flyExclusive to acquire Jet.AI in all-stock transactionnews Fayaz Hussain 14 Feb 25 0Jet charter provider flyExclusive announced that it has entered into a definitive agreement to acquire aviation business of private aviation and artificial intelligence company Jet.AI… Read more
Jet.AI formally regains compliance with Nasdaq requirementsnews Fayaz Hussain 27 Nov 24 0Private aviation company Jet.AI announced that it has regained compliance with both the $2.5m minimum stockholders’ equity and the minimum bid price requirements set by… Read more
Jet.AI reports $3.9m in revenue for Q3 2024news Fayaz Hussain 19 Nov 24 0Private aviation and AI services provider Jet.AI announced financial results for the third quarter of 2024 reporting revenue of $3.9m, marking a significant increase of… Read more
Jet.AI meets minimum equity requirement for Nasdaq listingnews Fayaz Hussain 18 Nov 24 0Private aviation and AI solutions provider Jet.AI expressed confidence in regaining compliance with the Nasdaq stock exchange’s minimum stockholders’ equity requirement. “We appreciate the consideration… Read more
Jet.AI transitions to Textron with new Citation CJ4 ordernews Fayaz Hussain 5 Nov 24 2Fractional jet ownership, jet card services, and aviation technology provider Jet.AI announced expansion of its fleet with an order for three Cessna Citation CJ4 Gen2… Read more
Jet.AI losses widen in Q2news Fayaz Hussain 15 Aug 24 0Private jet travel services provider Jet.AI announced its financial results for the second quarter ended June 30th, 2024 reporting significant expansion of its loss. Revenues… Read more
Jet.AI reveals AI-powered empty leg toolnews Yves Le Marquand 17 Jun 24 0Jet.AI has unveiled a new source of private jet inventory, aka Reroute AI an artificial intelligence-powered empty leg tool. Each time a jet card customer… Read more
Jet.AI secures non-recourse financing for fleet expansionnews Fayaz Hussain 4 Jun 24 0Private aviation company Jet.Ai announced that it has successfully arranged non-binding, non-recourse debt financing to purchase Bombardier Challenger 3500 aircraft. The company said the proposed… Read more
Jet.AI soars in Q1 with 105% revenue increasenews Fayaz Hussain 16 May 24 0Jet.AI reported a strong first quarter of 2024, boasting a 105% year-over-year revenue increase to $3.8m driven by a surge in software app and management… Read more
Jet.AI, FL3XX to integrate DynoFlight carbon offset platformnews Fayaz Hussain 9 Feb 24 0Private aviation company Jet.AI announced a collaboration with web and app-based aviation management platform developer FL3XX to introduce the DynoFlight carbon offset platform. “With DynoFlight,… Read more
Jet.AI services, software revenues soar in third quarternews Fayaz Hussain 21 Nov 23 0Jet.AI’s third-quarter earnings report revealed a 270% year-over-year increase in revenue from services and software to $3.37m, up from $1m in the same period last… Read more
Why would anyone want to list?opinion Alasdair Whyte 9 Aug 23 0It is just over two years ago since Wheels Up’s management team rung the bell at the New York Stock Exchange. The company started trading… Read more