The Perfect
Storm for
StarJets
International
Just Hit
-
StarJets
triple-digit
growth with $10 million reported
for
2020 and record bookings each month
-
StarJets
now accepting
bitcoin to attract very large market of
new wealthy
bitcoin
owners now being accepted by many
large companies including TSLA
-
OTC
Markets
reports unusually
large short position in StarJets with very small float
that could cause
short squeeze which may have just started
yesterday. Volume and price just started climbing on the
close
-
StarJets
CEO Ricky
Sitomer
previously led
Blue Star Jets to over $800 million in sales. He is determined to beat
those numbers with StarJets
-
StarJets
has
small float
of 21 million shares
with 10 million
closely held
April 9, 2021 -- InvestorsHub
NewsWire -- via BioResearch Alert -- Rarely do so many
forces all line up at the same time
that have the
potential to spike a company's share
value much higher such as what can be
considered a "Perfect Storm" for StarJets International, Inc. (JETR:
OTC).
StarJets
International
was founded in October 2016 by Ricky Sitomer,
foremost expert in Private Jet Charter, and the co-founder of Blue
Star Jets, one of the most recognized Jet Charter companies in the
Private Aviation space. While CEO and leading Blue Star Jets in its
16-year operating history, the company generated over $800M in
revenue and established "private Jet Brokerage and Charter" as the
most efficient model for accessing private jets. Blue Star Jets
pioneered the jet charter business and led the industry.
In its 16-year operating
history, Blue Star Jets become a brand name in the private aviation
business (featured in the movie Wall Street). The Company's client
list was a
Who's Who of corporate America, and included government officials,
athletes, entertainers, wealthy families, and business leaders
around the world.
Sitomer, while CEO of Blue Star Jets
appeared on CNN/FN as a safety and security expert regarding
private aviation and has been recognized for his leadership
position in the industry by The New York Times, ABC, CNBC, Fox
News, Bloomberg and many others. The Wall Street Journal has
described Blue Star Jets as one of the most competitively priced
jet providers in the country. Additionally, Blue Star was
recognized as the "Best
Private Jet Company" from the Board of Luxury
Travel Advisors, an award voted on by all travel agents that are
affiliated with all travel consortiums.
StarJets
International
("Star Jets") has moved that business model through innovation and
development into the most professional and reliable model for both
business and personal jet travel. Star Jets International's motto
is "Any Jet, Any Time, Anywhere."
Mr.
Sitomer,
at age 51, has committed to take his 20-years of experience and
knowledge and grow this three-year old company into the premier Jet
Charter company that will successfully compete and win in the
space. In the last decade, several business models have been tried
and failed, all seeking to promote access and cost efficiency for
jet travel, while achieving neither.
StarJets
is
looking to be the new "Priceline, Expedia, Kayak, Booking.com" of
private jets. By leveraging its relationships with private
jet owners and operators, directly targeting qualified customers,
and having a team of technology experts to market directly to our
customers through social media, online marketing efforts and
television, Star Jets plans
to grow
into one of the largest and most successful private jet brokers in
the world.
StarJets
has
launched
their
new real time "Booking Engine"
online and
through an Apple IOS app and an Android app, and
became
the premier Private Jet Brokerage firm in the entire
world.
Overview
StarJets will improve the traditional
business model that has proven to work for many years. Star
Jets plans
to grow
very quickly by targeting customers directly and
giving them the
ability to automatically book their private jet travel online or on
our customized app that has now been launched is in in
use.
StarJets offers its clients the
flexibility to fly on whatever their needs are for each specific
trip. We have access to 5000 aircraft in the USA and 15,000
aircraft worldwide. We also offer our clients three types
of Skycard, a 25-hour card in a
specific aircraft, our traditional Skycard (that works like a debit
card), and a customized Skycard program (20 trips from
Teterboro to West Palm Beach).
The points of differentiation
for Star Jets are its ability to secure customers for charters and
programs, its individualized customer service, its pricing
structure designed to be superior to anyone in the jet service
industry, and its access to a fleet of jets unrivaled by its
competitors.
Industry
The private jet
travel
market has
evolved and demonstrated strong
growth over the years
but has seen
explosive growth recently driven by first-class and business class
commercial passengers looking for a safer way to travel to protect
against the Coronavirus. After flying with StarJets for the first time and
experiencing not only a safer way to travel, many are discovering
a new
found luxurious experience and
convenience that they want to continue.
