top spot in super long-range private jets, according to Argus TRAQPak

Textron Aviation’s Citation Excel/XLS, Mustang, and King Air 200 were the most flown aircraft in their respective categories

Gulfstream Aerospace had the most popular large cabin and super long-range private jets in 2020, according to just-released data from Argus TRAQPak.

At the same time, Textron Aviation saw three of its business aircraft take the top spot in three of the eight categories. Its Beechcraft King Air 200 was the most flown multi-engine turboprop. The Cessna Citation Mustang was the most popular very light jet. Its Citation Excel/XLS/XLS+ won the midsize private jet category.

Private Aviation Deal Book by Private Jet Card Comparisons

Private Aviation Deal Book

Let’s make a deal. The M&A market for private jet operators is hot. Over 50 deals, fundraises, launches, and bankruptcies detailed

(Updated April 12, 2021) The COVID-19 crisis may be bringing the already simmering mergers and acquisitions market for private jet operators and brokers back to a boil.

Star Jets International reports COVID-19 is boosting revenues

Covid travel trends

OTC-traded on-demand private jet charter and jet card broker Star Jets International reported August sales exceeded the $1 million mark

According to a news release, Star Jets International, Ricky Sitomer’s re-entry in the private jet charter and jet card market sees strong sales growth.

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