Jet It

Jet It

Utilizes a hybrid-fractional ownership model based on days – not hours which provides owners with the freedom to use the fleet freely. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€29—44m (Dealroom.co estimates Oct 2022.)
Greensboro North Carolina (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues3.3m7.3m15.3m15.3m
% growth-120 %111 %-
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DateInvestorsAmountRound
-

N/A

-
*
N/A

$8.0m

Early VC
*
N/A

$8.0m

Debt
Total Funding€7.3m

Recent News about Jet It

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Jet It is an aviation company that provides a hybrid private jet ownership program, designed to offer cost-effective, fast, and smart travel solutions. The company serves high-net-worth individuals and businesses looking for a more efficient and economical way to travel privately. Operating in the private aviation market, Jet It combines a disruptive business model with advanced jet technology, specifically the HondaJet, to deliver superior travel experiences. Clients pay significantly less compared to traditional private travel programs, making private jet travel more accessible. The business model revolves around fractional ownership, where clients purchase a share of a jet and pay an hourly rate for usage. This model allows Jet It to generate revenue through both the sale of jet shares and hourly usage fees. Additionally, Jet It offers an exclusive club, the Red Jet Squadron, where flight-trained owners can fly their jets alongside highly trained captains. This unique offering not only enhances the travel experience but also adds an element of adventure and exclusivity.

Keywords: hybrid ownership, private jet, cost-effective travel, HondaJet, fractional ownership, high-net-worth clients, aviation technology, Red Jet Squadron, exclusive club, disruptive model.