NEW YORK, June 12, 2018 (GLOBE NEWSWIRE) -- Star Jets International (“Star Jets” or the “Company”) (OTC:JETR), a leader in the private jet charter industry, announced today the completion of its initial beta testing of the Company’s real-time booking platform. After 5 months of development, management successfully tested the only real-time “Private Jet” booking engine in the private jet industry. Star Jets International expects to launch the online booking engine and the app for Android and Apple iOS at the beginning of the third quarter.
Ricky Sitomer, CEO of JETR, stated, “We are extremely excited to launch what will be the first real-time booking engine in the private jet industry. The depth of our experience and market resources has enabled us to carefully design a disruptive platform with no membership fees and no barriers of entry. Similar to commercial travel industry platforms, such as Priceline , Expedia , or Kayak, the Star Jets platform will enable point-and-click booking of private jets, a trail-blazing experience for first-class world travelers.” Sitomer added, “We believe the launch of our unique booking platform will contribute greatly to building long-term shareholder value.”
The Company continues to execute its plan to achieve the requirements for the Company’s share to up-list and trade onto a more fluid market. The Company works toward the completion of its 2016 and 2017 year-end financial audits, and upon completion expects to immediately up-list to OTCQB markets , and then pursue the up-listing to the Nasdaq Capital Markets .
Management further reports Star Jets International’s first quarter revenue of $1,786,000, an increase of 60% in year-over-year quarterly revenue.
The Company believes that the new booking engine will have a significant impact on its future growth and very much looks forward to its launch in the third quarter.
About Star Jets International, Inc.
Star Jets International, Inc. (OTC:JETR) is a leading luxury air travel brokerage, chartering private jets, commercial jets and helicopters. Providing 24/7 jet concierge service the company has access to over 5,000 domestic aircraft and 14,000 worldwide aircraft featuring complete private travel services, www.StarJetsIntl.com and www.private-jet-charter-flight.com .
For more information about this press release and Star Jets International, contact Ricky Sitomer at 917-331-5152 and www.starjetsintl.com and www.private-jet-charter-flight.com .
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to plans to launch the online booking platform) and other factors discussed from time to time in the Company's OTC Markets disclosure filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the Company. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact Information:
Ricky Sitomer, CEO (917) 331-5152 RS@starjetsintl.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...f7e2371d87