StarJets is focused on its core
business, wealthy families and businesses that want to fly private
on private jets, with the emphasis on direct marketing and access
to the "Best Planes at the Best Prices." Star Jets will develop
relationships and a quality of service that will drive loyalty and
growth. The sales team will have a concierge approach to
clients,
and will
know the preferred bottle of wine and the favorite snacks for
traveling families. The company will arrange for any catering or
restaurants on board, transportation, be the go-to resource for
tickets to entertainment and sports events, villa rentals, yacht
charters and anything else they need.
Many families and businesses
that were once on the fence are now flying private. Star Jet's
brokerage model reduces costs and opens the market to a broader
demographic. Innovative programs that Star Jets will deploy will
focus on making the private jet experience more affordable.
Improved affordability and accessibility, in addition to
the intrusive security measures at commercial airports, is fueling
private charter growth. The private jet industry is forecasted to
be a $20 billion per year industry. In this growing market,
Star Jets is poised to gain significant market share. Star Jets
expects to surpass industry growth based upon its proven strategy
and industry experience, relationships with the best aircraft and
operators, its understanding of digital marketing and direct
marketing, and by automating the booking process.
Target Markets
The Company is targeting all
users of private aviation including business, personal and leisure
travelers with the intent to broker all aspects of private air
travel. The business model is focused on selling a Bespoke product
for the experienced private aviation traveler at the best price
points, the Lending Tree model. In addition, and based on prior
success and experience, the Company will build specific sales teams
and pursue additional markets to include Air Cargo, Air Ambulance,
Private Jet Sales, and Private Jet Management.
International Expansion
The Jet Charter business
requires very little overhead to grow and expand and as part of the
long-term growth objectives StarJets will look to establish sales
and marketing satellite offices in strategic locations with the
highest priority being Eastern Europe, Latin America, Europe, Asia,
and the Middle East. The company seeks to establish relationships
in these regions, either through targeted broker acquisitions or by
opening small sales/marketing offices, allowing Star Jets
International to better serve these key markets (known private jet
corridors; Moscow – Paris).
Innovation and Acquisitions
The Company has developed a
specialty "Booking Engine" to
assist with the
real time online reservations process and the real time booking
app. A user-friendly solution that streamlines the initial customer
interaction and process and focuses on the customer booking
directly on the app. The Company will also look to immediately hire
in house technology experts to assist with social media and
internet
marketing. The Company may pursue acquisitions of worldwide charter
broker companies that will bring volume, revenue and performing
sales teams.
Unusually
Large Short Interest and Very Small Float Spell Impending Short
Squeeze
OTC reports large and growing
short interest in StarJets, International (JETR:
OTC) with extremely high levels of short sales ranging from 46%
to over 90% of total daily trading volume in the past
month.
Close to 2
million shares
have been reported as short sales in less than 30 days and if any
positive news hits the wires, shares have the potential to explode
in price overnight if the price rises enough to force margin calls
which would force buying back the losing short positions before the
loss gets worse. Short selling can be very profitable if covered at
lower prices but shares of JETR appear
destined for substantially higher prices in the near term because
sales are soaring at record triple digit growth rates and are
expected to accelerate even further as passengers discover this new
safer and more luxurious way to travel. Sales may be particularly
vulnerable to even sharper than expected projections because Star
Jets recently announced the company is now accepting bitcoin as
payment.
First Class
and Business Class Passengers Rapidly Switching to Private Jet
Travel
Covid-19 is reshaping the way
the world does business and the fallout is a distinct new group of
winners and losers. Commercial airlines like AAL, DAL and UAL have
been particularly hard hit as passengers fear being exposed to the
virus in crowded airports and in tightly packed airplanes. Forbes
published an article, "Are
Private Jets the New Business or First Class?" and the trend looks like it
is going to be here for a long time because once commercial
first-class passengers experience the luxury and convenience of
private jet travel, they never want to return to crowded airports
and airplanes.
Star Jets, International
(JETR:
OTC) a private jet company is emerging as a clear winner with
record sales that are about to explode again because word will soon
be getting out that they accept Bitcoin as payment. Elon Musk
recently let the world know that TSLA is not only accepting Bitcoin
but, recently purchased $1.5 billion.
