Star Jets International (Stock Symbol: JETR) Provides Private Jet Service Without the Burdens of Aircraft Ownership

Revenues Surging as Travelers Seek Alternatives to Traditional Air Carriers Amidst Covid Crisis

Star Jets International, Inc. (OTC PINK: JETR) offers customers all the advantages of using a corporate jet, without the burdens associated with ownership. This includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. JETR executives have nearly 20 years of experience in aviation and marketing. 

JETR was started by executives who were frustrated with the high cost of fractional ownership, the lack of charter jet aircraft options in the marketplace, and the membership gimmicks offered by most other private aviation companies. Fractional Ownership programs and other membership programs work for the aircraft owners to get their planes in the air. JETR works for the client, and not the aircraft owner to secure for the BESTAIRCRAFT at the BEST VALUE.  JETR also offers the most FLEXIBILITY in the marketplace by giving the option to change aircraft for specific needs for each individual flight. 

On July 1st, JETR announced 2019 year-end financials. In 2019, JETR, in its third full year of operation, did $5,374,513 million in revenue. In the first quarter of 2020, JETR did $1,517,000 in revenue. JETR management also anticipates $2,800,000 in revenue in the second quarter of 2020 from increases in private travel bookings related to rising concerns of the safety of commercial air travel amidst Covid-19 concerns.

During these challenging times, we are seeing a true dynamic shift in air travel due to the coronavirus. The JETR team does not believe that this shift will change as the severity and restrictions specific to the pandemic are likely becoming the “new normal” for the foreseeable future. Wealthy individuals, families and their elderly parents who were wealthy enough to fly privately in the past and yet did not, are now all starting to fly private jets in order to avoid the myriad of health risks linked to airports and air travel. Arguably, those individuals who were previously only considering the option of private travel are now much more likely to budget for the extra expense for the sake of safety and health.

Safety and security are of paramount importance now more than ever.  Individuals are more willing to spend more money in the current environment if it ensures a certain standard and level of protection from the virus. Once again, this is going to be a permanent shift in the mentality of the private jet flier, and, also opens up the market to many more potential private jet consumers for JETR. 

As states and countries begin to open up, JETR management believes that the demand for private aviation will be even stronger than it has been in the last 3 months. JETR is equipped to manage an increased demand in private air travel bookings and prepared to scale the business accordingly.

As a result of Covid-19, a fundamental change in the buying behavior of the luxury traveler continues to occur, and the JETR anticipates the demand for private jet travel to increase its revenue now and in the immediate future.

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