Star Jets International says H1 2022 revenue up 89%

star jets international private jet

Ricky Sitomer’s Star Jets International saw revenues in the first half of 2022 soar 89% to $9.3 million

New York-based Star Jets International posted $9.3 million in first half revenues, an 89% year-over-year increase, according to the company.

Star Jets International revenue hits $5.5 million in the first quarter

private jet on ground

Ricky Sitomer’s jet card broker Star Jets International saw sales increase 51% to $5.5 million in Q1 2022

Star Jets International, Inc. (OTCPink: JETR) said it booked an all-time record of $5,5 million for the quarter ended March 31, 2022.

A-to-Z recent jet card and jet membership changes cheat sheet

private jet

In case you don’t read emails from your jet card company, here is our recap changes programs have been making in recent months

As private jet flying has reached record levels, capacity is being stretched. Providers are trying to line up more capacity. However, jet card rates, which in the past hadn’t changed for years at a time, have been on the rise. The midyear timing speaks to what’s happening in the market.

Private jet companies large and small have big fleet growth plans

Jet Edge private jets

Backed by record demand and with no letup in sight, operators from NetJets to niche brokers are announcing ambitious fleet growth targets

Private jet fleet capacity has become one of the industry’s hottest issues. Demand for private aircraft, owned, via charters, jet cards, and fractional shares, continues to surge to record levels. Charter and jet card flights tracking 30% higher than 2019 pre-pandemic levels combined with owners flying their jets more is putting a strain on the system. Supply chain and labor issues impacting the greater economy are impacting the private aviation industry. It’s creating a new reality for private jet flyers.

%d bloggers like this: