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

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