Star Jets International, Inc.
JETR
Other OTC0.00
USD
- -
- -
CIK
0001908054
ISIN
US8551401099
CUSIP
855140109
Return %
Stock
S&P500
1Y
-86.67
19.43
3Y
-96.61
76.01
5Y
-99.72
74.94
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Richard Allen Sitomer
- Full Time Employees
- 178
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- 750 Lexington Avenue New York NY United States of America 10022
- IPO Date
- Jun 23, 2010
- CIK
- 0001908054
- Similar Companies
- Business
- Star Jets International, Inc. (JETR) operates as a private jet charter brokerage firm providing access to a global network of over 15,000 aircraft across 5,000 airports worldwide; its core services include on-demand private jet charters, helicopter charters, air ambulance services, air cargo transportation, concierge services, luxury travel consulting, yacht charters, jet cards with guaranteed and dynamic pricing, and an online real-time booking platform with iOS and Android apps enabling bookings as short as four hours in advance. The company serves high-net-worth individuals, corporations, and leisure travelers for business trips, family vacations, road shows, and special events such as concerts and tours. Founded in 1998 by Richard Sitomer, who serves as chairman and chief executive officer, Star Jets International is headquartered at 750 Lexington Avenue, New York, New York, and maintains a small team of approximately two employees while operating on a global scale. In recent developments, the company reported $5.8 million in revenue for the first half of 2024 and continues pursuing an uplisting to Nasdaq to enhance market visibility and capital access; it is advancing negotiations to integrate artificial intelligence technology for streamlining booking processes, personalized client interactions, resource optimization, and operational efficiency. Star Jets launched a revolutionary real-time booking engine and accompanying mobile apps, alongside a new marketing campaign featuring digital advertising, influencer partnerships, and promotions to expand its client base; earlier initiatives included a partnership with the Bapes NFT project for metaverse travel experiences and virtual reality enhancements, following the completion of financial audits for 2019-2021 to support uplisting efforts. Despite a $14 million deal falling through due to partner constraints, management remains focused on strategic growth through new partnerships, potential acquisitions, and technology collaborations in the private aviation sector.
Star Jets International (OTC: JETR) Reports $5.8M First Half Revenue 2024, Prepares for Future Technological AI Enhancements
Star Jets International (JETR) Announces Path Forward After Recent Setback with Strategic Deal
Star Jets International (OTC: JETR) Announces Negotiations to Integrate Advanced AI Technology into Their Business Operations
Star Jets International, Inc. Unveils Revolutionary Real-Time Booking Engine with Access to 15,000 Aircraft Worldwide
Star Jets International, Inc. (OTC: JETR) Unveils New Marketing Campaign