In a recent interview
by BioResearchAlert,
CEO Ricky Sitomer said, "In
these trying Covid-19 times, Star Jets International tries to keep
ahead of the curve, continues to innovate and continues to advance
its technological platform. The company is proud to announce its
third consecutive triple digit quarter, year over year. We are
pleased to announce that we have hired an auditor for 2019 and 2020
in order to uplist
to OTCBB.
In addition, we are very proud and excited to take bitcoin as
payment for flights."
CEO of Star Jets
International, Inc. (OTCPK:JETR) Announces Record
2020 Revenue of $9,581,799.
Star Jets International,
Inc. (OTCPink: JETR),
a leading Private Jet Charter Company, announces an all-time
revenue record of $9,581,799 million for the year ended December
31, 2020, a year-over-year increase of 80%. JETR recorded $2.2
million in the fourth quarter of 2020, an increase of 100%
year-over-year. As predicted, the Company's tremendous growth
continues as the demand for private air travel increases, and not
showing any signs of slowing down.
The Company expects to
continue its growth pattern throughout the first quarter of 2021.
Health concerns related to COVID-19 remains a primary reason for
the uptick in private travel demand. As many first-time passengers
discovered and enjoyed their new-found benefits of private jet
travel, repeat customer bookings increased throughout
2020.
Ricky Sitomer, CEO of JETR stated, "We are
proud to announce our all-time-record revenue in 2020, and our
continued growth in the private jet industry. The demand for
private jets has been tremendous and we expect that the demand will
clearly continue. We look forward to working hard to grow our
client base and we are primed and ready to serve our clients with
all of their private travel needs."
The Company hired
a PCAOB
auditing firm to audit its 2019 and 2020
financial records. Upon completion, these audited financial
statements become a part of the Company's plan to file a
corporate registration
statement with the US SEC. Once the registration
statement becomes effective, the Company can pursue an up-listing
of the Company's stock to OTCQB.
Please
visit www.starjetsinternational.com for
more information, Company updates or to book travel with Star Jets
International, Inc.
Related
Stocks - Air Travel & Cryptocurrency
A few airline stocks are:
AAL,
DAL,
UAL, and LUV.
Conclusion
StarJets
growth
rate is already triple digit.
Ricky Sitomer,
the founder and CEO, has the experience and knowhow to bring this
new venture into the digital age of marketing and
sales. The Company has already avoided the mistakes and
miss-steps common with new ventures in the space and will focus on
service and ease of access for the universe of private jet
customers, leveraging relationships in the industry and contacts
worldwide. The current annual revenue run rate is
$10,000,000.
At Blue Star Jets, Mr.
Sitomer
raised $1.6
million and did $800 million in Revenue. Star Jets
International has a
growth strategy that will be executed with limited risk, and with
low capital requirements. The company is expecting to
grow its Revenue to $200 - $300 million per year in a $20 billion
per year industry.
After
deducting tightly held shares, StarJets
float
is estimated to be very small at about 10 million shares, earnings
are soaring every quarter, the company is now accepting bitcoin as
payment that opens up an entire new market of new wealthy bitcoin
users, and an unusually large short position that
must
buy their shares back could be accelerated into a short squeeze if
the share price starts moving up which just
started yesterday.
Forward-Looking
Statements Disclaimer and disclosure:
This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. In some
cases, you can identify forward-looking statements by the following
words: "anticipate," "believe," "continue,"
"could," "estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or
the negative of these terms or other comparable terminology,
although not all forward-looking statements contain these words.
Forward-looking statements are not a guarantee of future
performance or results,
and will not
necessarily be accurate indications of the times at, or by, which
such performance or results will be achieved. Forward-looking
statements are based on information available at the time the
statements are made and involve known and unknown risks,
uncertainty and other factors that may cause our results, levels of
activity, performance or achievements to be materially different
from the information expressed or implied by the forward-looking
statements in this press release. BioResearch
Alert is
compensated for this article. This press release should be
considered in light of all filings of the Company that are
contained in the Edgar Archives of the Securities and Exchange
Commission at www.sec.gov.
SOURCE: BioResearch
Alert