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.
The lead time to book flights with a jet card varies
(Updated Oct 10, 2019) For those of you that plan in advance, you may not need access to a private jet on short notice, but all things being equal it never hurts. Sometimes, life happens and you need to get from where you are to some other place quickly. Or sometimes, you may need to fly a business colleague or family member on short notice. If you are using your jet card for business, shorter windows can be an advantage.
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.
The number of new jet card providers and programs has grown more than 20% in just the past three years
Over the past three years, there are at least seven new private jet card providers that have entered the market, either start-ups or existing aviation companies that have launched jet card programs. Additionally, there are at least three or four programs soon to be launched we are aware of and getting ready to fill you in on the details.